Category Archives: Miami

Stress from Abroad Causes Miami to Look Inward

Strong Florida job growth is attracting new residents from across the country. Florida added over 350,000 residents in 2015. The state’s Governor, Rick Scott, is making headlines for his courting of companies from across the country, and even universities, to … Continue reading

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Miami Growth Changes Tempo

The Miami metro area set a record for single-family home sales in 2015. Palm Beach and Broward counties both saw single-family home sales up more than twelve percent from 2014’s already good numbers. Miami-Dade County was up three percent from … Continue reading

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Miami Growth to Shift as Market Steadies

Miami is on pace to set a record for single-family home sales in 2015, besting last year’s record. The National Association of Realtors reports that condominium and single-family existing home sales for 2015Q3 were up over last year, and median … Continue reading

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Miami Still Bringing the Heat

Real estate remains headline news for the Miami area. Miami Worldcenter, a $2 billion development, will soon break ground despite legal challenges. Mixed-use Brickell City Centre, at just over $1 billion, will see the completions of office and living spaces … Continue reading

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Miami Real Estate Heats Up

Miami area real estate prices shows no sign of relenting. Commercial spaces in Brickell are seeing record sales prices, and home price growth in the area has exceeded eight percent in year-over-year gains since October 2012. The $2 billion mega-development, … Continue reading

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Miami Set for Growth

Miami saw a record year for real estate in 2014. Single-family home sales saw their highest number ever recorded on an annual basis, while condos sold the second-highest number on record. Miami consumers are feeling confident and are aware of … Continue reading

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High-End Real Estate Development Boosts Miami

Real estate markets are gathering momentum in the Miami Metropolitan Statistical Area. Home prices in Miami continue to outpace the national average, with strong double-digit gains: the Case-Shiller Index for the city shows an almost 18 percent increase in home … Continue reading

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Miami Economy Continues to Strengthen

The Miami MSA labor market kept trucking along, building momentum in the first half of 2014. Miami added around 40,000 payroll jobs in the first two quarters of this year. We expect area employment to continue improving for the remainder … Continue reading

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Miami Benefits from the Cold Winter and Improving Economic Outlook

Snowbirds flocked to Miami’s beautiful beaches in order to thaw out from this winter’s unusually cold weather. Miami’s warm weather drew in more domestic tourism in the first part of 2014, with total domestic passenger deplanements at Miami International Airport … Continue reading

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Miami’s Road to Recovery

The Miami metro area was pummeled by the Great Recession. The area’s economy bled jobs for 23 consecutive months. Home prices and housing markets were hammered. Bankruptcies jumped, while incomes and consumer spending slumped. Seven years after the beginning of … Continue reading

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