Miami Realtors are reporting this week that Miami-Dade County real estate broke its record for the most annual home sales in only 10 months as October 2021 transactions surged year-over-year.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending November 19, 2021, U.S. mortgage applications increased 1.8 percent from one week earlier.
Based on the Miami Association of Realtors latest annual Profile of International Home Buyers Report, South Florida posted strong international home sales in 2021 despite Covid-19 global travel bans as the Miami mega region outperformed Florida and the nation.
According to CBRE, demand for warehouse space remains historically high, but developers are struggling to complete construction projects on time due to increased material costs and shipping delays.
According to the Miami Association of Realtors, Miami-Dade County continues to break home sales records, registering its best September sales month in history and establishing a new mark for the most annual total Miami condo transactions in only nine months.
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