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  • Click to view MiamiRealtor's profile
    Posted January 13, 2014 by
    MiamiRealtor
    Location
    Miami, Florida

    More from MiamiRealtor

    New Yorkers Increasingly Buying Miami Real Estate

     

    New Yorkers have always been strong buyers in the Miami real estate market, but they seem to be making their presence known now more than they have in recent years. According to reporting in BizBrag, the share of buying done by New Yorkers has gone up from 10% to 25% in the last year.

     

    Prices

     

    While Miami may have an affluent real estate market, it is still generally more affordable than New York City. This makes Miami very attractive to affluent New Yorkers who are looking for something that is definitely a luxury property but who don’t want to pay New York prices for it.

     

    Culture

     

    Culturally, Miami and New York do have a lot in common. Everything from upscale shopping to theaters, restaurants, and most anything else can be found within walking distance of many of the most prestigious developments in the Miami area. Miami is an enormously diverse city, something that New Yorkers are sure to appreciate given that New York is so famous as a center for business and culture.

     

    Like much of the rest of the country and nations beyond, New Yorkers are discovering what Miami real estate has to offer. Whether one is looking for a very exclusive place to call home or wants to live somewhere that is casual, but still very luxurious, Miami makes that possible. With so many New Yorkers entering into the real estate market, there is yet another sign that the real estate market in Miami is vibrant and picking up once again.

     

    Check our website for a complete up-to-date Miami real estate market analysis:http://www.sunnyislesmiamirealestate.com/

     


    READ MORE at the Sunny Isles Miami Real Estate Blog

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