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Tag Archives: south florida real estate market

Residential inventory drops in Miami

Residential inventory drops in Miami

People’s concerns regarding the effect of the Coronavirus in the South Florida Real estate market keep rising, and more studies results keep arriving with more interesting facts. This time it has to do with the drop of the residential inventory in the past weeks.

According to one of these studies, which researched the number of new listings (condos and single-family homes) in the most populous metro areas in the US. from March 1st- April 5th compared to the same period last year, the Miami metro area showed a drop of 30.7% in new residential listings. In the ranking, Miami was classified sixth, which shows there was a major fall compared to the rest of the country.

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Posted by on April 17, 2020 in News

 

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Foreign investors are back in town!

Foreign investors are back in town!

Foreign buyers have been the #1 buyers of South Florida real estate for more than a decade. However, for the past few years, there was a tremendous decrease in Latin American buyer’s activity due to inflation and unstable local governments. However, according to the Profile of International Home Buyers Report of 2018, there was a rose of 23% of foreign purchase activity in 2018 compared to 2017. Out of those foreign buyers, Brazilians are in the top of the list.

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Posted by on April 12, 2019 in News

 

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A healthy real estate market!

CaptureToday I don’t feel like speaking about whether we should be scared of a housing bubble or not. Instead, let’s speak about the reasons why home sales are looking healthy, and not only in Miami but in the United States in general! Read the rest of this entry »

 
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Posted by on June 13, 2013 in News

 

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Downtown Miami condo business booming

 
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Posted by on January 31, 2012 in News

 

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