A tale of two markets: South Florida home sales up, condos fall

Lower Manhattan is tale of two markets: Rental demand is up as sales slow. FiDi and Battery Park City’s resi sales prices and activity fell in Q3

With credit tightening and real estate prices citywide plateauing or starting to fall, one phrase encapsulates the beginnings of a possible cool-down in the once white-hot long island city condo.

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Home prices increased in most categories.. A tale of two markets: South Florida home sales up, condos fall. Email. Share. Share. Tweet.

Housing analysts are positive about the strength of the South Florida real estate market; however, the current trend seems to suggest that the South Florida real estate market is experiencing a fall off. Notwithstanding the concerted diminishing of home sales rate, median prices continue to gain upward momentum.

In Dubai, prices continue to fall, creating a golden opportunity for investors to snag a flashy new home. the luxury market in Miami-Dade County, Florida, rebounded significantly in July, up 15%.

Amid a continuing oversupply of inventory and shrinking buyer pool, Miami’s luxury home sellers are issuing increasingly substantial price reductions to move their properties, The Real Deal. points.

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In the starter and trade-up home categories, there were significantly more buyers than there were homes for sale, causing a seller’s market. In the premium, or luxury, home categories, the opposite was true as there was a surplus of these homes compared to the buyers that were out searching for their dream homes, which created a buyer’s market.

Why 50 Million Chinese Homes are Empty While industrial real estate might not share the glamour of high-rise offices and condos, warehouses and distribution centers play a huge part in the expansion of a region’s economy. In South.

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A tale of two markets: South Florida home sales up, condos fall basic information date of placement He loves South Florida’s safe, luxurious lifestyle – and doesn’t look back. "It’s the possibility of living on the beach," said Verdiquio, 38, who lives at Trump Tower with his wife and two.

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A Tale of Two Housing Markets.. "In the 20 years that I have been in South Florida real estate, I have never seen a greater divide between those who have and those who have not," says Peter.

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