Douglas Elliman executive director of sales Dina Goldentayer discusses Southern Florida's thriving housing market as U.S. existing home sales continue to slow.
A 'Mornings with Maria' panel discusses how Florida's newest safety requirements for high-rise condos and apartments will impact homeowners.
"Inventory is still quite limited. You know, a year ago, if I had a buyer fly in, we may be able to see five to eight homes. Now, I could see I could show that same buyer eight to 12 homes. But the"And there's far from an oversupply in the sectors of the marketplace where there is more inventory. Naturally, you're going to see more leverage for buyers out there."
According to a new paper done by Goldman Sachs researchers, the Miami metropolitan area is expected to be one of the two housing markets to see price increases in 2023. An additional factor that is fueling Florida's housing market is the surge in international buyers. Goldentayer shared that many international buyers have come from all around the world to get a piece of the Sunshine State – however, the "bread and butter" for the Miami marketplace remains
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