13, 2013
The Miami real estate market continues to sizzle. According to a recent report, Miami is expected to be one of the hottest housing markets in the country in 2014.
Data on unemployment rates, population growth and home value growth were combined to determine the housing markets with the best outlook in 2014. Miami was in the top 5. The top markets all had lower than average unemployment rates and population growth of more than two percent over the past two years. The top cities are also projected to have home value growth of more than two percent over the next year.
The report is meant to give an early view into real estate markets that are expected to experience strong demand. Demand is already high in Miami, and new condo developments are in various stages of construction throughout the city.
For additional information, contact Niki Higgins at +1-888-242-4422.
