Every housing market is unique. NAR's Local Market Reports (LMRs) — which reflect data available through September 2008 — provide insights into the fundamentals and direction of the nation's largest metropolitan housing markets - including South Florida. Each downloadable report evaluates a number of factors affecting home prices, including:

• The health of the local job market
• Foreclosure rates
• Housing inventory
• Debt-to-income and mortgage-servicing-costs-to-income ratios

When RAMB establishes relationships with international associations and organizations, more business and referral opportunities become available for members.

At NAR’s 2008 Realtors Conference & Expo earlier this week, RAMB conducted interviews in the sound studio at RAMB’s booth with international real estate partner associations – and other worldwide associations and organizations.  Videos will soon be available online for viewing.

The Miami International Real Estate Congress today featured National Association of Realtors (NAR) Economist Jed Smith, who presented Economic Update and Markets toTarget for Foreign Investment to more than 250 international and U.S. real estate professionals.

RAMB has over 55 agreements with worldwide real estate associations and organizations.  These relationships serve to promote South Florida and the local real estate market to international buyers – and helps RAMB members expand their international business.  Today I will highlight Opp Live08 in London.

I often get calls from Realtors who would like to expand their international business.  Most want to know the best way to reach international clients.

Connecting with international professionals is probably one of the best ways to reach international buyers and generate referral business.  Through the professionals you can target  a greater number of prospects. 

The South Florida real estate market is beginning to show signs of recovery. In August, the number of existing single-family home sales in Miami and surrounding areas increased 22 percent from August 2007, while condominiums increased by 13 percent from during the same time period.  This is especially significant when comparing local market figures to the entire state of Florida, where the number of sales decreased by 4 percent.

RAMB, for the third consecutive year, is promoting the South Florida real estate market and establishing referral business with Paris brokers at Salon de l'Immobilier - Porte de Versailles, a real estate expo in Paris, France.  Courtesy of FNAIM Paris - Ile de France, one of RAMB's most important partner associations, RAMB exhibits at the FNAIM Village, a privilege reserved for FNAIM members.  Over 60,000 visitors, many of whom have specific and serious interest in Miami and South Florida properties, are expect to attend this premier event.