Southeast Florida Sees Rising Share of Cash Buyers Since 2019
By Gay Cororaton, MIAMI REALTORS® Chief Economist Cash buyers have increasingly comprised a higher share of sales since 2019. The rising share of all-cash buyers...
Category : Economic Insights
June 2024 Update: Southeast Florida 2024-2025 Housing Outlook
By Gay Cororaton, MIAMI REALTORS Chief Economist Mortgage rates have remained higher than expected with the Fed opting to keep the federal funds rate unchanged....
Southeast Florida Robust Housing Market Creates Wealth for Homeowners that Outpaces the Nation
By Gay Cororaton, MIAMI REALTORS® Chief Economist Southeast Florida’s robust housing market over the past years since the Great Financial Recession in 2009 has created...
As South Florida Rents Rise, Renters Opt for Smaller Living Spaces and Older Neighborhoods in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist As rents continue to increase in Southeast Florida, renters are opting for smaller living spaces and older units...
Southeast Florida’s Real Estate Industry’s Contributes to Economic Growth and Wealth Creation
By Gay Cororaton, MIAMI REALTORS Chief Economist Southeast Florida’s real estate and rental and leasing industry[1] is a major contributor to economic growth and plays...
Miami-Dade County Leads the 10 Largest Counties in Job and Wage Growth as of 2023 Q4
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County led the largest 10 counties in terms of employment growth in 2023 Q4, with employment up...
Miami-Dade and Broward Condo Sales Jumped in April 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County and Broward County condominium sales jumped in April, crossing positive sales growth after two years of...
Jupiter-Tequesta-Hobe Sound Dollar Sales Rose 21% in 2024 Q1
By Gay Cororaton, MIAMI REALTORS Chief Economist During 2024 Q1, the dollar volume of homes sales in the JTHS Market* area rose to $1.2 billion,...
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...
89% of Southeast Florida’s Submarkets Register Single-Family Home Price Gains in 2024 Q1
By Gay Cororaton, MIAMI REALTORS Chief Economist In the first quarter of 2024, 89% of Southeast Florida’s 95 incorporated and non-incorporated areas saw an increase...