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Competition For Homes And Rentals Is Increasing In Miami
Nearly a fifth of all homes sold in South Florida are bought by investors, study says
If you are waiting for prices to drop you may be waiting a long time. As I stated in my previous posts, with interest rates nearly at zero and other investments future performance in question, i.e. stock and bonds, buying real estate in a GROWING city like Miami is a no brainer. Please see the link to this article posted today which captures the large influx of investment dollars pouring into the city and the pricing war that it triggers for available properties.
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