Miami Market Softens After Years of Rapid Growth

The U.S. housing market is cooling after years of rapid price growth, offering more balanced conditions for buyers and sellers.
Mortgage rates have dipped slightly, making homes more accessible to potential buyers nationwide.
Economic uncertainty is keeping some buyers cautious, even as affordability improves.
Miami’s housing market is experiencing a softening trend, particularly in high-demand areas.
Some sellers may see longer times on market and need competitive pricing strategies.