In October 2023, South Florida buyers are receiving some relief as mortgage rates have risen but home prices in Miami-Dade County have dropped for the third consecutive month. Single-family house prices decreased from $620K in August to $600K in September, while condo prices dropped from $416K to $415K. Despite the monthly price deflation, the cost of entry into the South Florida housing market is still higher than a year ago. Total home sales in Miami-Dade declined in September, while sales volume in Broward County grew.
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,

