Has COVID-19 affected the real estate market in Miami? Are there opportunities right now?

 

With its warm weather and beautiful beaches, no state income taxes, estate taxes or inheritance tax, Florida has been the number 1 destination for people from cold weather and tax burdened states to move to for the past 10 years.

Within Florida, Miami’s strategic location as a midpoint between Europe, The U.S., and Latin America has enjoyed an enviable position attracting buyers and investors from every point on the globe.

Why is Miami always happening? Easy, because there’s always another country in political or financial turmoil and Miami represents the perfect place to move, vacation, and invest their money, all in one place. A multicultural city where you can feel at home away from the troubles of your real home.  

But in the middle of a pandemic, with travel restrictions in place, and with so many questions about the future, what are the latest statistics of the real estate market in Miami?

How have property sales been affected?

What did the Miami Association of Realtors say in its latest monthly report?

What areas of Miami and types of properties are being sold and which are not?

Where can we find opportunities?

If you want to know the answers to these, and many other questions you cannot miss this video!

Maria T. Villalobos

Realtor Associate

Capital Int’l Realty

USA. +1 786 285 5855

mariat@inmosolutionsmiami.com

www.Inmosolutionsmiami.com


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