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So, you're interested in buying real estate in Miami, Florida? Who isn't? Miami, FL is a gorgeous city. It's clean, warm, and it has fabulous beaches. You'd be crazy not to at least consider it, whether you've lived in Florida all your life and are looking to move up in the grand scheme of things or you've paid off your mortgage in Ontario and are looking for a condo that will suit your new snowbird lifestyle. Whatever your reason for investigating Miami, FL real estate, you've come to the right website. It was designed by Miami real estate agents to give you a complete overview of the city and surrounding area. So sit back and be regaled by its splendor.

Miami, Florida: The Magic City

Miami, Florida On the southeastern shore of the state of Florida between the Everglades National Park and the Biscayne National Park lies the city of Miami. With its tropical climate, clean water, great air quality, and vast green spaces, Miami is a popular destination not just for Americans but also for Latin American immigrants and over 12 million tourists per year. The current population is over 400,000, more than 65% of whom are of Hispanic descent, up from a population of only a thousand people in 1896, the year of its incorporation. This growth rate was akin to magic, inspiring Miami's nickname: "the magic city."

As a city, Miami, FL has many distinctions. It is the fourth largest urbanized area in the United States, the cleanest city in America according to Forbes magazine, the third richest city in the country, and the only major American city to have been founded by a woman. Its top dog status extends into its economy as well, since Miami is the pinnacle of the international banking industry in the United States. The Port of Miami sees more cruise ships than any other in the world and the city's manufacturing center produces everything from quarried stone to industrial insulation.

Though the city currently ranks near the bottom of the list in terms of percentage of residents with a high school education, Miami, Florida nevertheless has several top ranked high schools and one of the only school boards in the country that offers bilingual education. The Spanish language influence carries over into the entertainment industry as the city is a hot spot for Latin dance music, and Spanish language television.

Neighborhoods and Home Styles in Miami, FL

the Coconut Grove neighborhood, Miami, FL Miami, Florida has everything you could possibly want in a housing market. If high rise condos or apartments are your goal, downtown and midtown will be your destination. Miami has been experiencing a building boom in these areas, and more than 50 new skyscrapers are under construction. Would you like a historic home? Well head on over to Miami's south side, where neighborhoods like Coral Way, which was built in 1922, and Coconut Grove, which was established in 1825, are ready to take you backward into Miami's past. If upscale living is more your thing, you'll find it in the Design District and Upper East Side neighborhoods of northeast Miami.

The neighborhoods in Miami, Florida are a rainbow of races and cultural backgrounds. Some neighborhoods, like Little Havana on the west side, and Little Haiti on the north side, cater primarily to immigrants from a single country, like Cuba or Haiti. Other neighborhoods, especially in midtown, are a melting pot of people from every corner of two continents.

Unfortunately, all these benefits don't come without a price, as Miami, FL has been rated the twelfth least affordable city for home ownership. The cost of living in Miami is very high, at 141.7 compared to the U.S. average of 100, which often makes it difficult for immigrants (especially illegal ones) to make ends meet. Average housing prices for Miami range from $425,000 for a single family detached home to $837 per month to rent an apartment.

Contact a Miami, FL Real Estate Agent

With the building boom going on in Miami right now there's never been a better time to buy in. If you've heard all you need to hear to know that Miami, Florida is right for you, we recommend getting in touch with one of our trained real estate agents as soon as possible so you'll have the best available options. You should also give them a call if you have any further questions, as nobody knows Miami like a local Miami real estate agent. Their information is on the contact page of this website, so what are you waiting for? The sooner you call the sooner you can be in Miami!


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Thursday, March 11, 2010