Although higher interest rates on mortgages have caused housing prices to fall overall in most of Florida and across the United States, Miami-Dade keeps bucking that trend. In short, people continue to relocate to the county from New York, Chicago and San Francisco, among other cities.
Miami-Dade’s Housing Market Sets Price Record, Bucks National Trend Of Deflating Prices Read More »
Housing prices in South Florida continued to climb last month, reaching levels not seen in almost 15 years. But rising interest rates, which hit 5.37% last week, so far don’t seem to have cooled the market. CLICK ON THE HEADLINE FOR MORE
Sunny, relatively affordable areas are typically the most popular places for people to move to, a trend that has picked up with the pandemic. The number of residents flowing into Miami in the first quarter was up nearly six fold from two years earlier, CLICK ON THE HEADLINE FOR MORE
Miami Enjoys Biggest Inflow Of Future Homebuyers In Early 2022 Read More »
According to a new Redfin report, the increase in condominium prices was caused in part by a shortage of house listings causing shoppers to look at condos instead.The median condo price in Miami rose to $383,000, an increase of nearly 33 percent year-over-year. Inventory fell by roughly 30 percent over the same period. CLICK ON THE HEADLINE FOR MORE
Condo Prices Hit All-Time High Read More »
As travel restrictions lift, international buyers have begun to return to Miami’s luxury market, adding another layer to already red-hot demand in South Florida. CLICK ON THE HEADLNE FOR MORE
International Buyers Are Trickling Back To Miami Read More »
Low interest rates, savings accumulated over the past year and the rise of remote work are driving increased demand for additional residences, according to the findings of a recent Knight Frank survey. CLICK ON THE HEADLINE FOR MORE
Pandemic Continues To Fuel The Demand For Second, And Third Homes Read More »
Five bank presidents and top executives from Miami-Dade and Broward agreed that all banks are in the same situation: they have cash overflow and an increase in customers and lending activities. CLICK ON THE HEADLINE FOR MORE
Miami Banks Awash In Cash Cut Interest On Deposits, Boost Lending Read More »
Annual home sales are expected to rise more than 10% in 2021, following a 5% rate of growth in 2020, according to a recently released Redfin report. CLICK ON THE HEADLINE FOR MORE
2021 Will Likely See The Most Robust Housing Market In 15 Years Read More »
Work from home, focus on quality of life, and interest outside of high-priced urban cores were trending well before the stay-at-home orders hit, say experts. CLICK ON THE HEADLINE FOR MORE
The Pandemic Sharpened Sea Changes Brewing for Years in Residential Real Estate Read More »
