Real estate housing market – SE Florida September 2020

Real estate housing market – SE Florida September 2020

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

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?

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? Watch this video for comprehensive market details on SE Florida real estate housing market 👉 https://youtu.be/PS9_0Mma9cU