Apartment Rent Growth Cools but Miami is Still Outpacing U.S. Rent Growth
Gay Cororaton, Chief Economist The median rent paid for new leases continued to cool in May 2023 but Miami’s rent growth is still outpacing...
Tag : economist
Out-of-State Driver License Exchanges Still Surging in South Florida in 1Q 2023 vs. Pre-Pandemic Average
By Gay Cororaton, Chief Economist, MIAMI REALTORS® A strong job market, the increased opportunity to work from home, retirement, and the property tax advantage...
Preliminary Data Shows South Florida Housing Market Strengthening in January 2023
By Gay Cororaton, MIAMI REALTORS® Chief Economist Preliminary data on the South Florida housing market shows more new listings of single-family homes and a...
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 Fixed Rate Falls to 6.61% in Week of November 17
By MIAMI Realtors® Chief Economist Gay Cororaton The average 30-year fixed rate mortgage rate fell sharply to 6.61% for the week of November 17, the...