Numbers Tell the Story of the Miami Real Estate Market

Smart investors keep betting in Miami and their winnings keep growing. People from all over the globe continue to invest great amounts of money in our Local Real Estate. The numbers are proof: home prices were up 21.4 percent in the third quarter and rose 11.6 percent in the past year, according to Miami's Downtown Development Authority.

Argentinian, Venezuelan and Russian buyers are also flocking to Miami for investment  properties. Russians spent more than $1 billion on overseas real estate last year, and Florida is especially popular destination, loved for its warm weather, private mansions, and limited disclosure requirements, according to CNBC's Robert Frank. * *Source:Business Insider

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