{"id":62158,"date":"2012-06-08T00:21:01","date_gmt":"2012-06-08T04:21:01","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=62158"},"modified":"2019-04-23T20:50:18","modified_gmt":"2019-04-23T20:50:18","slug":"more-inventory-please-s-fl-residential-market-warming-up","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/more-inventory-please-s-fl-residential-market-warming-up\/","title":{"rendered":"More Inventory Please. S. FL Residential Market Warming Up!"},"content":{"rendered":"
The residential resale inventory has dropped by nearly 63% as of March 2012, according to the Southeast Florida MLXchange service. A\u00a0key reason for the decrease in the available inventory is the waves of discount buyers who are scooping up residential properties in South Florida, that have fallen an estimated 45% from the peak in 2006.<\/div>\n
Leading the surge has been foriegn cash investors, who have chipped away at South Florida\u2019s oversupply of new condo inventory from the boom in the region\u2019s seven largest coastal markets of Greater Downtown Miami, South Beach, Sunny Isles Beach, Hollywood\/Hallandale Beach, Fort Lauderdale downtown & beach areas, Boca Raton, Palm Beach and downtown West Palm Beach.<\/div>\n
The reduction of inventory vs the demand is becoming a heated issue in the South Florida residential market, possibly changing the buy\/sell climate but staying true to the region…VERY HOT!<\/div>\n
<\/p>\n

Miami Housing Inventory History<\/h2>\n
Housing inventory in Miami, which is typically highest in the spring\/summer and lowest in the fall\/winter, peaked at 79,251 in November 2007. The lowest housing inventory level seen was 26,923 in June 2012.<\/div>\n

\"graph\"<\/p>\n

Source: Miami Herald<\/a>, Department of Numbers<\/a><\/p>\n

<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"

The residential resale inventory has dropped by nearly 63% as of March 2012, according to the Southeast Florida MLXchange service. A\u00a0key reason for the decrease in the available inventory is the waves of discount buyers who are scooping up residential properties in South Florida, that have fallen an estimated 45% from the peak in 2006.<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5717,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"\nMore Inventory Please. S. FL Residential Market Warming Up! - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/more-inventory-please-s-fl-residential-market-warming-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Inventory Please. S. 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A\u00a0key reason for the decrease in the available inventory is the waves of discount buyers who are scooping up residential properties in South Florida, that have fallen an estimated 45% from the peak in 2006.Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/more-inventory-please-s-fl-residential-market-warming-up\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2012-06-08T04:21:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-23T20:50:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sydney Server\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sydney Server\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/more-inventory-please-s-fl-residential-market-warming-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/more-inventory-please-s-fl-residential-market-warming-up\/\"},\"author\":{\"name\":\"Sydney Server\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/40f214d52c40d8af817c59c80b253845\"},\"headline\":\"More Inventory Please. 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