Foreign Investors Love Miami Real Estate

by Isaac Benmergui, Esq on November 21, 2011

Foreign buyers look to Miami more frequently than they look at New York when deciding on real estate investments. Why? Six of the top 10 real estate markets in the country are located in Florida. The triple threat of affordable properties, beautiful weather and stellar views are difficult to beat it seems.

This year is proving to be the best year for Miami real estate since the housing bust. Although the city hasn’t completely bounced back, more than half the residential property inventory has been bought up, in large part, by foreign investors looking to have a stake in the United States housing market. By year’s end, Miami’s housing market may claim a 5 to 10 percent increase over last year’s figures.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

 

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