Real Estate
By MIAMI Realtors® Chief Economist Gay Cororaton
The 30-year mortgage rate fell for the fifth consecutive week during the week of December 15, 2022 to 6.31%. The mortgage rate fell as the Fed downshifted to a smaller 50 basis points...
Real Estate
MIAMI — Colombia posted the most global web searches for Miami homes in November 2022, according to a new report by the MIAMI Association of REALTORS® (MIAMI). Colombia has now topped the list of foreign countries searching Miami real...
Real Estate
Martin County Mid-Market Condominium Sales Rise Again
MIAMI — Martin County mid-market condo sales rose for the second consecutive month, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
“Martin County homes priced between $400K to $600K...
Real Estate
More Inventory Coming to High-Demand Palm Beach County Real Estate Market
MIAMI — Palm Beach County real estate total active listings rose for the fifth straight month, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
“Palm Beach County inventory is...
Real Estate
DUBLIN, Feb. 17, 2023 /PRNewswire/ -- The "Port Construction Projects Overview and Analytics by Stages, Key Countries and Players (Contractors, Consultants and Project Owners), 2022 Update" report has been added to ResearchAndMarkets.com's offering.
The publisher is currently tracking port construction...
Real Estate
Much-Needed Inventory Rises for Fifth Straight Month in Broward County
MIAMI — Broward County real estate total active listings rose for the fifth straight month, according to November 2022 statistics from the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
“Rising inventory means more options and...
Real Estate
Miami Real Estate Records 4th Best Sales Year Ever; 11 Consecutive Years of Price Appreciation
MIAMI — Miami-Dade County real estate has already posted the 4th best total home sales year ever and with another calendar month to go it is poised to end 2022 as its second-biggest sales year ever, according to November...
Real Estate
Miami Metro Area’s Job Growth Continues Outpacing National Trend
By Gay Cororaton, MIAMI REALTORS® Chief Economist
The Miami metro area continues to post stronger job growth than the nation, according to Bureau of Labor Statistics data released Friday. This is a robust indicator for the local commercial and residential...
Real Estate
MIAMI — The MIAMI Association of Realtors (MIAMI) signed 12 new international agreements with real estate associations at the 2022 MIAMI Global Real Estate Congress and the 2022 NAR NXT Conference & Expo, expanding its record number of global...
Real Estate
Mortgage rates could hit 5.5% at year-end and average 6% which is affordable for homebuyers
By Gay Cororaton, MIAMI REALTORS® Chief Economist
With inflation on the wane per the latest CPI report, I expect the 30-year fixed mortgage rates to continue to decline consistently by the second half of 2023 and hit 5.5% by year...
Latest News
Monday, March 18, 2024: South Florida real estate market articles
Miami ranks No. 1 in the U.S. in international migration via new Census numbers. In Miami-Dade County, there were...