Many people are hoping that their final destination can be the Miami area when they are seeking a new place to live, and according to The Real Deal, sales are increasing at an unbelievably quick pace. Even so, this isn’t encouraging prices to increase at as fast a rate.
With so many people purchasing Miami real estate, it’s obvious that they think that they are getting an incredible value for their money. The past four years of housing price increases didn’t do anything to move people away from this view. Now that the prices are increasing at a slower pace than during those years, the number of people seeking to purchase Miami Beach real estate could continue to grow.
As was reported in the article in The Real Deal, condominium sales grew by 21 percent, and single-family home sales increased by 38 percent from August 2012 to August 2013. This is definitive proof that the Miami Beach real estate market is hot right now.
Wealthy Americans have known how desirable the properties are in the Miami area, and foreigners are beginning to learn this truth as well. Over the past year, the French and the Canadians have been deciding to buy properties in this location in growing numbers. Experts suspect that the French like the tax system in America much better than in France, and Canadians enjoy the moderate weather in southern Florida more than the winter weather in Canada.
Other than Miami Beach, you can find luxury properties in Sunny Isles Beach Real Estate and Bal Harbour Real estate, but this requires the assistance of a realtor. If a condominium home is what you need or you are seeking a single-family home, an experienced realtor is the person who can find it for you for the perfect price.
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