Miami Real Estate News. Useful Analysis, Economics and Reports. David Siddons Group (2024)

Table of Contents
Miami Real Estate News Our Miami Real Estate News Content Browsing Trends on Miami Real Estate News Market Trends and Analysis How we break down Miami Real Estate News The best of all within Miami Real Estate News Best Miami Luxury Condos Relocating to Miami Private Schools Investing within Miami Real Estate News Gated Communities within Miami Real Estate News Waterfront Communities Luxury Homes and Luxury Condos New Construction Condos Mercedes Benz Places Miami | A Unique New Project or Just Another Car-Branded Condo? The 9 Fort Lauderdale Real Estate Predictions and Warnings for 2024 2024 Miami Real Estate Predictions and Forecast What are the Best New Condos In West Palm Beach The Ugly Truth of Waterfront Homes in South Florida The Ultimate Ranking of Miami Luxury Condos Neighborhood Spotlight: The Roads Miami The Estates at Acqualina | Unveiling the Epitome of Luxury Living Investing in Miami New Condo Developments The Raleigh Rosewood Residences Miami Beach The Ugly Truth of the Miami Pre-Construction Condo Market! AIRBNB Investing in Miami | AIRBNB Properties for Sale in Miami 2024 Miami Real Estate: Top 10 Predictions & Trends to Watch! Leveling Up in Real Estate with Alvaro Nuñez Inside Coconut Grove's Hidden Gem: The Elegant 3350 Ah We Wa St Residence Solemar Pompano Beach: Luxurious 3 Bedroom New Construction Condo Overlooking the Beach Custom Home in The Roads, Miami! *EXCLUSIVE TOUR* Cocoplum Miami Mansion Tour | Inside 285 Costanera Rd, Coral Gables Mandarin Oriental Residences Miami Brickell | Is It Worth Your Investment? Unveil the Truth Now! Unbiased Insight: Independent Review of La Mare Bay Harbor Islands, Florida Cipriani Residences Miami Condos | Drone Shots The Ugly Truth of Miami Pre-Construction Condos Exclusive First Look! NEW Fort Lauderdale Pre Construction Condos Waterfront Villa in Coconut Grove for $17,995,000! Tour $15M Rare Miami Cocoplum Mansion 5 Reasons to Invest in Miami Pre Construction Condos Miami Real Estate 2024 Forecast! #BetterDecisions Ask David a question: Please fill out the form to obtain the report Connect with David '+lead_listing_views[i].address_short+' Meet our Team FAQs
  1. Home
  2. Blog
  3. Miami Real Estate News: With over a thousand articles written, if you can think of it we have probably written about it!
  • Best of All
  • Best Miami Luxury Condos
  • Most popular
  • Relocating to Miami
  • Private Schools
  • Investments
  • Gated communities
  • Waterfront information
  • Luxury homes
  • Luxury Condos
  • New Construction Condos in South Florida
  • Independent Pre-Construction condo reviews for Miami
  • Independent Pre-Construction condo reviews for Fort Lauderdale

Miami Real Estate News

We have become known over the last decade for providing Miami Real Estate News with advice. Our blogs focus on analyzing the real estate market trends in Miami. Our focus is to help clients make better decisions. We have written over two Thousand Blog articles, covering all Miami subjects with real-world observations and analysis. The best way to filter these Real estate market trends in Miami is with the 'Search Article Archive' search bar or the 'News by Neighborhood' Search Bar. We have tried to make the site exceedingly easy to navigate. Every article also has associated links to search pages for convenience.

Our Miami Real Estate News Content

We write an average of between two to three articles per week. Additionally, to the articles, there are almost always associated videos that go along with the posts. You can find many of our videos onour YouTube page. In 2022 we started our 'Better Decisions' podcast, full of information with interviews with top industry experts. Please watch or listen onour internal Podcast pageor throughSpotify.

Browsing Trends on Miami Real Estate News

Once you start browsing Real estate market trends in Miami, you will effectively put together the complex market and get answers to the most searched Google questions:Where are the best schools?The safest Miami Neighborhood?The best condos in Miami?What are the best new construction condos in Miami?

