Category: Uncategorized

Miami residents are facing significant financial strain, with over 75% reporting difficulty covering household expenses. The area has the highest rate of cost-burdened renters in the U.S., with nearly 60% spending over 30% of their income on housing. Rising rents, driven by an influx of high-income earners, have led to a 21% increase in average…

Predictions for the Miami real estate market in 2025 indicate significant growth, with median home prices expected to rise by 6.5%, and single-family homes by 9.7%. Mortgage rates may drop to around 5%, enhancing affordability. The luxury condo market is thriving, particularly for properties over $1 million, which have surged by 122.2% since pre-pandemic levels.…

Last month, the Fed cut interest rates, benefiting prospective homeowners after years of hikes. Realtor.com suggests that the best time to buy a house this year is from September 29th to October 5th, as market demand drops by 30%, leading to lower prices and less pressure on buyers. This period allows for more thoughtful decision-making,…

Miami's office market shows strong performance, with 2.8 million square feet under construction, significantly above the national average. The city ranks third nationally for office-to-residential conversion potential at 16.1%. Year-to-date, 29 properties totaling 1.7 million square feet traded for $588 million, a 93.8% increase from last year. The average price per square foot is $354,…

La Reserva Federal ha reducido las tasas de interés por primera vez en cuatro años, disminuyendo la tasa clave en medio punto porcentual a un rango objetivo de 4.75% a 5%. Esta decisión tiene como objetivo mantener la estabilidad económica a pesar de ligeros aumentos en el desempleo y la desaceleración del crecimiento del empleo.…