Broward County's residential real estate market continued to lose steam in May, with total home sales falling nearly 18% year-over-year as high mortgage rates and strict financing rules weighed on buyer demand, according to data released by the Miami Association of Realtors.
A new report from Realtor.com reveals a modest uptick in international interest in U.S. real estate, with 1.9% of the platform's traffic in the first quarter of 2025 coming from global home shoppers -- up slightly from the same period in 2024.
After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter of 2025--a modest 2% increase from a year ago--signaling a stabilization of investor activity in the residential market.
For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.
Posted on September 26, 2024