Tag : economic insights
Gay Cororaton, Chief Economist Key Takeaways: Palm Beach County is #1 in the nation with largest net flow of income due to domestic migration totaling...
Southeast Florida Housing Outlook June 2025 Update: Home Sales Rebound in 2026 as Mortgage Rates Decline to Below 6%
Gay Cororaton, Chief Economist A decline in mortgage rates, the increase in state and local tax (SALT) deduction cap from $10,000 to $40,000, and the...
Education/Health, Leisure/Hospitality, Trade/Transportation Lead Employment Gains in Southeast Florida in 2023 Q3
By Gay Cororaton, MIAMI REALTORS Chief Economist The US Bureau of Labor Statistics released last week the Quarterly Census of Employment and Wages (QCEW) which...
South Florida Remains a Prime Multifamily Market
By Gay Cororaton, MIAMI REALTORS® Chief Economist The 2023 Q2 South Florida Market Report for Multifamily Investors was written by Gay Cororaton, Chief Economist, and...
In-Migration Boosted South Florida Household Income by $16 Billion in 2021
By MIAMI Chief Economist Gay Cororaton The number of people moving to Florida has increased compared to the pre-pandemic period (2019) bringing a net...
South Florida Summer Home Sales Could Get a Boost from Fed’s Brief Interest Rate Pause
By Gay Cororaton, Chief Economist Expect a busier summer market with the Fed’s brief pause on its rate hikes before it starts to raise...
87% of South Florida’s Municipalities Have Tighter Housing Supply Compared to Pre-Pandemic Level, Supporting the Home Price Appreciation in Most Markets
By Gay Cororaton, Chief Economist South Florida’s housing supply remains broadly tight compared to pre-pandemic level, supporting sustained price appreciation in this market. As...
Homeowners in the City of Miami See Highest Increase in Home Values Among 20 Major Cities in January 2023
By Gay Cororaton, Chief Economist, MIAMI Realtors® Homeowners continue to see the strongest increase in their home values in the city of Miami among...
South Florida home sales expected to continue to increase through 2023 as mortgage rates decline
By Gay Cororaton, Chief Economist, MIAMI REALTORS® Mortgage rates fell for the second consecutive week to 6.42%. Rates fell following the Fed’s decision to increase...
Selective Lending Conditions Will Tend to Favor South Florida’s Real Estate Market
By Gay Cororaton, Chief Economist, MIAMI Realtors® One potential effect arising from the takeover by regulators of two regional banks is credit tightening and more...