Market Trends and Analysis

Explore our analytical information on the Miami Real estate market and related articles. Best to explore theMiami Real Estate Reports page.We produce annual and bi-annual complete neighborhood reports. These are with charts numbers but important, actionable advice and predictions on where the market is going. Opportunities and pitfalls are on everyone's mind. Additionally, you will want to explore our real estate software that allows both macro analysis of the Miami real estate market and granular, hyperlocal analysis of neighborhoods, communities, and even Condos. With data going back 15 years in some cases.

How we break down Miami Real Estate News

We break Miami real estate news into a number of easy-to-navigate sections. Some of these sections connect to blogs related to product type and others by geography. The most popular revolves around the 'best of series'. With that said, blogs do often cover multiple subjects so may appear in multiple sections.

The best of all within Miami Real Estate News

As its name suggests this section focuses on the most typical; 'What are the best....' We look at what are the best neighborhoods, condos, new construction, gated communities, and more.

Best Miami Luxury Condos

After some much searching around the best Condos, we built a specific search around the best Condos going directly to our extensive articles on the best Condos in Miami.

Relocating to Miami

Since 2020 we have seen mass migration of New Yorkers, Californians, and other state residents to Miami. This has brought about many questions from those residents new to Miami who are trying to find answers to their questions. We cover these questions in this section. What are the best neighborhoods?, What are the best neighborhoods for families? or What to know about every neighborhood in 5 minutes?

Private Schools

One of the biggest challenges in moving to Miami is getting kids into private schools. For many buyers finding a house or Condo is the easy part! Getting their kids into private schools is the hard part. For this reason, we have articles on; the best private schools, commuter times to schools, and interviews with admission counselors.

Investing within Miami Real Estate News

Every real estate purchase is a real estate investment, but for many clients 'investing in Miami' means either 'fix and flip' or 'buy and rent'. We cover timing and the 1031 exchange procedure. Additionally, we have articles on what are the best condos for investment and which neighborhoods have appreciated the most. We also cover emerging markets.

Gated Communities within Miami Real Estate News

Miami gated communities are very popular with buyers and their subtle characteristics often need describing and exploring. Some gated communities are only semi-private: Cocoplum, and Gables Estates. Others have tight security and will only give access to those invited: Tahiti Beach and Indian Creek Island.

Waterfront Communities

Waterfront community blogs cover; islands, gated communities, and even luxurious waterfront streets. With many searches about waterfront communities, these blogs will answer most questions about these communities. Find the best luxury waterfront homes here.

Luxury Homes and Luxury Condos

Miami is home to many luxury homes and luxury Condos. These blogs will cover specific Condos and neighborhoods. Exploring the performance, assessing changes in the environment around these, and much more.

New Construction Condos

Our expert knowledge in new Construction Condos is unparalleled. We have written 'independent reports' on almost every new condo across Miami and Fort Lauderdale. Our independent reports typically look at what we like and don't like about the project. We delve into the best lines and consider the developer marketing around the project and whether we believe they can actually pull it off! Every developer will try and tell you that their project is the best, which can leave buyers confused. Some developer marketing is just purely misdirected.

We are honest and direct and will openly tell buyers if we think they can deliver. We also look at the geographical aspects of these projects and whether they are indeed located in a prime location or not. Additionally, we believe that no project is perfect. There are some lines that we like in a project and some we do not. We also recognize and talk about who the building is a good fit for. Is it good for second homeowners or primary buyers? There is an overwhelming choice of Condos for the untrained eye, but once you apply the size you need, budget, and lifestyle we can typically narrow these down to just a few. Finally, we compare Miami's new construction condos to Fort Lauderdale's condos.

Mercedes Benz Places Miami | A Unique New Project or Just Another Car-Branded Condo?

March 27, 2024

A brand new Mercedes Benz branded condo has been announced. The new mega project besides 791 residences will offer commercial space and a luxury hotel will be located in Brickell. Those who follow my blog might know my standpoint onbranded luxury condosthat have little to do with the hospitality industry. Therefore I would like to dissect this condo and show you the good and the bad. In addition, I would like to show how this condo relates to other brand-new condos in Brickell. If you [...]

