Leading into July 2016 the real estate market slowed down. In the last few years the value of real estate in Miami Beach had increased by quite a bit so it was inevitable that eventually the market would stabilize. As more homes come onto the market for sale, and not quite as many buyers in years past, the price of homes has dipped a bit and so is now creating a “buyer’s market” in the region. Currently the median price of a home in Miami Beach is $435,000. Another factor leading to the slowdown is the strong dollar which means fewer foreign buyers. Related link realtor.com has the facts.
Samuel Strauch is the Principal of Metrik Real Estate in Miami Beach. Over the last 15 years he has developed the skills to work with the real estate market in Miami Beach, Fort Lauderdale, and the surrounding area in all types of market conditions. Under his guidance, Metrik Real Estate has gone from a small real estate office in 2002 into one that provides services in the real estate market both in Florida and several countries in South America. Strauch has developed Metrik Real Estate into three main areas of the real estate market; equity & development, brokerage, and property management.
According to angel.co, one of the real estate markets that Samuel Strauch has a presence in is Panama. He likes this country because the housing is affordable, the country has a good future, and has a large number of locals and foreigners investing in its real estate market. When asked about investing in Panama Strauch said that Panamas has a strong demographic coupled with good economic growth. He went on to say that Panama is a good opportunity for those who have savings to purchase a permanent or second home due to a lot lower cost of living.
More of Strauch’s Blogs on https://www.linkedin.com/in/samuel-strauch-b3944013/