The top ten weekly condo sales in Miami-Dade County ranged from $1.2M to $7.6M. Two $7.6 million closings at Grove at Grand Bay and One Thousand Museum tied and topped the weekly sales list. CLICK ON THE HEADLINE FOR MORE
With Miami\’s fintech expansion and stature as the No. 1 U.S. destination for global homebuyers, demand is driving the real estate market and the lack of housing supply continues to fuel property appreciation and record sales, CLICK ON THE HEADLINE FOR MORE
With pent-up demand, more U.S. individuals and companies moving to South Florida, and record-low mortgage rates fueled transactions, Q2 2021 set a record for the most total home sales for Miami-Dade County real estate.
As the inventory of single-family homes shrunk considerably, out-of-state buyers turned their attention to the extraordinary pool of Miami condominiums on the market, and the numbers indicate growing momentum in the opening weeks of 2021. For some of the factors driving this trend, CLICK ON THE HEADLINE
Some records are being broken, according to newly released data from the Florida Association of Realtors, with closed sales increasing 17.9% and prices up 7.9% compared to the year before. CLICK ON THE HEADLINE FOR MORE
Brazilians were responsible for 12 percent of all foreign purchases in South Florida last year, followed by Colombians and Venezuelans (11 percent each), Argentinians and Canadians (8 percent each), and Mexican, French, and Italian buyers CLICK ON THE HEADLINE FOR MORE