Independent Miami Pre-Construction Condo Reviews Most Popular News - Brickell

The 9 Fort Lauderdale Real Estate Predictions and Warnings for 2024

March 13, 2024

Fort Lauderdale Real Estate Forecast Warnings for 2024 | Expert Predictions Introduction to Our Fort Lauderdale Real Estate Forecast for 2024 Frequently, real estate professionals enthusiastically assert statements like "it's always a good time to buy" on social media or in direct conversations with clients, creating the perception of a consistently thriving market. However, Fort Lauderdale's real estate market, much like any other market, doesn't universally exhibit robustness. Fort Lauderdale has been drawing in families who are moving, and the city's value has gone up [...]

Fort Lauderdale Real Estate Reports Most Popular South Florida

2024 Miami Real Estate Predictions and Forecast

March 11, 2024

Miami Real Estate Warnings: Will the Market show any Correction? Introduction All real estate markets do not continuously appreciate without pause. They experience periods of adjustment immediately after periods of extreme growth. As astounding as property appreciation in Miami between 2021 and 2023 has been, over the last six months, we have seen some slowdown. This is not only normal but actually healthy as other aspects of the buyer's market (such as earnings) need to catch up. In Miami, this incredible appreciation period has arguably [...]

Miami Real Estate Market Reports Q1 2024 Q1 2024

What are the Best New Condos In West Palm Beach

February 21, 2024

An Overview of the Best West Palm Beach New Construction Condos for Sale The Top 5 New Condos in West Palm Beach Condo Amount of units Unit Sizes Delivery Prices from Olara 275 2-4 Bedrooms 2027 $2M+ South Flagler House 108 2-5 Bedrooms 2027 $5.7M+ Forte on Flagler 41 4-5 Bedrooms 2025 $14.5M+ Mr C Residences 146 1-4 Bedrooms 2026 $2M Ritz Carlton Residences Palm Beach Gardens 106 3-5 Bedrooms 2025 $4M+ Preview all New Construction Condos in Palm Beach South Flagler House West Palm [...]

2018 Real Estate News and Report Uncategorized

The Ugly Truth of Waterfront Homes in South Florida

February 16, 2024

The ultimate guide to South Florida Waterfront Homes Fort Lauderdale and Miami Comprehensive Insights into Waterfront Living in South Florida. Weprovide unfiltered discussions about the dos and don'ts when searching for a waterfront property in South Florida. We offer easily scannable tips, direct links for property searches, and recommendations for the finest waterfront communities. With over 20 years of experience selling waterfront properties, we bring a keen understanding of common buyer struggles and areas of potential misunderstanding. Not all Miami Waterfront Homes are Equal Waterfront [...]

South Florida Waterfront News

The Ultimate Ranking of Miami Luxury Condos

January 24, 2024

Ranking the Top-Performing Miami Luxury Condos If you’re searching for a luxury condo in Miami, navigating the extensive market and deciding where to begin can be challenging. Beyond individual preferences, people are interested in identifyingcondos that demonstrate superior performance and are likely to appreciate over time. I have sold and studied the Miami luxury condo market for over 15 years. In addition, I have developed our own condo analytics software to monitor both overall market performance and the performance of each specific condo. This article [...]

Luxury Condos Miami Luxury Condos Most Popular

Neighborhood Spotlight: The Roads Miami

January 9, 2024

This article will discuss the Roads neighborhood in Miami. Nestled between the bustling energy of Brickell and the bohemian vibes of Coconut Grove, The Roads is a charming oasis of quiet streets and historic homes. Founded in the 1920s by visionary developer Mary Brickell, the neighborhood was designed as a pedestrian-friendly haven. It features wide, tree-lined avenues, lush parkways, and whimsical roundabouts adorned with native tropical plants. While retaining its old-Florida ambiance, with bungalows and Mediterranean-style mansions, more and more new homes are being constructed [...]

Miami Neighborhoods Most Popular

The Estates at Acqualina | Unveiling the Epitome of Luxury Living

December 27, 2023

The Estates at Acqualina in Sunny Isles certainly claim a spot among the most luxurious beachfront residences in Miami, and for good reason. I recently assisted a buyer in acquiring one of the units. After 20 years of working in the Miami luxury real estate market and having seen it all, I was left in awe with this condo. The finishes are one of the best I have ever seen, the spacious units are very functional and offer an amazing flow and then there is [...]

