Southeast Florida’s Rental Market Ends Strong in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist As high mortgage rates continued to put many potential homebuyers on the sidelines, Southeast Florida’s residential rental...
Category : Commercial
Southeast Florida’s Rental Demand is Poised to Strengthen in 2025
By Gay Cororaton, MIAMI REALTORS® Chief Economist Southeast Florida’s rental demand is likely to strengthen in 2025 as mortgage rates remain elevated and with...
Miami-Dade Again Leads the Nation in Multifamily Units Under Construction
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County continues to rank No. 1 in the U.S. in multifamily units under construction with developers...
Southeast Florida’s Multifamily Outlook is Strong Despite Rent Decline in October 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Asking rents on 2-bedroom multifamily units in Miami-Dade County decreased in October 2024, but the multifamily market outlook...
$4.8 Billion in Miami-Dade Commercial Sales Through 2024 Q3
By Gay Cororaton, MIAMI REALTORS Chief Economist Commercial real estate investors closed $4.8 billion in commercial real estate sales deals in Miami-Dade County in...
Southeast Florida’s Multifamily Rent Growth Outpaces the Nation Due to Lower Vacancy Rates
By Gay Cororaton, MIAMI REALTORS Chief Economist Southeast Florida’s vacancy rates on buildings with 10 units or more continue to trend below the national rate....
Miami-Dade Renters Could See More Leasing Incentives as Supply of Rentals Outpace Demand over the Next Five Years
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County is undergoing intense construction activity of apartment rentals at a level that is poised to outpace...
Miami-Dade Office and Retail Properties are Top Asset Classes for Investors in the First Half of 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist In the first half of 2024, office and retail assets emerged as the investors’ favorites, while multifamily and...
Single-family Homes for Rent are in High Demand in Southeast Florida
By Gay Cororaton, MIAMI REALTORS Chief Economist Asking rents for single-family homes have held up more firmly than multifamily asking rents and single-family listings now...
Southeast Florida rental demand perks up in vacation spots and affordable markets in April 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist With the spring and summer seasons ushering in demand for short-term vacation rentals and permanent rental housing among...