South Florida Real Estate Market | Commercial and Residential Reports August 2021

South Florida Real Estate Market | Commercial and Residential Reports August 2021

South Florida Commercial Real Estate in the Rankings Nationally
🏆#1 in the US for the number of Relocating Software & IT Workers- Miami-Ft. Lauderdale
🏆#1 Tech Job Growth in Q2 2021
🏆#2 Emerging Technology HUB in the US
🏆#2 Best Multifamily Market in the US 2021
🏆#2 Office Market in the US
🏆#2 Best Business Climate-Broward County
🏆#2 Best State for Business- 🏆Florida
🏆#3 Best Place to Work Remotely in US

TOP in:
➡Top 2 in the World for Standalone Institutes for Biomedical Research – Palm Beaches
➡3 of 30 Best Hotels in the US are located here
➡America’s Top 10 Commercial Office Markets of 2021- of the top 10, three are in Florida.

Residential real estate market trends for South Florida, Miami -Dade, Broward and Palm Beach counties:

#1 Housing inventory – continues to decline:
Miami single family homes- down by 27.4% | Condos- down by 42%
Broward single family homes- down by 32.5% | Condos- down by 51%
Palm Beach single family homes- down by 44% | Condos- down by 60%

#2 Median Sales Price – continues to go up
Miami SFH- up by 20% | Condos- up by 26%
Broward SFH- up by 19% | Condos- up by 10%
Palm Beach SFH- up by 20% | Condos- up by 8%

2 Questions for you:
➡Is your living room more like a storage room than a place to gather with friends?
➡Is buying a home this year on your bucket list and you need help finding and buying that “House of the future” today?
✋We can help. Whether it’s your first home, an investment property, or you’re up-sizing/ down-sizing for retirement, my team and I bring passion and dedication to every aspect of our business and to the communities where we live and work.Call, text or email 📳📧 me and let's talk! I will share with you the best strategies we recommend our buyers to use when purchasing their home, or you might find this playlist I put together helpful 👉 https://bitly.com/YT-HomeBuying
📞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