If we look at the real estate market trends in the recent past, we can see that more and more people are investing in the Miami realty for purposes of ownership and renting. In fact, the first sign that the Miami real estate market had begun to stabilize was through the quick fill up of realty vacancies.
The ratio of available rental property in the market has fallen due to the rise in incomes and the increase in tax credits after the recession. People are slowly, but surely filing up the spaces. This is now leading to a rise in the rentals. Now is the time to buy property and reap the rewards of these investments when the realty boom will peak and prices will skyrocket.
As the investors come back into the market, prices will rise and everybody will want to have a slice of this profit pie.