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South Florida Real Estate Blog

Category: Market Updates

Miami Real Estate Agents and Developers Increasingly Targeting Domestic and Canadian Buyers

March 24, 2017

Over the past year, Miami real estate professionals and developers have focused on targeting Canadians and Americans as buyers for high-end condo projects, as South Americans remain largely on the sidelines due to falling exchange rates. 

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South Florida Ranked as One of the Top Buyer's Markets in the Country

February 14, 2017

The South Florida area ranked as the second-best buyer's market in the U.S., according to a recent report by Zillow. Currently, 11.5 percent of listings have a price cut, and homes are spending 108 days on the market. Baltimore was the only city to best the Miami area. San Francisco ranked as the top seller's market in the country. 

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Russians Searched the Most for Miami Real Estate During Election Month

January 31, 2017

Russians topped the list of countries searching for Miami real estate online for the first time ever in November. Colombia, Venezuela and Argentina followed Russia, with Canada dropping from the top spot to number 5. 

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Douglas Elliman Fourth Quarter 2016 South Florida Market Reports Released

January 25, 2017

Douglas Elliman recently released the fourth quarter 2016 South Florida market reports covering the Miami Beach, Miami, Fort Lauderdale, Boca Raton, Delray Beach, Welligtion, Palm Beach and Jupiter/Palm Beach Gardens real estate markets. The reports are produced in conjunction with Samuel Miller and serve as an indispensable reference source for home buyers and sellers, the media, financial institutions, government agencies and other market professionals. The reports include an analysis of price trends, sales trends and other metrics to give readers an idea of current real estate conditions, along with historical and emerging market trends.

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Canadians Now Search the Most for Miami Real Estate

January 6, 2017

Canada took the lead from Colombia as the top foreign country searching for property in Miami. In October, Canada registered the most searches for Miami real estate for only the second time since November 2013. It seems our northern neighbors are seeking a refuge from the cold! Brazil, once the top spot, fell to number 5, while India jumped from the 6th spot to number 3. 

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South Florida Real Estate Markets Improved in August

September 30, 2016

Good news for sellers! The Miami and Fort Lauderdale real estate markets rebounded in August. Existing home sales in Miami-Dade County and Broward County were much stronger than the previous month's sales. 

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Miami Real Estate Developers Appeal to Chinese Buyers

August 26, 2016

A group of top Chinese real estate brokers recently toured some of South Florida's most prestigious new luxury condo developments. In the past, Chinese buyers have largely been attracted to San Francisco and New York, but South Florida developers are bidding to add Miami to that list. 

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Federal Tracking of Secret Homebuyers Expands to Broward and Palm Beach Counties

July 28, 2016

On Wednesday, the U.S. Treasury Department's Federal Crime Enforcement Network announced plans to expand the tracking of secretive luxury homebuyers to Broward and Palm Beach counties. The announcement came near the end of the original trial period for "Global Targeting Orders", which requires title insurers to discover and submit the names behind all-cash real estate transactions in excess of 1 million dollars.

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