Lots of houses in Miami Beach, Florida have been on sale since the autumn and some reports say that some house prices have increased on the seasonal base, but as they promise there will be a decline soon. Real estate companies predict the decline and they announce that some metro areas have entered a soak. It’s the common tendency for the whole country in January and February when the house prices fell. The authorities expect to use many indexes and to study the price situations in the country. Some of them show the slight increase in prices for the houses on sale. But not everyone is so optimistic, as the market has been dropped artificially several times by introducing the tax credit which was supposed to end in November and then by the prolonging the tax credit program to April. Everyone is expecting April to see the real estate market reaction in Miami Beach region.
But the main role is played by the employment. If the national economy creates more jobs, the real estate market will recover and the house on sale prices in Miami Beach won’t fall any more.
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