Luxury Condos Most Popular News - Sunny Isles

Investing in Miami New Condo Developments

December 19, 2023

Your Guide to Prime Condo Investment Opportunities Investors show a strong preference for newly constructed condominiums, particularly when obtained at advantageous early-stage prices. Unlike Income-generating condo investments, new condo developments are often bought with the sole expectation that the condo's value will appreciate by the time it is completed. In this article, we will share essential insights regarding factors to contemplate and potential pitfalls to avoid. Plus, we'll show you a comparison of the prices per square foot for various new condos. This article is [...]

Investing Opportunities Luxury Condos Most Popular

The Raleigh Rosewood Residences Miami Beach

December 13, 2023

Introduction to the Rosewood Residences Miami Beach A brand new Rosewood Residences is coming to Miami Beach. Nestled along 220 linear feet of oceanfront, The Rosewood residences represent a magnificent blend of the iconic Raleigh Hotel and a newly constructed glass tower featuring 17 floors and 44 meticulously designed custom residences. The new luxury residences will be managed by Rosewood Hotels & Resorts. Designed by renowned architects Peter Marino and Kobi Karp, this brand new residential tower will offer unparalleled proximity to the ocean and [...]

Most Popular New Construction Condos in South Florida News - Miami Beach

The Ugly Truth of the Miami Pre-Construction Condo Market!

December 12, 2023

A Must-Read Before Buying A Miami Pre-Construction Condo Complete List of All New Construction Condos In Miami Request Prices for Miami's Best New Condos Request Prices Request Prices for Miami's Best New Condos × Contact Email Us First Name * Last Name * Email * Phone * Comments Best Time to Reach You am pm Receive NewsletterYes, I would like to receive your Newsletter Submit Introduction to the Ugly Truth of the Miami Pre-Construction Condo Market! Whenever a new Miami condo is announced terms such [...]

Local Insights Luxury Condos Most Popular

AIRBNB Investing in Miami | AIRBNB Properties for Sale in Miami

December 6, 2023

We Offer Miami AIRBNB Investment Opportunities Already Generating Income Delving into Airbnb investment opportunities can be enticing, but initiating the process can be challenging. Prospective investors may be uncertain about the potential returns of a specific property. If you're interested in a Miami Airbnb investment, we present the following properties for your consideration. All these properties are currently active in the Airbnb market. Each property is sold turnkey, eliminating the need for additional investment unless you choose to make aesthetic improvements for increased ROI. These [...]

Investing Opportunities Most Popular

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Meet our Team

  • Shakira Sanchez – Brickell, Downtown, and Edgewater
  • Stefania Cambarau – South of Fifth to Bal Harbour
  • Jorge Salazar – South Miami to Coconut Grove
  • Elaine Tatum – Fort Lauderdale to Boca Raton
  • Adriana Montbrun – Key Biscayne
  • Daniela Zolhman – Pinecrest to Palmetto Bay
  • David Siddons – Coral Gables and Ultra Luxury Real Estate
  • Cristiane Buzolin – Sunny Isles and Aventura
Miami Real Estate News. Useful Analysis, Economics and Reports. David Siddons Group (2024)

FAQs

What is the outlook for Miami real estate in 2024? ›

Real estate experts predict you can expect better deals in South Florida in 2024. Thanks to a slowdown in home sales and a growing supply of residences — especially high-rises — it'll be a good time to rent or buy, the forecasters say. Prices will lower slightly, but it won't be a free for all.

Are real estate prices going down in Miami? ›

Median Sold Price

Homes in Miami have sold for 7.9% more than they did a year ago. Summary: The median home sold price in Miami was $546,178 in April 2024, up 7.9% from last year, and the median price per square foot was $382.

What is the average price of a house in Miami? ›

Miami-Dade County, FL housing market

The median listing home price in Miami-Dade County, FL was $630K in April 2024, trending down -6.7% year-over-year. The median listing home price per square foot was $493. The median home sold price was $550K.

