May 23, 2022 10:11:54 AM
Miami has long been a desirable location for vacationers and retirees, as well as those who eschew the colder climes of the north. Recently, the Miami area has seen a massive influx of new residents who have relocated to the area for its economic conditions, which has contributed to significant job growth due to the number of new businesses established.
As a result, new homes are being built, and many are ready for new buyers. Miami has a population density of more than 13,200 people per square mile, and that number continues to grow, so there's always a demand for housing. Tax incentives for both investors and potential residents appeal to many who envy the warm climate and relaxed lifestyle that Miami embodies.
Homes for sale in Miami have always commanded a premium price due to the area's popularity, but it's now appealing to investors as well as prospective residents. This is due, in part, to the cruise ships that bring foreign investors to the area. In addition to Miami proper, several sub-markets are very appealing, such as the following.