Miami Comes in as 280th Most Attractive U.S. Real Estate Market

Miami Real Estae

Miami has ranked as the 280th city in the United States when it comes to the attractiveness of the real estate market. According to WalletHub, out of a survey of 300 cities considering sixteen categories including Foreclosure Rate and Average Number of Days on Market, in which Miami ranked 268th and 277th respectively. Miami came in 253 when it came to Population Growth Rate, 221st in Homes with Negative Equity, 279th in Number of Unsold Homes Owned by Banks, 246th in % of Mortgage Holders in Delinquency, and 211th in Unemployment Rate. Miami's rank amongst large cities was around 58. Seven of the top ten cities were from Texas and Miami trailed Florida neighbors including Davie, Boca Raton, Pembroke Pines. These numbers show that despite the growth Miami has seen in recent years there is still a ways to go when it comes to poverty in the city.