Friday, January 17, 2025: South Florida real estate market articles

Southeast Florida’s Hot Housing Markets in November 2024 via MIAMI REALTORS® Chief Economist Gay Cororaton

https://www.miamirealtors.com/2025/01/14/southeast-floridas-hot-housing-markets-in-november-2024/

MIAMI Realtors First to Offer Rental Beast and OneHome™ Integration to Members

https://www.miamirealtors.com/2025/01/16/miami-realtors-first-to-offer-rental-beast-and-onehome-integration-to-members/

NAR forecasts mortgage rates to stabilize near 6% in 2025, likely establishing a new normal. Inventory will gradually grow.

https://www.floridarealtors.org/news-media/news-articles/2025/01/2025-year-stabilization-and-opportunities

The average office rent in Miami is nearly 17% higher than it was a year ago, according to a 4Q market report from Savills

https://www.bisnow.com/south-florida/news/office/miami-office-market-sees-rent-surge-tenant-relocations-amid-slower-leasing-for-2024-127555

Since the pandemic, industrial landlords have reaped the benefits of Florida’s population boom and the need for e-commerce distribution facilities. Asking rents skyrocketed to record levels in recent years, as warehouse owners in all three counties enjoyed occupancy levels above 95 percent.

https://therealdeal.com/miami/2025/01/15/south-florida-industrial-vacancies-rise-asking-rents-drop/