Southeast Florida Home Sales to Rebound in 2026 as Mortgage Rates Hit 6% 

  By Gay Cororaton, Chief Economist, MIAMI Realtors®   Key Takeaways Mortgage rates are likely to stabilize at 6% in 2026 from 6.7% in 2025. Single-family sales are likely to rebound 5% in 2026 while single-family home sales prices will increase at stronger pace of 3.4% as inventory tightens to 5.1 months’ supply. The million-dollar […]

Miami-Dade: Ranked No. 1 in the U.S. in Jobs Growth 

  By Gay Cororaton, MIAMI REALTORS Chief Economist   Miami-Dade County had the highest employment growth in 2025 Q1 among the nation’s 10 largest counties, according to the latest US Bureau of Labor Statistics Quarterly Census of Employment and Wages. Employment rose 1.5% in Miami-Dade County, outpacing the 0.4% year-over-year increase nationally.   Read the […]

Southeast Florida Distressed Sales Remain at Historic Lows 

  By Gay Cororaton, MIAMI REALTORS Chief Economist   The low level of distressed sales is arguably the most telling indicator that today’s housing market is nowhere like that of the Great Recession. Download report HERE. Sales of foreclosed homes and short sales (“distressed sales”) during January-July 2025 in the counties of Southeast Florida fell […]

Bright MLS, FMLS and MIAMI REALTORS® Sharing Reciprocal MLS Access Among 220,000+ Realtors

(North Bethesda, Md., Atlanta, Miami) Aug. 27, 2025 — Bright MLS, First Multiple Listing Service (FMLS), and the MIAMI Association of REALTORS® (MIAMI) today announced an expansion of their collaboration to give real estate professionals seamless search access across a significantly larger geographic footprint. FMLS and MIAMI REALTORS® have had an existing partnership that enables […]

Southeast Florida Single-Family Inventory at a Healthy 6 Months Supply 

  By Gay Cororaton, MIAMI REALTORS Chief Economist In July 2025, active inventory of single-family home rose to 6 to 7 months’ supply reflecting a healthy balance of demand and supply: Miami-Dade County (6.6 months’ supply), Broward County (6.0), Palm Beach County (5.5), Martin County (5.6), and St. Lucie County (5.7). The active inventory of […]

Miami-Dade: Most Multifamily Units Under Construction in the U.S. 

  By Gay Cororaton, MIAMI REALTORS Chief Economist       Key Takeaways Miami-Dade market area is undergoing the most intense construction activity among 90 major markets, adding 18% to existing inventory. The city of Miami accounts for 40% of ongoing multifamily construction in the Tri-County area. Multifamily asking rent rose 1.5% in the Miami MSA […]

Colombia Leads All Countries in Searching for Miami Real Estate

MIAMI — Colombia again registered the most global web searches for South Florida real estate in June 2025, according to a new report by the MIAMI Association of REALTORS® (MIAMI).   Colombia has now finished in the top two countries searching Miami real estate in each of the last 39 months (three-plus years).   “When […]