How has living in Miami changed over the last 5 years?

Asked by Looking2buy, Miami, FL Wed Apr 3, 2013

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Leonardo da…, Agent, Doral, FL
Thu Apr 4, 2013
A lot. The economic downturn pushed quite a bit of the financially week out of town, and in search of more economical places with a more affordable cost of living. A new wave of investors florished motivated by the short sale/foreclosures/underpriced real estate market, bringing new money to town, and lots of it. This new wave are increasingly looking for quality housing, and quality living, with a need of more sophisticated services to cator to it. The result is a new and exciting time in the city, affecting all aspects, including an emmerging boom for the Arts , Shows and Entertainment industries.
If you want to chat more, or study any Miami niche market in particular, please do not hesitate to contact me, on the below contact information.
Best regards,

Leonardo da Motta (Leo),
Broker Associate
First Service Realty/ Real Living
Doral, Florida
Cell : (305) 205- 8912
Fax.- (305) 471-0885
Email :
0 votes
Marco Torres, Agent, Miami, FL
Thu Apr 4, 2013
Good question. Tenants are paying more on rent compare to 5 years ago. More properties are own by private investors making the market more stable compare to 2008 or 2009. More buyers than sellers compare to 2008, 2009, 2010, and 2011. Prices are higher on residential real estate compare to 2009, 2010, 2011, and 2012. More communities are more stable on the financial sheets and they are looking better. This is Miami and it is improving ....
Marco Torres
Miami Premier Realty
0 votes
Rosie Morot-…, Agent, Miami, FL
Thu Apr 4, 2013
A lot has changed in the last 5 years,the market was depressed 5 years ago, this is no longer the case today...
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Yanoska Diaz, Agent, Miami, FL
Wed Apr 3, 2013
As far as Real Estate is concerned we have experienced a steady increase in property values, our market has once again flourished.
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Meg Sahdala, Agent, Coral Gables, FL
Wed Apr 3, 2013
If you are asking these questions and having a real estate purchase in mind please contact me directly at or call me at 305.877.2880. These are too many factors to consider and it is a very wide question. A lot has changed within the last 5 years...
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