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Miami Real Estate – Asking Prices For Single Family Homes Up Over Last 3 Months

According to Altos Research, a firm that tracks the movement of single family homes in 27 real estate markets, the asking price for single family homes has increased over the last three months.  This finding is especially interesting since it was reported in a Forbes article titled, Cities With The Fastest-Falling Home Prices.  Miami was the only market out of the 27 to post an increase.  The findings also show that single family homes in Miami  sit on the market the longest, approximately 8 months.