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How is Miami’s real estate beating the nationwide downfall?
 
You’ve probably heard that the U.S. nationwide real estate market will show signs of slowing-down this upcoming year. After years of a constant increase in the volume of sales, this upcoming year is expected to decrease by 2%. However, as for every rule, there is an exception, some housing markets are expected to beat the overall trend. Miami is one of those markets. 
 
The analysis we are introducing to you studied different elements, such as the number of sales of existing homes in Miami, their respective prices and the number of homes being constructed at the moment. Different economic metrics were also taken into accounts, such as the local economy, population trends, unemployment rates, and other factors. All these factors drove into the conclusion, that Miami’s real estate market is expected to increase this year. 
 
In the entire nation, prices are still expected to increase by a small 2%, and as mortgage interests are continuing to rise, more and more buyers are currently avoiding to invest. But why Miami’s market is overcoming this deceleration and having a projected increase in sales of 3%? There are 2 answers to that question: 
 
    A strong economy      A line of residents moving in   
Regarding the ... more

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