Miami Real Estate Continues Strong Momentum in 3Q

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Single-family home sales in South Florida picked up as the school year began in August, but condo and town home sales suffered a double-digit decline. The Florida Realtors reported that 3,952.

sustaining momentum. The indicators of a housing recovery are both plentiful and nationwide. According to the most recent Fiserv Case-Shiller data, the real estate market during the spring and summer.

Miami Total Active Listings Rise in 3Q Seller confidence in Miami’s housing market continued to expand in the third quarter. Miami real estate had 17,837 active listings in the third quarter, a 2.0 percent increase from the 17,480 listings at the same time last year.

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Overall, real estate loan originations account for 38% of total lending volume in the first half of the year, up slightly from the 37% it accounted for over the same period in 2005. Although the housing market is slowing, national mortgage origination volume continues to be strong compared to historical trends.

‘While demand for Miami real estate continues to generate price appreciation, we are experiencing more moderate growth,’ said Liza Mendez, chairman of the board of the Miami Association of Realtors. ‘As more home owners are listing their homes for sales, we are seeing a more balanced market that is good for both buyers and sellers.

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Miami, FL (PRWEB) November 13, 2014 The performance of the miami real estate market remains consistent with record activity in 2013 due to strong demand despite increased existing and new construction supply, according to the 34,000-member MIAMI Association of REALTORS and the local Multiple Listing Service (MLS) systems.

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Miami real estate market continues to be popular with US and overseas buyers The Miami real estate market, one of the most popular in the nation with international and domestic buyers, continued to gain momentum in March with sales growing strongly.

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