Miami Real Estate Market Update

Miami's real estate market is experiencing notable shifts, with recent trends indicating a cooling period after years of rapid growth. Factors such as rising mortgage rates, increased insurance premiums, and a slowdown in migration are contributing to a decrease in buyer demand. As a result, certain areas in Miami are witnessing price adjustments and longer listing times. Experts suggest that while the market is stabilizing, it remains resilient due to limited housing inventory and continued interest from out-of-state buyers. For more information click here.