Inflation, rising mortgage prices, and record high prices make buying a home in Miami extremely difficult. Despite this, many people are still interested in buying a home or renting in this city. This is because Miami is a great place to live, with great weather and lots of interesting sights to see.
According to the Miami Association of Realtors, total sales in September 2022 exceeded total sales in Miami before the pandemic. Prices increased by 18.8% in 2021 alone. That was a record since 1987, when such calculations began.
Want to live and study in Miami?
Our company, A&K American Educational Consulting, has partnered with several educational institutions in different cities and states across America, including a language school in Miami. We have written more about everything in the guide. You can pick it up for free here.