Monday, May 6, 2024

Monday, Dec. 4: South Florida real estate market articles

Miami ranked No. 20 in the U.S. Where Baby Boomers are Moving via 2023 Smart Asset study

https://bit.ly/3RsM0jp

 

“Underlying Pérez’s confidence is the belief that Miami has fundamentally changed. The Covid-era influx of wealthy arrivals has paired with a burgeoning cultural and civic scene to give the city a heft that it previously lacked. Miami is no longer a seasonal place governed by the mood of northern tourists or capital ebbs and flows from Latin America. Now, says Pérez, it is a “permanent” city.”

https://bit.ly/46LCqMR

 

Building boom looming for Florida Keys? State considers easing decades-old growth limits

https://www.miamiherald.com/news/local/community/florida-keys/article282214728.html#storylink=cpy

 

Broward leads the state in investment in affordable housing via Sun-Sentinel

https://www.sun-sentinel.com/2023/12/03/broward-leads-the-state-in-investment-in-affordable-housing-and-its-paying-off-opinion/

 

While mortgage rates moving closer to 6% will draw buyers into the 2024 housing market, several economists don’t think it will create a similar rush of sellers listing their homes

https://www.floridarealtors.org/news-media/news-articles/2023/12/lower-rates-draw-buyers-sellers-not-so-much

Originally published at https://www.miamirealtors.com/2023/12/04/monday-dec-4-south-florida-real-estate-market-articles/

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