Fall is right around the corner! Inventory is going up and h
ome prices dipped in for the first time in Miami-Dade County since fall of 2021, providing a silver lining for buyers trying to catch a break in an ultra-competitive housing market.
The housing market conditions down here in South Florida remain strong and we will touch on that a little bit more in depth with this newsletter. Below, you’ll find the most important real estate news, market insights and trends, and available listings curated just for you.
I look forward to hearing from all of you. I hope everyone is having fun and staying safe wherever you are!
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Talks of a housing market slowdown are rampant, with mortgage rates up and recession talk in the air. In most parts of the country, people just aren’t clamoring as much to buy homes these days.
Miami, though, appears to be a different story.
While demand has waned slightly in Florida’s biggest city, real estate pros say the market is weakening at a much slower pace than other markets seem to be. In fact, according to Realtor.com, Miami just notched the highest year-over-year price jump in the entire country.
“The Miami real estate market is showing some signs of cooling — though it’s important to underscore that this is happening to a lesser degree than in other markets,” says Claudia Cobreiro, a real estate attorney and founder of Cobreiro Law and Top Notch Title.
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Miami-Dade County Closed Sales
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Broward County Closed Sales
July 2022
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From the visionaries behind the Ritz-Carlton Pompano
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Welcome to Compass Curated, a collection
of our most prestigious properties across the country, delivered to your inbox each month.
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The David Berger Team in partnership with The Probst Group has teamed up with Everything Concierge, a property management and service provision company, specialized in residential properties in the South of Florida. With a specialty in vacation homes, residential homes, and rental properties our clients can have the peace of mind that their investment or vacation home is professionally managed and performing at an optimal level. Ask us more about this unique service!
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It Starts with Hello! Get in touch today.
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907 Northeast 16th Avenue
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900 Brickell Key Boulevard, Unit 1805
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3131 Northeast 7th Avenue, Unit 306
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1801 Northeast 13th Street, Unit 1809
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© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC
Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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