What’s in store for Miami’s housing market in 2023? Here are our Top 3 Predictions for Miami Real Estate in 2023!
🎙️ In this video, Sep Niakan, founder of Blackbook Properties and CondoBlackbook.com, shares why he thinks Miami will be one of the top 3 hottest real estate markets in the US in 2023 (and the research to back it), his top 3 predictions for Miami’s condo market in 2023, and a word of advice for both buyers and sellers. Let’s go!
➤ Skip to:
00:51 – Prediction #1 for 2023 - Prices
01:46 – Prediction #2 for 2023 - Global City of Choice
02:21 – Prediction #3 for 2023 - Top Choice for Domestic Migration
03:10 – What Does this Mean for Buyers & Investors?
03:24 – What Does this Mean for Sellers?
2022 was a year of many records for Miami’s luxury condo market. From sales volume to prices of luxury condos, incoming business exodus to people migration, Miami saw record numbers in 2022.
As we sit at the beginning of 2023, here’s why we think Miami’s luxury condo market has a “bright and sunny” future ahead →
➤ From Knight Frank’s latest report pitching Miami as the 2nd “prime” luxury real estate market in the world for price growth to relator.com’s recent study expecting prices to grow by 3.4%, plus our own data-backed research, we predict Miami’s luxury condo market to witness modest price gains in 2023.
For more information, watch our Q3 2022 Miami Luxury Condo Market Summary →
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Or, read more here →
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➤ Miami has grown into a global city of choice - but don’t take our word for it! Not only does InterNation’s latest study pin Miami as the #1 U.S. city of choice for expats (#12 in the world), but also 1 in 4 international buyers choose to buy in Florida (as per a Coldwell Banker International analysis).
➤ Redfin’s latest market study says Miami will remain one of the top 3 cities for domestic migration – and we have to concur considering our pocket-friendly tax policies and the trends seen over the last two years.
Have a prediction of your own? Leave us a comment below, we’d love to hear it!
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Contact Me:
Sep Niakan
Founder, Condo Blackbook & Owner/Broker, Blackbook Properties
FL DRE BK3102146
(305) 697-7667
Email: sep@blackbookproperties.com
www.blackbookproperties.com
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