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How to Avoid the Next Real Estate Downturn

Frans and Caroline Swaalf, management consultants in the Netherlands, have been enamored of South Florida since they were graduate students at the University of Miami in the 1990s.

When the housing crisis hit in 2007, they thought their time to buy had come. They bought a condo in the Fontainebleau, a resort in Miami Beach, in 2010, after prices had bottomed out, paying 60 percent less than it had sold for two years earlier. The condo has since doubled in value.

The Swaalfs began investing in other properties. In 2011, they bought a small condo in an Art Deco building and doubled […] Read more

Where should you live? Should you buy or rent? Here’s our 2019 Miami real estate survey

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Kendall and North Miami surge as some of the best neighborhoods for home buyers. Brickell is among the hottest areas in town — as well as the most overvalued. And our ever-worsening traffic is playing an increasing role in where people decide to live.

And at last — Miami-Dade’s spiraling housing costs may be on the verge of cooling down a bit.

Those are among the key findings of the 2019 Miami Herald Real Residential Real Estate Survey, which is now in its fifth year. The study was conducted by the Miami-based research firm Bendixen & Amandi International between […] Read more

Miami home values may have peaked. But how will that affect prices?

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South Florida’s spiraling home prices may be on the verge of calming down a bit.

A new report by the online real estate firm Zillow shows home values fell in 32 of the 35 largest housing markets in the U.S. in April, including the Miami-Fort Lauderdale area, even though sales prices continued to rise.

Although the fluctuations are too small to be evidence of a momentous change, they are indications that the runaway prices that have made housing in South Florida too expensive for locals may be finally cooling off.

According to Zillow’s data, home values fell 0.1 percent month-over-month […] Read more