Miami real estate

Miami Florida area real estate market trends and activity.  We monitor the sale prices, inventory, transaction volume and distressed real estate market.

Leading indicators

Leading indicators show that the housing market may finally be slowing.  It started in California, which usually leads the remainder of the country when it comes to real estate.  As for the latest South Florida numbers, there were some noticeable gains in single-family home prices, and a slight decline in condo prices.   The average sale price […]

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Going vertical

The chart of foreclosure filings in Miami is going vertical.  For the past several years we have seen condo towers going vertical across the city skyline without any concern for poor fundamentals in the residential real estate market.  Ten years after the last housing crash and South Florida appears to have some  issues piling-up once […]

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Lofty numbers all around

Real estate prices remain lofty in South Florida as we move into the summer months.  The spring is usually an active season for transactions and prices are still holding up for now.  The average sale price of a single-family home in South Florida was down slightly to $521,886 and the average sale price of a […]

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Real estate speculation is a risky business

Real estate speculation is a a risky business.  Markets lose liquidity very quickly once rates increase and transaction volume starts to decline.  Ignoring some of these warnings will prove costly for some in this cycle, just like it did in the last one.  Take a look at this chart of transaction volume and you will […]

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Hot in the city

Summer is here and it’s getting hot South Florida.  Every few weeks we like to update the average sale prices, transaction volume, inventories and foreclosure activity.  Today we will provide a snapshot of the Miami, Florida residential market in comparison to it’s neighbors down here. House prices remain hot (in Miami) House prices in South […]

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Line in the sand

The South Florida condo market appears to be crossing a crucial line in the sand.  During the month of February, the number of condos listed for sale reached 31,137.  That surpassed the recent high of 31,055 condos listed for sale in February of 2017.  Prior to that, we have to look back to June of […]

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Transaction volume continues to slide in the Fort Lauderdale residential real estate market. Has the latest rally fizzled?

It is always important to look at the monthly data points in a chart rather than comparing year over year numbers.  Various trade groups will provide just the annual percentage increases or decreases, carefully omitting important data points to protect their positive “spin”.  In the month of November, the number of traditional single-family home sales […]

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The slow leak continues in South Florida residential real estate prices

Maybe you didn’t hear the latest housing bubble pop, but we have a few charts that will show how the slow leak continues to deflate prices in South Florida residential real estate.  First, let’s take a look at the average selling price of houses and condo properties in the tri-county area of Miami-Dade, Broward and […]

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Considering buying a residential investment property ? Here are a few tips on successful renovation projects.

There has been a popular trend in buying, renovating and either flipping or renting residential real estate since the the last housing crash.   Real estate investing is risky business.  If the property is purchased right, you may be able to flip it for a quick profit.  If you either decide to hold it (or get stuck […]

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  • Allied Realty Group, Inc
    2550 North Federal Highway
    Suite 200
    Fort Lauderdale, FL 33305

    Phone: 954-586-8400
    Fax: 954-586-8410
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