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Is Miami The Best Market For Real Estate Investment In 2019?

How is The Miami Housing Market 2019?

If you are looking at investing in the Miami real estate market as a potential investment opportunity, you must read till the end. Miami hits most people’s radar as a tourist destination, though it periodically hits the news when it looks like it may be hit by a hurricane. However, Miami is a large, thriving city with a strong housing market.

Miami is home to just under half a million people. However, the Miami housing market is far larger than that – it includes much of southeast Florida and more than five million people. That makes the Miami real estate market the seventh largest in the U.S., and it is the second largest housing market in the southeastern U.S.

However, that isn’t reason enough to consider investing in the Miami real estate market. According to a report published by Zillow in Dec 2017, Miami was the country’s fourth most valuable housing market. Trailing only Los Angeles (total value of $2.7 trillion), New York (2.6 trillion), and Washington (996.7 trillion), the total value of Miami’s housing market is an estimated 864.2 billion, which represents a solid 4.7 percent increase year over year.


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© 2019 by Marco Santarelli and Norada Real Estate Investments. Your Premier Source for Turnkey Cash-Flow Investment Property.

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