How much is a square foot in Miami? ›

The median listing home price in Miami, FL was $660K in March 2024, trending down -1.2% year-over-year. The median listing home price per square foot was $504. The median home sold price was $575K.

Will rent go down in 2024 in Miami? ›

Miami's rental market "is slowly cooling down" after a blistering hot year, according to Zumper's Annual Rent Report, which draws on data from 2023 to make predictions about 2024.

Will home prices drop in 2024 in Florida? ›

According to Zillow, home price appreciation is expected to slow down significantly in the coming years, with a predicted increase of only 3.4% for 2024. This could provide relief to buyers who have been priced out of the market in recent times.

Is Miami real estate overpriced? ›

Currently, buyers are paying an almost 39 percent premium for the typical home in Miami, placing the area as the 11th most overvalued area in the entire country. Just a year ago, premiums in Miami were among some of the lowest in the list of measured metros in the United States.

Is it a good idea to buy property in Miami? ›

Miami also ranked as the 7th Best American City to Invest in Real Estate according to a 2022 report by thinkadvisor.com. And of course, Florida, in general, has always been the No. 1 U.S. destination for international buyers, with foreign buyer share increasing by 24% in 2022 compared to 2021.

Will rent prices go down in Miami? ›

In the last month, the average rent in the Miami-metro area went down ever so slightly, which real estate experts say is a good indicator that the market is slowly cooling. PUBLISHED: January 31, 2024 at 3:51 p.m. | UPDATED: January 31, 2024 at 4:04 p.m.

Where is the best place to live in Miami? ›

  • Little Havana.
  • Coral Gables. ...
  • Brickell & Downtown Miami. ...
  • Pinecrest. ...
  • Key Biscayne. ...
  • Coconut Grove. ...
  • Edgewater & Wynwood. Perfect for young professionals looking to live just a stone's throw away from Downtown Miami. ...
  • Bal Harbour. Perfect for those that want that luxurious and idyllic beach life. ...
Jun 13, 2023

What is a comfortable salary to live in Miami? ›

14, 2024, a living wage for a single adult with no children in Miami-Dade County is $24.26 an hour. That means you should be making $50,460 a year. With a child, that amounts jumps to $39.58 an hour, or about $82,326 annually. For two children, you'll need $47.19 and for three, $61.62.

How much money do you need to buy a home in Miami? ›

Want to buy a house? Here's how much you must earn to afford a home in Florida
Metro areaAnnual income required to afford median-priced homeprice
Miami$143,187$525,000
North Port$123,888$454,240
Orlando$108,597$398,175
Tampa$103,613$379,900
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Oct 17, 2023

Why are houses in Miami so expensive? ›

The reason for high prices in Miami is renters/buyers are not competing against their neighbors for homes, they are competing with those out of the city, and mostly out of the country. The incomes in the city do NOT allow for the possibility to rent or own a property for the majority of people.

How long does it take to build a house in Miami? ›

Building a House in Miami | How Long Does it Take to Build a Custom Home in Miami?
Home Building StepsCalculated TimeCumulative Time
Step 5: The Permitting Process8-10 Months18-22 Months
Step 6 & 7: Construction and Interior Finishing18 Months36 months - 40 Months
Total Time3 Years with several months of buffer time
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How much does it cost to build a luxury house in Miami? ›

The price of building a luxury home in Miami can vary widely, ranging from several hundred dollars per square foot to well over a thousand, depending on the location and level of finishes desired.

Is Miami a good place to invest in real estate? ›

Miami, FL, renowned for its vibrant culture and stunning beaches, stands out as one of the best places to buy a home in the US, especially for foreign investors. Its dynamic real estate market offers a diverse range of investment opportunities, from luxurious waterfront properties to high-yield rental apartments.

Will Miami real estate go up? ›

House price growth in Miami

House prices are set to climb even further by the end of the year, with experts forecasting a growth rate of between 10-20% in 2024. Miami remains a seller's market, but since December 2022 total listings have risen by 8.9%, creating greater option for buyers.

Is Miami real estate growing? ›

According to Redfin, home prices in Miami rose 13.0% year-over-year in January 2024, with homes selling for an average price of $599,000. The average time on the market has also increased: Miami homes sold after 75 days, compared to 71 days last year.

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