(305) 793-1365 restivomiami@gmail.com

A SHOT IN THE ARM FOR MIAMI’S REAL ESTATE MARKET – REAL ESTATE FORECAST 2010-2011

September 11, 2010

P R O P E R T Y   S E A R C H

R E S T I V O – H E C H T M A N    T E A M

UM ORANGE AND GREEN

FROM THE LOOKS OF THE ECONOMY, MIAMI APPEARS TO BE AT THE EPICENTER … AND WE ARE  LOOKING LONGINGLY TOWARD A HIGHLY-ANTICIPATED REAL ESTATE UPTURN.  EMPLOYMENT AND JOBS (AND, IN MIAMI, “TOURISM”)  ARE MAJOR CATALYSTS  THAT CONTINUE TO DRIVE THE ECONOMY AND THE HOUSING MARKET.

APART FROM  THE SHOT IN THE ARM  LEBRON JAMES  GAVE MIAMI BY JUST SIGNING TO COME TO MIAMI TO PLAY FOR THE MIAMI HEAT… MIAMI’S  MILLER SCHOOL OF MEDICINE AND THE UNIVERSITY OF MIAMI HAVE STEADILY  BEEN PUSHING, PRODDING, AND INCHING MIAMI ALONG THE ROAD TO ECONOMIC UPTURN AND STABILITY.  

UNIVERSITY OF MIAMI PRESIDENT, DONNA E. SHALALA,HAS HAD HER EYE ON UM BEING RANKED AMONG THE TOP TEN UNIVERSITIES IN THE NATION  WITHIN A DECADE OF HER HEADING UP THE UNIVERSITY.   OFFICIALLY  NOW, THE UNIVERISITY IS LISTED AMONG THE TOP 50 … THE UNIVERISTY OF MIAMI IS RANKED 47TH  NATIONWIDE… AND  NUMBER 1 IN FLORIDA  FOR THE SCHOOL YEAR 2010-2011.   

DESPITE A GENERALIZED HIRING SLOW-DOWN AT THE UNIVERSITY OF MIAMI, UM  HAS CONTINUED TO RECRUIT  PROMINENT RESEARCH SCIENTISTS AND MEDICAL FACULTY  FROM AROUND THE WORLD, WHICH IN TURN IMPACTS OUR LOCAL ECONOMY AND HOUSING MARKET.

UM JUST WELCOMED HUNDREDS OF NEWLY-HIRED FACULTY, SCIENTISTS, DEANS, MEDICAL RECRUITS AND THEIR FAMILIES  … INVITING THEM TO THEIR ANNUAL INCOMING-FACULTY PICNIC  AT SMATHER’S FOUR FILLIES FARM IN PINECREST.  

IT STRUCK ME JUST HOW STRONG AN ECONOMIC INFLUENCE THE UNIVERSITY OF MIAMI AND THE MILLER SCHOOL OF MEDICINE ARE ON SOUTH FLORIDA.  BOTH HAVE A DIRECT INFLUENCE AND POIGNANT IMPACT ON BOTH THE ECONOMY AND REAL ESTATE. IN TERMS OF JUST HOUSING ALONE, THE UNIVERSITY AND THE MILLER SCHOOL OF MEDICINE   HAVE  GIVEN MIAMI A SHOT IN THE ARM… RAISING THE UNIVERSITY TO THE LEVEL IT IS …  WHICH BODES WELL FOR THE LOCAL ECONOMY AND THE REAL ESTATE MARKET IN SOUTH FLORIDA.

IF YOU ARE CONSIDERING MOVING TO SOUTH FLORIDA, OR LOOKING TO RELOCATE ELSEWHERE, AND NEED AN EXPERIENCED LOCAL MIAMI REALTOR TO HELP YOU BUY OR SELL,  PLEASE FEEL FREE TO CONTACT ONE OF OUR TEAM AT 305-793-1365 OR 305-632-1364 OR SEND US A MESSAGE HERE AND WE WILL RESPOND PROMPTLY BACK TO YOU.

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