With the start of 2013 approaching in a few weeks Miami Beach sellers and buyers have been wondering what changes and developments in the 2013 Miami Beach housing market will mean for their luxury waterfront single-family homes. For the Miami Beach real estate market positive trends continue to dominate the market. In Miami Beach specifically, strong price appreciation, rapid sales, foreign buyers and investors and an overall good market condition has helped to secure the confidence of many Miami Beach home-buyers and sellers. Nationwide, similar effects of a real estate market upturn has given property owners looking to sell in this buyers market a boost. The news on the Real Estate market from top realtors, economists and reports also give good sign of the markets future for 2013 and beyond.
One example is a series of Real estate housing predictions published on December 10, 2012 by Frank Nothaft, Vice President and Chief Economist of Freddie Mac, which may provide some clarity on nationwide and Miami Beach housing trends for 2013.
Miami Beach sellers should review the bullet points below or watch the video focusing on five housing features outlined by Mr. Nothaft on expectations Freddie Mac holds in regards to the Miami Beach and overall nationwide housing market and your home in 2013.
5 Freddie Mac Expectations For Your Miami Beach Home in 2013