MIAMI REALTORS®

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Miami July 2022 Home Sales Outperform Pre-Pandemic Totals; Much Needed Single-Family Home Inventory Rises for Third Consecutive Month

Chris Umpierre

Foreign buyers see upside in U.S. real estate via @rismedia MIAMI Chairman of the Board Fernando Arencibia Jr.: “We can bring back that exposure to our members and to our Miami REALTORS®,” he says. “It’s always been important for us to bring that exposure, that connectivity. Like anything else in life, if you do it once you might have a little bit of an effect, but anything you do consistently, it pays off exponentially.”

Daniel Zapata

NAR along with the MIAMI Realtors and other Realtor associations from around the U.S. as well as individual Realtors met with senior staff of Fannie Mae to discuss issues that have arisen from the recently implemented safety and reserving requirements. While well intentioned, the new requirements to verify the physical soundness of condo buildings and adequacy of financial reserves have created problems in the market.

Daniel Zapata

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