Investments and Changes to the Miami Real Estate Market

According to the Miami Herald, the Miami Association of Realtors will host "Financing Programs to Close More Contracts this Year". A class on Tuesday from 10:00 AM until 12:00 PM at 20803 Biscayne Blvd. The class will go over financing programs, no income and no asset loans and down payment assistance programs, as well as strategies to close real estate deals faster. Loan advisor Eddie Fernandez will lead the discussion. Members of the National Association Of Realtors are required to pay $15 when they reserve their spot in advance or $20 on sites. Nonmembers are also welcome for a ticket price of $30-$50 on-site.

The New York-based real estate firm Carmo Companies will be hosting the Latin America US Real Estate meeting at 2201 Collins Ave. in South Beach from 10:00 AM until 8:00 PM on Wednesday. This conference is designed to bring together institutional and private wealth investors actively investing in Latin America and the United States. The discussion will surround investment opportunities, the performance of real estate-related asset classes across the region and certain allocations. Speakers will include the Virgin Hotels Chief Development Officer Alii Hope and the tickets will cost $2000. This is the same company that founded the Virgin Group.

The Miami real estate market has actually cooled off in the last six months. Where leaning more toward a buyers market, with a home value index of about $338,000 on average. Home prices have only increased .8% over the past year and several economists will predict that will actually fall to -0.3% over the next year. What is this mean for investors? It's a great time to consider jumping in because as the ebb and flow of real estate go, chances are within the next five years it will definitely increase.

For more information on the Miami real estate market feel free to browse my website, check out the blog for more information or start your search for all Miami real estate here