It’s a Buyer’s Market in South Florida

It’s a good year for real estate investors looking to buy in South Florida. Thanks to the oversupply in the housing market and the departure of Latin American buyers due to the current strength of the dollar, experts are predicting that Miami’s luxury home prices will remain flat all throughout 2018. Now is the perfect time for real estate investors to take advantage of this buyer-friendly market.

According to Mansion Global, experts are recommending that those planning to buy do so now before the current oversupply becomes absorbed. The lack of new construction and enticing tax environment will eventually bring an end to the abundance of luxury housing in South Florida and cause prices to go back up.