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Miami Real Estate Continues Strong Momentum in 3Q

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Despite some laggards, many U.S. metro housing markets are quite strong in 2017. Overall U.S. real estate sector remains firm with continued housing price strength. Low mortgage rates will.

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 · In 2017 Americans learned to expect the unexpected. This was true in politics, weather and housing. Here are the factors experts are watching.

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Miami Real Estate Continues Strong Momentum in 3Q Share Article Miami-Dade County real estate posted a robust third quarter as total residential sales, single-family home transactions, existing condo transactions and median prices grew compared to the same period in 2014, according to a new report by the 40,000-member MIAMI Association of REALTORS (MIAMI).

According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 3.89 percent for 3Q 2017, higher than the 3.45 percent average recorded during the same quarter a year earlier. Hottest Miami-Dade Neighborhoods in 3Q 2017 Months’ supply of inventory is a strong indicator of real estate activity.

8 Insights on South Florida’s Commercial Real Estate Market for 2018 Cushman & Wakefield Florida March 1, 2018 South Florida The South Florida market experienced stellar economic growth in 2017 with unemployment in the Tri-County area falling to 4.1 percent at year end, down 70 basis points year-over-year.

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The UBS Swiss Real Estate Bubble Index nudged down in 2Q 2016 to 1.32 points and thus remains in the risk zone. This second drop in a row was due to house prices falling in real terms and the declining momentum of mortgage growth. Investments in real estate remain popular due to low interest rates. Real Estate Bubble Index continues falling