You know how you are always wondering when is the right time to buy South Florida Real Estate? You read the Real Estate articles, the market reports, and still question the timing. Well, as we finally get to enjoy the perfect South Florida weather, and look forward to the exciting upcoming events like Art Basel, South Beach Food and Wine, and the Miami International Boat Show, Buyers can UP their confidence in the market.

Although absorption rates are inching up, we still have an approximate oversupply of 18 months of Miami condo inventory resulting in modified asking prices and reduced sales prices. Miami New Development sales have slowed significantly due to less demand than supply, hence opportunities on the rise. Although single family home sales throughout Miami Dade surpassed 2017, a significant percentage of luxury homes in Miami Beach and premier communities of Miami sold largely due to price adjustment and motivated sellers. The components of a buyer’s market are evident through 2018 into 2019.

Huge Price Drop for Quick Sale – Beautiful high floor 3bedroom/2 bath at Floridian, excellent South Beach location. 1,345 SF | 2 parking spaces | $699,000 -Won’t last.Click here to see more information

Location! Location! Fantastic Opportunity on exclusive Sunset Island 1, Miami Beach. 12,524 SF lot – 4bedroom/4bath – 3,113 SF lot. Move right in | Renovate | Expand | Rebuild up to a 5,500 SF home. 1550 N View Drive Reduced to Sell - $2,350,000 Click here for more information.

Best priced renovated waterfront home in Miami Beach. Modern, 4 bedroom/4 bath, plus guest suite on N. Meridian Ave. 65 feet of waterfront | 4023 SF interior | 9,620 SF lot. Asking $3,900,000 Click here for more information.

To browse current properties, learn more about the current market, visit CatRodstein.com or for assistance with buying or selling your home, contact me at 786-417-9257