The Real Estate Questions Coming Up at Every Holiday Gathering

Housing talk always comes up during the holidays — and the same questions keep coming up in Miami and the Florida Keys. Here are clear answers based on what’s actually happening in our local market.

1. “Will I be able to find a home?”
   Yes. Inventory has grown steadily. Realtor.com reports over one million homes on the market for six straight months, something we haven’t seen since 2019. Buyers now have more options in Miami, Key Largo, Islamorada, and the Upper Keys, and sellers have more choices for their next move. Homes aren’t vanishing in 24 hours like they did in past years, giving buyers more time to explore and compare.
2. “Is a home still affordable?”
   Affordability is improving. Mortgage rates have eased from recent highs and home price growth is moderating. That combination means today’s monthly payments are lower than they were earlier in the year. It’s still a competitive market, but the numbers are finally moving in the right direction.
3. “Should I wait for prices to drop?”
   National data doesn’t point to a major price decline. Inventory is rising, but not enough to push prices down in most markets. Homeowners across Miami and the Florida Keys have strong equity, and experts expect prices to continue rising at a slower, healthier pace — not fall.

As a realtor with The Selling Properties Group powered by LPT Realty, I’m seeing a market that’s stabilizing, not crashing