Tag Archives: home prices

Pick your poison

When it comes to the current housing and mortgage market, I guess you have to pick your poison.  If rates move lower, there is a very good chance that the economy is slowing and the housing market will struggle.  If rates move higher, the economy may be stronger, but the higher rates will hurt the […]

Posted in Market Insight, Mortgage rates | Also tagged , , | Comments closed

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 […]

Posted in Foreclosure activity, Market Insight, Miami foreclosures, Miami real estate | Also tagged , , | Comments closed

Pump it up

Pump it up!  Memorial Day weekend is here and it’s time to kick back, relax and look at a few charts of the South Florida residential real estate market. Today we will look at the average sale prices, transaction volume, mortgage rates and foreclosure filings. Pump up the prices The April existing home sales data […]

Posted in Condo market, Market Insight, Single-family homes, South Florida Real Estate | Also tagged , , , | Comments closed

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 […]

Posted in Market Insight, Miami real estate, South Florida Real Estate | Also tagged , , | Comments closed

Picked off running the bases

If you aren’t careful, you will get picked off while running the bases playing baseball.  Sometimes the game gets a little sleepy and the payers and fans drift away and stop paying attention.  The past decade of federal reserve accommodation in the form of low rates has removed most of the challenges from the real […]

Posted in Investment Property, Market Insight, Mortgage rates, South Florida Real Estate | Also tagged , , , | Comments closed

Winds of change

Winds of change are blowing through the South Florida residential real estate market.  As we move through 2018 it appears that transaction volume is declining.  After several months of slower sales volume, you will typically start to see price declines.  Local real estate agents are usually slow to see the change in the market and […]

Posted in Market Insight, Property Renovations, South Florida Real Estate | Also tagged , , , , , , | Comments closed

Are recent sales declines in South Florida storm related or something more?

South Florida residential sales have been on the decline in the past few months, so it may be difficult to blame the storms.   Although transaction volume declined sharply in September, it appears that cracks in the market started in July.  One month does not make a trend, but three months may be an indicator of […]

Posted in Market Insight, South Florida Real Estate | Also tagged , , , , | Leave a comment

Climbing the wall of worry

Party on!  It looks like prices keep climbing in the South Florida residential real estate market, at least through the month of June.   Historically that month has been strong for sales volume and prices, so once we get into the next few months, we should have a better indication if this freight train plans […]

Posted in Foreclosure activity, Market Insight, South Florida Real Estate | Also tagged , , , | Leave a comment

Plotting the next move

When will it be time to begin plotting your next move?  It sure seems like real estate markets have been defying all logic and the charts have showed some resilience so far throughout 2017.  At some point the rally across all asset classes will run out of steam, whether we see it first in stocks, […]

Posted in Market Insight, South Florida Real Estate | Also tagged , , , , | Leave a comment

Pops & drops

Real estate data has a tendency to be seasonal and from the looks of this latest batch, we are right on track again in South Florida.  Today we will take a look at the “pop” in transaction volume last month, along with price trends, foreclosure filings and distressed sales. A seasonal “pop” in deal volume […]

Posted in Foreclosure activity, Market Insight, South Florida Real Estate | Also tagged , , | Leave a comment
  • Meet the Broker
  • Commercial Listings
  • Residential Listings
  • Allied Realty Group, Inc
    2550 North Federal Highway
    Suite 200
    Fort Lauderdale, FL 33305

    Phone: 954-586-8400
    Fax: 954-586-8410
    Email: Contact Us
  • Skyscrapers
%d bloggers like this: