5 Warm-Weather Cities With Blistering Hot Real Estate
No. 1 warmest U.S. market: Miami
Mean winter temperature: 69.6 degrees
Once the poster child for South Florida's housing bust, the Magic City is posting bigger rebound numbers these days than LeBron James and the Miami Heat.
Barbar says many homes are attracting competing offers from multiple buyers, "and we expect to see solid price appreciation not only this year but over the next three or four years. All of the signs are positive."Realtor.com found that the median Miami property's asking price has risen 7.3% over the past year to hit $285,000. The number of available properties also fell 10.1%, while the typical listing's age fell 22.3%, to 73 days.
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