Florida sellers are making adjustments this fall as homes spend longer on the market. As of Oct. 3, 44% of active single-family listings in the state show a price cut, according to HW Data. The median markdown is 4%, reflecting seller efforts to meet buyers in a slower, higher-cost market. Prices and inventory Florida has […]
Florida homes take longer to sell as price cuts rise Read More »
New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of
Miami luxury home prices soar to $1.13 million, nearly triple national average Read More »
The U.S. housing market is telling two very different stories as pandemic-era boomtowns are cooling rapidly while the Sun Belt’s long-term growth outlook remains strong, according to John Burns Research & Consulting. A surge in available homes is reshaping the market in regions that saw the fastest growth during the COVID-19 pandemic. Nationally, the number
Sun Belt holds long-term housing edge even as pandemic boomtowns struggle Read More »