As mortgage rates fall, tight residential inventory loosens

Written by Alexander Luzula on October 8, 2024
  • As mortgage rates fall, tight residential inventory loosens

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As mortgage rates fall, tight residential inventory loosens

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Miami’s residential real estate market is beginning to shift, following the Federal Reserve’s decision in September to lower national interest rates. A once-tight market is opening up again, as buyers and sellers now have greater economic flexibility in home purchases and sales.

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