Migration to Miami-Dade Remains Higher than Pre-Pandemic
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways Out-of-state driver license exchanges in Southeast Florida decreased in 2025 Q1 but were higher...
Category : Economic Insights
Southeast Florida Home Equity Surges in Q4 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways Southeast Florida’s rapid price growth has created significant wealth for homeowners, with 90% of...
Miami Condo Prices Rise 8% With Highest Increase in Upper Price Tier
By Gay Cororaton, MIAMI REALTORS Chief Economist Key Takeaways The median single-family sales price in Miami-Dade County rose 0.8% in February 2025 from one year...
Miami-Dade County Continues to Rank No. 1 in International Migration
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Population rose at a faster pace than nationally in the Tri-County area due to net international...
Cash Buyers Account for 75% of Southeast Florida’s Vacation Home Sales
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Miami Beach is the second largest vacation home market in the United States and is...
Homesteaded South Florida Homeowners Received $5,000 in Tax Savings in 2024
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways Florida’s homestead law enables a homeowner who uses the property as a primary residence...
Miami-Dade Condominium Sales Prices Rise for 5th Consecutive Month
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Miami-Dade County’s condominium median sales price rose for the 5th consecutive month to 2.3% in...
2024-2025 Southeast Florida Housing Outlook: Modest Price Appreciation Amid Elevated Mortgage Rates
By Gay Cororaton, MIAMI REALTORS Chief Economist Mortgage rates are likely to remain elevated at 6.8% in 2025 as the Fed adopts a cautious...
Southeast Florida’s Spring Market is More Favorable for Buyers with More Housing Supply
By Gay Cororaton, MIAMI REALTORS Chief Economist Key takeaways: Active inventory for single-family homes is at 5 to 6 months’ supply in the Tri-County...
Miami-Dade County’s Job Growth in 2024 Q3 Outpaced the US and the 10 Largest Counties
By Gay Cororaton, MIAMI REALTORS Chief Economist Miami-Dade County led the largest 10 counties in terms of employment growth in 2024 Q3, with employment...