Miami real estate witnesses bad phase

Miami real estate witnesses bad phase
26/08/2016 , by , in INTERNATIONAL

According to a monthly report released by Miami Association of Realtors, the volume of existing home sales in Miami Dade Country fell 20.8 per cent in July, 2016.

Three main factors which are conspiring to slow down Miami’s real estate market are not enough affordable housing for locals, lack of foreclosure inventory available for investors to snap up and a major drop off in the number of foreign buyers, who have been burned by strong dollar.

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