Miami Beach Real Estate News
Miami Beach
Greater Miami Overall Residential Sales Uptick 1 Percent in February
Based on new data from the Miami Association of Realtors, Miami-Dade County overall residential sales rose year-over-year 0.8% in February 2024.
Florida Condo Prices Falling as Insurance and HOA Fees Skyrocket
Based on new data from national property broker Redfin, prices of condos in major Florida metros are dropping year-over-year in early 2024, as sales decline. New condo listings inventory is soaring as sellers try to offload their properties.
Greater Miami Area Home Sales Uptick in January, Condo Sales Dip
Miami Realtors are reporting this week that greater Miami-Dade County total home sales and total dollar volume rose year-over-year in January 2024, as South Florida real estate continues to outpace the nation even as mortgage rates return to the 7% range.
Falling U.S. Mortgage Rates Boost New Home Sales in December
According to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in December 2023 in the U.S. increased 8.0% to a 664,000 seasonally adjusted annual rate from an upwardly revised reading in November 2023.
