Miami Condo Market and Lifestyle Updates
Housing Prices on the Rise in South Florida

Housing Prices on the Rise in South Florida

by Sep Niakan | February 18, 2014

Housing prices are on the rise in South Florida. According to a recent report, housing prices saw a spike of 16.5% in November compared to just one year ago.

These figures represent the 22nd consecutive month that Miami-Dade, Broward, and Palm Beach counties have experienced a year-over-year increase in house prices. As part of a nationwide study, 20 metro areas were tracked. The highest jump occurred in Las Vegas, where housing prices increased by 27.3%.

It should be noted that the index upon which the report was based, the Standard & Poor's/Case-Shiller index, does not include gains in prices for condominiums.

 

Source: sun-sentinel.com

Recent posts

Real Estate News

Where to Find the Lowest Property Taxes in Miami?

by Sep Niakan | September 24, 2017

Most people don’t particularly love talking about property taxes. When looking for a home, buyers focus on more enjoyable aspects, like the layout, color scheme, size of the backyard, or the kitchen upgrades. Still, buyers have to pay...

Real Estate News

Miami’s New and Pre-Construction Condo Update: August 2017

by Sep Niakan | September 17, 2017

August comes up with quite some movement for the preconstruction condo market in Miami. We have Aston Martin Residences gearing up for a fall groundbreaking, Canvas and The Harbour successfully topped off, 1010 Brickell got its ok to open and...

Opinions and Advice

Back to school

by Sep Niakan | August 29, 2017

Septembers can be a sobering time for most as we say goodbye to summertime frolic. Kids are either back to school or are gearing up for it. Parents are busy running around, trying to get everything and every kid organized. It’s back to the...

Opinions and Advice

4 Property Tax Savings and Benefits when Buying Property in Florida

by Sep Niakan | August 29, 2017

For most people, paying taxes equals one big headache. In Florida, knowing your tax laws is worth the pain. Being a Florida resident, you can gain from many tax-saving programs. You can also find affordable real estate in big cities like Miami....