Cost of ownership and “too crowded with people” are the top two reasons why Miami homeowners are selling their property and moving to places where cost of ownership is less expensive, or the lifestyle is more relaxed.
Home Prices Up 7.5%, Fueled by Low Inventory
June 2023 compared to June 2022, home prices are up 7.5% This is mainly due to low inventory available for sale.
Demand For Housing Continues to Outpace Supply, Prices Up 8%
Demand for housing in Miami Florida continues to outpace supply. May 2023 compared to May 2022; home prices are up 8%. And the reason why? Low inventory.
Miami Home Prices Up 6%, Lower Inventory
Miami Home Prices Up 6% In April 2023 compared to April 2022.
Available Homes for Sale Jump 63% Compared to Last Year
Real estate market statistics as of February 2023. Prices are up 3.5%. Homes are taking 3 to 4 months to sell. And there are 63% more properties for sale compared to last year.
Repairs for Selling Your Property Vs Repairs for Renting It
Repairs for selling your property differ completely versus if you were going to rent it. And what to do, or what not to do, in each situation can put thousands of dollars in your pocket.
