by Caden DeLisa | Jul 18, 2024
Newly signed contracts for single-family homes and condos dropped throughout South Florida despite an increase in new listings, signaling a cooling market influenced by rising interest rates and affordability issues. Despite an increase in property listings in June,...
by Caden DeLisa | Jul 15, 2024
Florida’s largest cities have seen significant declines in rent prices, diverging from the national trend of rising rents, primarily due to an oversupply of rental units from increased apartment construction during the pandemic. Florida’s rental market has...
by Caden DeLisa | Jun 24, 2024
Miami is the most competitive rental market in the U.S., with 19 prospective renters per unit, a 94.1 Rental Competitiveness Index score, and apartments typically rented within 36 days, driven by high lease renewal rates and limited new housing supply. Miami remains...
by Caden DeLisa | Jun 4, 2024
A real estate report published by Florida Atlantic University reveals that rental markets in most major Florida cities are stabilizing, with many areas offering rents at or below long-term trends, although South Florida remains an outlier with the highest rent...
by Caden DeLisa | May 23, 2024
Florida’s housing market experienced growth in April, with increases in closed sales, median prices, and inventory, although high mortgage interest rates and regional variances present mixed implications for buyers and sellers. Florida’s housing market saw...
by Caden DeLisa | Apr 18, 2024
Home prices in Miami and Tampa have doubled since 2018 due to strong investor interest and urban development, significantly enhancing property wealth but exacerbating the housing affordability crisis for middle-income families. Home prices in Miami and Tampa have...
