Read Today’s Top Story: 2025 South Florida real estate predictions

Trends

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Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Miami and nationwide is creating a more buyer-friendly market.

Pending home sales regain upward momentum in June 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The most popular ways to upgrade a home in 2024 — without a huge demolition

There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.

Miami surges in renter survey 

The city jumped 15 spots in RentCafe’s annual ranking of U.S. cities. 

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Houzz: The top outdoor home trends for 2024

Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.

Colombia accounts for most web searches of South Florida real estate 

The MIAMI Association of REALTORS® said house hunters in the country accounted for the largest share of international searches of MiamiRealtors.com, followed by Germans and Canadians. 

A down payment of just 20% may be a thing of the past, Zillow says

Buying a home in Miami? Here’s the down payment you need to afford it.

Miami-Dade single-family sales rise 6% in May 

The median price of a single-family home sold in the county rose for the 150th month in a row, a new record. 

Median existing-home sales price hits all-time high in May 

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

Housing Scorecard: Home sales rise in Miami-Dade, Broward, Palm Beach

At the same time, inventory also rose in all three South Florida counties.

Case-Shiller: Home-price index hits all-time high in March; Miami sees 8.2% gain 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Miami-Dade home sales rise 5.4% year over year in April 

At the same time, the median prices for single-family homes and condominiums also gained ground. 

Miami ranks No. 4 in U.S. for new listings, No. 3 for months’ supply increase

The city saw a 31.2% annual jump in new listings in April and a 54% surge in months’ supply, according to the latest RE/MAX National Housing Report. 

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