Tag : chief economist
By Gay Cororaton, MIAMI REALTORS® Chief Economist Miami-Dade County had the largest year-over-year increase in tech jobs and wages among the top-10 largest U.S. counties,...
South Florida Homebuyers Save About $500 Per Month with Decreasing Mortgage Rates
By Gay Cororaton, MIAMI REALTORS® Chief Economist The average 30-year fixed rate fell to 6.09% in the week of February 2, the fourth consecutive...
Mortgage rates could hit 5.5% at year-end and average 6% which is affordable for homebuyers
By Gay Cororaton, MIAMI REALTORS® Chief Economist With inflation on the wane per the latest CPI report, I expect the 30-year fixed mortgage rates to...
30-Year Mortgage Rate Falls for Fourth Consecutive Week to 6.33%, Saving Potential Buyers Nearly $200/Month
By MIAMI REALTORS® Chief Economist Gay Cororaton The 30-year mortgage rate fell for the fourth consecutive week during the week of December 8, 2022 to...
30-Year Mortgage Rate Falls for Third Consecutive Week; Could Decline to 6% by Year-end as Economic Risks Now Outweigh Inflation Risks
By MIAMI Realtors® Chief Economist Gay Cororaton The 30-year mortgage rate fell for the third consecutive week during the week of December 1 to...
Miami Metro Area Home Price Appreciation Outpaces Major Markets in September 2022, According to S&P CoreLogic Case Shiller Index
By MIAMI REALTORS® Chief Economist Gay Cororaton Miami Metro Area single-family home prices rose at the fastest pace in the U.S. in September 2022,...

