A tale of two markets: South Florida home sales up, condos fall

MIAMI: A Tale of Two Markets in the Magic City. by James McClister November 24, 2015. Rising prices and quick sales times have defined Miami’s real estate market in recent months, while falling sales and struggling inventories have also endured.

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In America it’s starting to feel as if there are two housing markets. One for the rich and one for everyone else.Consider foreclosure-ravaged Detroit. In the historic Green Acres district a haven.

The housing market has two major segments: housing starts and home sales. Housing starts are tracked by the number of new residential construction projects that begin in any particular month.

A Tale of Two CEOs An insider’s look at TOUSA chief Tony Mon’s fall from grace as former partner Art Falcone amasses a financial war-chest that could gobble up TOUSA’s failed empire in a heartbeat.

A tale of two markets: south florida home sales up, condos fall May 21, 2019 May 21, 2019 Biz Journal South Florida 0 Views Home prices increased in most categories.

 · To clarify my intuition, I believe this is a tale of two markets. This class of properties marketed towards the Nouveau riche are the ones starting to deflate, bringing the quantity gradually up and the average price way down.

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 · Cash-rich Brazilians are leading a revival in South Florida real estate – one of the markets hit hardest by the US property crash – underlining the diverging fortunes of the two largest.

Within South Florida. the median sales price for single-family homes inched up too – by 2.9 and just over 4 percent, respectively, according to Greater Fort Lauderdale Realtors and the Realtor.

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