Real Estate Market South Florida May 2021- South Florida Trends Real Estate

Real Estate Market South Florida May 2021- South Florida Trends Real Estate. How is the real estate market in Florida? And, more specifically, how is the real estate market in South Florida? Is there still a buying frenzy or the market is cooling off?

Watch this video to find out what the Real Estate Market Reports for May 2021 reveal. The market statistics for South Florida are provided by our local MLS and Miami Board of Realtors.

Your monthly dose of South Florida real estate market news in a nutshell: inventory is still crazy low, demand is high, as bidding wars are part of the process, paying above listing price and removing contract contingencies are the new normal. This is the strongest sellers’ market we have seen in a long time. Most people who talked to me about listing their home are amazed just how much equity they have.

Chapters
00:00 Intro-Real estate market SE Florida May 2021
00:20 Market characteristics: Sellers’ Market, Shortage of Inventory, Bidding Wars
00:30 Market trends review: Vacation destinations-Florida taking the lead
00:50 Fast moving Sellers’ market and home sellers’ changed expectations
01:50 Review of Buyers trends
03:18 Real estate market stats Miami Dade county Florida
03:57 Real estate market stats Broward county Florida
04:30 Real estate market stats Palm Beach county Florida
05:05 Real Estate South Florida Kate Smith Group Assisting Sellers and Buyers in the Tri-County
05:43 Real Estate SE Florida contact Kate Smith with Kate Smith Group

Current market trends 👇
➡Bidding wars
➡ Seller’s Market
➡ Shortage of Inventory (Available Homes)
➡ Vacation homes sales in South Florida are going strong

If you are considering downsizing and planning on selling your home in Miami-Dade, Broward and Palm Beach counties, know this: there are 2 times in real estate: Now and Too Late. Right now, the time has never been better. Not just for the home sellers, but for the home buyers as well.
📞C:786.412.8510 | 📧kate.smithfl@gmail.com | https://www.realtorkatesmith.com
Kate Smith | Kate Smith Group | EXP Realty | Hollywood FL
https://instacard.info/Kate-Smith
🎥 BINGE WATCH THESE VIDEOS NEXT: ➡ find the answers to your home buying or home-selling questions:
👉 Why choose a second home/ vacation home? 👉 https://youtu.be/RaSybrQSRag
👉 Move-Up Home or Second Home? 👉 https://youtu.be/4HcOlrT34m4
👉 Selling A House Fix Up Your Home Or Sell As Is? 👉 https://youtu.be/tKEiN9p5BtE