Update on the Miami / South Beach Rental Markets
1. Market near Equilibrium The Greater Miami & South Beach Rental Markets have reached equilibrium – meaning that supply and demand are fairly equal at this point. 2. Landlords get Asking Price Renters are paying asking price or near-asking price for most rentals. The exception is rentals that are priced 10% or more above market. 3. We’re back to Normal The Miami Rental Market has changed dramatically from the period of 2007-2010 where there were... Read More
