Housing real estate market report September 2020 | Real estate market in SE Florida

Housing real estate market report September 2020 | Real estate market in SE Florida. The most frequently asked questions today are: How is the real estate market today? How is the real estate market in SE Florida? The housing real estate market is the second hottest topic after the topic of the elections discussed today. So, how is the housing real estate market today?

CHAPTERS:
00:00 Intro-How is the real estate market?
01:00 What are the 2 real estate market trends today?
01:45 How is the luxury real estate market?
02:30 How the 2 real estate trends are reflected in SE Florida?
02:58 Miami Dade Real Estate Market September 2020
04:00 Broward County Real Estate Market September 2020
05:17 Palm Beach County Real Estate Market September 2020
06:30 Real Estate SE Florida contact Kate Smith Group
06:43 Realtor Kate Smith contact information

In brief: there are 2 interesting real estate trends we see today across the US:
➡Trend 1: Settling in vacation home destinations. People settling in vacation home destinations has become a strong trend this year and expected to continue. In the third quarter, luxury home sales jumped 41.5%, the biggest year-over-year shift since 2013, according to Redfin.
➡Trend 2: Move-up Buyers. With the “Stay at home” orders, emerges the need for more space, interior and exterior. With the “Stay at home” orders, emerges the need for more space, interior and exterior. The buyers today are looking for larger homes, with a designated home office and more outdoor space.
How do these trends apply to our local SE Florida real estate markets: Miami Dade, Broward and Palm Beach counties? Here are the main highlights
➡Miami- Dade real estate market for September 2020 -Single family homes- seller’s market; condominiums- buyer’s market; Median Sales Price: single family homes: $435,000 | condos: $265,000. Price increase: single family homes prices increased 15.2%; condos increased 8.2%
➡Broward County housing real estate market for September 2020: Single family homes- seller’s market; condominiums- balanced market; Median Sales Price: single family homes:$425,000 | condos: $190,000. Price increase: single family homes prices increased 15.6%; condos 11.8%
➡Palm Beach County real estate market September 2020: Single family homes- seller’s market; condominiums- seller’s market; Median Sales Price: single family homes:$400,000 | condos: $206,250 Price increase -single family homes prices increased 12.7%%; condos 9.4%
For those of you that have real estate on your mind, and are are thinking of buying a home in SE Florida or, considering of selling one I would love to have a conversation with you.
Let's talk! 📞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

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