Current Market Data

Three south Florida cities make top 20 list for sellers in 2021
Three south Florida cities make top 20 list for sellers in 2021

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

Miami home sales price up 16.5% in December
Miami home sales price up 16.5% in December

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

Does your client know owning is cheaper than renting in most markets?
Does your client know owning is cheaper than renting in most markets?

Here’s a little tidbit that might help clients decide whether or not it’s time to buy their first home — it could save them some money.

Construction a bright spot in December jobs report
Construction a bright spot in December jobs report

December marked the end of seven straight months of job growth.

Active listings down only 20% in Miami area
Active listings down only 20% in Miami area

The number of homes for sale nationwide dropped below 700,000 in December, hitting an all-time low, while home prices were up double-digits over the year prior, according to realtor.com’s Monthly Housing Trends Report.

Introducing South Florida Agent’s Housing Scorecard
Introducing South Florida Agent’s Housing Scorecard

Want to know what’s happening in the South Florida market? Click here for the full housing scorecard to see your local numbers!

Pandemic-era sellers to iBuyers: ‘No thanks’
Pandemic-era sellers to iBuyers: ‘No thanks’

As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners.

Super sellers’ market may hinder affordability outlook for 2021
Super sellers’ market may hinder affordability outlook for 2021

“Comparing the RHPI levels in October relative to the resurgence of home buyer interest in June, affordability declined in 24 of the top 50 markets we track.”

Existing-home sales slide slightly in November
Existing-home sales slide slightly in November

Sales in November are still 25.8% higher year over year.

RE/MAX: Miami’s still a buyers’ market
RE/MAX: Miami’s still a buyers’ market

Inventory also reached its lowest point in the report’s history, down 31.8% from the same time last year and down 13.3% from October.

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