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All of these are evident in South Florida’s current housing market. “South Florida is experiencing a housing bubble,” Alyssa Soto Brody, a real estate broker and co-founder of Miami- and New ...
Across the South, closed sales declined 4.1% over the past month and 14.6% over the past year, reflecting the effects of low inventory and the highest mortgage rates in a generation, National ...
South Florida’s housing market defies even national trends. The number of single-family homes and condos fell by close to 2% nationwide, according to the National Association of Realtors.
Meanwhile, a separate Redfin analysis, also from this month, said “housing markets in western Florida are cooling faster than anywhere else in the country as natural disasters intensify, new ...
Florida land boom of the 1920s. 1922 Florida billboard promoting the sale of lots. The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards . This pioneering era of Florida land speculation lasted from 1924 to 1926 ...
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
Real estate trends. A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental ...
July 1, 2024 at 5:04 AM. The Treasure Coast real estate market in May saw more homes listed, more homes sold, a stagnant or decreased median sale price and longer to get a signed contract compared ...