South Florida's housing market shows contrasting trends. While single-family home sales are increasing, the condo market is slowing due to rising inventory and declining demand. Closed condo sales fell between 2.4% and 7% across Miami-Dade, Broward, and Palm Beach counties, with inventory doubling in July. Despite longer selling times, condos are still selling for about 94% of their asking price. In contrast, single-family home prices are rising, with Miami-Dade seeing a 10% increase. Overall, the market is adjusting to new regulations and changing buyer dynamics.
Understanding Florida’s Homestead Exemption: A Guide for New Homebuyers in Miami-Dade and Broward
Buying a new home is an exciting milestone, but it comes with its own set of financial considerations. For residents in Miami-Dade and Broward counties,
August 10, 2026
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