Mortgage rates trended down for the third straight week as new data indicates inflationary pressures are receding. The consumer price index slowed to 3.2% in October which is down from
Sales Volume is Still Down, but Inventory Ticks Up South Florida’s home sales were down again in September as housing supply remains low and interest rates continue their upward trend.
Inventory Levels Are Back to Normal for Ocean Access Homes This is an exciting time of year in the Fort Lauderdale area. The weather is starting to improve, the Fort
Median Sale Prices Continue to Rise as Sales Volume Slows South Florida’s housing market in August followed a similar trend to the previous summer months as year-over-year prices rose and
Single Family at Equilibrium, Condos Still in Short Supply The most popular segments in our real estate market are single family homes with ocean access, and oceanfront condos. We follow
Median Sale Prices Climb to New Record Highs in South Florida Our real estate market here in South Florida has once again proven to be a little different than the
Median Sale Prices Reach Record Highs in Tri-County Area After 2 years of record price increases and massive depletion of housing inventory, our real estate market in South Florida experienced
Inventory Remains in Short Supply, Median Prices Continue to Tick Up While some media outlets continue to highlight that “closed sales are down”, the real story in South Florida real
Median Prices and Inventory Begin to Stabilize It was only a matter of time before we would see a correction to our waterfront property markets in Northeast Broward County. Demand
Sales Volume Recovers, Keeping Inventory Low Single family home sales in South Florida rebounded nicely in March. With 3,829 total closings for the month we were down only 15.7% from
Inventory Still Limited, Median Prices Still on the Rise Housing inventory remains in short supply across South Florida with months supply of inventory averaging only 3.3 months for single family
Median Sales Price Up 7.8% over Last Year While sales volume was down significantly from January of last year, the median sales price of a single family home in Miami
