While national headlines are buzzing about mortgage relief and credit expansion, here’s what’s really happening on the ground in Miami — and what it means for you.

The Big Picture

Fannie Mae and Freddie Mac are temporarily easing mortgage rules during the federal shutdown, helping buyers (especially federal employees) keep loans moving.
Meanwhile, lending conditions are loosening: mortgage credit availability has risen for four straight months, and experts project a 13% jump in U.S. mortgage originations by 2026 — meaning more access to financing and more qualified buyers in the market.

How Miami Fits In

Prices Are Leveling

Miami-Dade home prices have cooled slightly — single-family homes are down about 1–2% year-over-year, while condos have dipped closer to 4–5%.
This isn’t a crash; it’s the market finding balance after years of rapid growth. In many neighborhoods, sellers are adjusting to meet more realistic buyer expectations.

More Homes to Choose From

Inventory has crept up, and the typical home now stays on the market for about three months. That gives buyers room to breathe — and negotiate.
For sellers, this means the days of “list high and wait” are fading. Homes that are priced accurately and well-presented are still moving quickly.

Condos: The Buyer’s Play

Condos, especially those under $800K, are seeing softer demand and longer days on market. That gives buyers leverage to negotiate credits for HOA fees, reserves, or assessments.
Luxury condos ($1M+) remain active — buyers are choosier, but quality inventory still moves.

The Wild Card: Insurance

Good news — Citizens Insurance is lowering premiums slightly in some areas (by around 4–6%), and private carriers are trickling back into the market.
If you haven’t requoted lately, it’s worth revisiting — total cost of ownership might be improving even if prices aren’t.

What to Do Now

If You’re Buying:
✅ Get re-approved — credit access is easing, and rates may shift again soon.
✅ Focus on value: move-in-ready homes, solid insurance options, and motivated sellers.
✅ Don’t assume high prices are back — they’re steady, not soaring.

If You’re Selling:
💡 Price to today’s market, not 2022’s.
💡 Offer pre-inspection reports or insurance quotes — they make your home stand out.
💡 Condos: lead with strong financials and transparency to build buyer confidence.

If You’re Investing:
📊 Rental demand remains strong, especially in walkable neighborhoods near the water.
📉 Look for stale listings or motivated sellers to maximize yield.

The Takeaway

Miami’s market is maturing — not melting.
We’re seeing more balance, smarter buyers, and opportunities that reward preparation and strategy.
If you stay proactive, informed, and ready to move when the right opportunity hits, you’ll stay ahead of the curve — and the competition.