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Elite Sales Group Miami Real Estate Blog

Home prices increase due to low inventory

With low housing inventory down 11.7%, we have seen home prices rise.  Many people are staying in their homes due to the effects of COVID-19 and the economic impact it has had.  The limited available inventory in the housing market has created price wars and as a result, a further...

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Homeownership Rate on the Rise to a 6-Year High

Homeownership Rate on the Rise to a 6-Year High   1.7KSHARES 1.6K 59 19 93 Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See...

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Real Estate Once Again On Top 5 Reasons

Why is Real Estate back on Top especially in Miami? If you are someone who has given up on the dream of real estate investment, before even giving it a serious look, consider a few trends says Elite Sales Group of Miami . Construction is on the rise, foreclosures and repossessions are decreasing....

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