The Q1 2020 Miami Real Estate Market Analysis and Report

2020 Miami Real Estate Market Trends and Forecast

1. The Five Hottest Miami Real Estate Markets to Sell Property In. 

What neighborhood sub markets are selling at all time highs?  This is going to be really useful for sellers. It tells you when it might be time to step out and capitalize on the all-time highest prices in that market. Can it go higher? Is there confidence to push it higher? Take a look at the inventory and absorption rate and assess if you think this will make sales slow down and bring down the peak. Do you want to move to one of the hottest markets? Understand the expectation of sellers and know if you are going to low ball an offer how likely it will be met with stone cold silence or open arms?

2. Five weak Real Estate markets in Miami to vulture opportunities in. 

Weak markets also spell opportunity, and understanding what makes these markets weak can help you take advantage and get an amazing deal! If you own in this market and are trying to sell, understand where the market floor is. You may be priced to sell, and may not need to reduce any further or you may need to wake up and smell the coffee!

3. The 10 Most Expensive Luxury Condos In Miami

The 2020 Miami Real Estate Market Analysis and Report will report on which condos are crushing it and achieving the very best prices (per SF)?. If you are looking for the best of the best condos to live in then this is for you. You will also able to see their performance over the entire economic cycle from 2010 to 2020. Which ones will remain on top and which ones may fall from grace?

4. The weakest buildings across Miami primed for opportunistic exploitation.

Which condos are getting hammered and either worth exploring or avoiding? Should you be bold when others are fearful? In case you like the building and the neighborhood do you feel you can take advantage of weak consumer psychology and exploit the situation?

5.  How to read our advanced analytics software 

We work to empower our clients, no blind faith required. Our analytics systems are built by us (Neighborhood  Economic Health Score and Condo Geek Analytics)  They are not for anyone but our clients but the tools are specific enough to help clients make actionable decisions on their specific situation and to make Miami real estate market predictions for 2020 and years to come. Software for both homes and condos and data that goes back 12 years to 2008! As we say history does not repeat itself but it certainly rhymes.

6. What is driving the market?  A series of demographic, social and economic observations. 

‘Who is buying?’ and ‘Why are they buying?’ This is about Market psychology and the effects of the FED rates. Our observations on how corona virus could affect the psychological state and which sectors are most vulnerable. The effect of the stock market drop both positive and negative. Interest rates and income tax incentives, the global phenomenon’s of weak currencies as well as what we might consider a safe haven for our cash.

7. How did every neighborhood perform in Q1?

THIS IS A MUST READ FOR ANY PROPERTY OWNERS WHO LIVE IN THE NEIGHBORHOODS MENTIONED BELOW. Each of Miami and Fort Lauderdale’s Neighborhoods Performance for Q1 (3 observations per neighborhood). Some cliff observations on every major luxury neighborhood both homes and condos (Brickell, Downtown, Edgewater, Coconut Grove, South of Fifth, South Beach, Miami Beach, Bal Harbour, Surfside, Key Biscayne, Aventura, Sunny isles, Coral Gables, Pinecrest and Fort Lauderdale are all covered)

8. Smart Miami Real Estate Investing: What to Focus on and What to Avoid?

There will certainly be two groups of sellers. Those who are reactive to the market, or have lost significant wealth from being overly invested in the stock market. This could push those sellers to be more motivated to sell off their properties quickly because they need liquidity. There will also be the ‘newer’ home buyers who may be nervous to act because they are less seasoned millennials and have never in their adult like experienced a down market. Then there will be those who are holding cash and have the means and the psychology to take advantage of the first category and will be ready and able to pick up deals. Over heated luxury markets of LA and NYC could also drive buyers furthermore into Miami as the wealthy take a good hard look at their own financial situation to then decide how they can protect their wealth moving forward