Tag : south florida
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...
Miami-Dade Luxury Sales Surge Above Pre-Pandemic 2019 Transactions
MIAMI — Miami-Dade $1-million-and-up transactions surged triple digits versus pre-pandemic 2019 transactions as total pending home sales and showing appointments rose again for the second...
Palm Beach County Adding More New Listings, Boosting Supply for High-Demand Market
MIAMI — Palm Beach County condo new listings are up year to date in a strong sign more supply is coming to the high-demand market,...
50,600 more real estate jobs in February 2023 in contrast to Great Recession job losses
By Gay Cororaton, MIAMI REALTORS® Chief Economist Real estate industry[1] payroll jobs rose nationally in February 2023, with 50,600 more jobs compared to one...
MIAMI Realtors Hosts First YPN Global Congress in Dubai
MIAMI — The MIAMI Association of Realtors (MIAMI) recently brought together the world’s top young real estate professionals for its first YPN Global Congress at...
Colombia Continues as Top Country Searching Miami Real Estate; Texas is Top State for Second Consecutive Month
MIAMI — Colombia once again posted the most global web searches for Miami homes in January 2023, according to a new report by the MIAMI...
South Florida’s Cash Buyers Cushion Effect of Higher Mortgage Rates
By Gay Cororaton, MIAMI REALTORS® Chief Economist Mortgage rates have nearly doubled over the past year to 6.5% as of the week of February...
Miami-Dade Pending Home Sales and Showing Appointments Rise
MIAMI — Two leading homebuying indicators – pending home sales and showing appointments— surged month over month in Miami-Dade County as the resilient South Florida...
Miami-Dade Posts Largest Increase in Tech Jobs, Wages Among Top U.S. Counties
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,...
Miami Real Estate Records 2nd Best Total Sales Year Ever; Miami Condo Annual Sales Finish No. 2 All-Time
MIAMI — Miami-Dade County real estate registered its second-best total home sales year ever in 2022 and annual condo sales finished No. 2 all-time in...

