Category: Trends

Miami Commercial Real Estate Sales to List Price Ratio Trails Off in September to Five Year Low ~ September 2020 MLS

Oct 15, 2020 - Trends - 0 Comments - Standard

The sales to list price ratio as reported by the Miami MLS for improved commercial property in Miami-Dade County from $1 million to $10 million dipped in September. September’s recorded ratio of 86.3% is the lowest level recorded since February 2015’s 84.9% number. This follows a dip two months prior that, though a slightly better […]

Chart: Another Strong Month for Miami-Dade Commercial Real Estate Sales ~ September 2020 MLS

Oct 14, 2020 - Trends - 0 Comments - Standard

Embedded above is the chart for the trailing two years, specifically the period from October 2018 to September 2020, of closed sales of Miami-Dade commercial property, both improved commercial property (with buildings) and vacant commercial land, recorded in the Miami MLS. September 2020 was, again, a strong month, only a bit off from sales in […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio Dips in July ~ MLS

Aug 10, 2020 - Trends - 0 Comments - Standard

The sales to list price ratio as reported by the Miami MLS, after having held up well as coronavirus hit, reached its lowest level in a number of years for properties classified as commercial/industrial with prices from $1 million to $10 million. That this ratio held up so well as-if-nothing to this point is at […]

Video: The Top Ten Issues Affecting Commercial Real Estate 2020-2021

Jul 09, 2020 - Trends - 0 Comments - Standard

Video 1 of 2: Video 2 of 2: In these videos CRE Counselors Global Chair Michel Couillard discusses his firm’s report on the Top Ten Issues Affecting Real Estate with the host of America’s Commercial Real Estate Show. As you might guess, (1) COVID-19 is at the top of this year’s list. Other top issues […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio Strong in June ~ MLS

Jul 03, 2020 - Trends - 0 Comments - Standard

The sales to list price ratio strengthened in June to nearly 96.5%, not a bad number even pre-pandemic, but a great one within it. A statistically minded person might note that list prices might have come down, thus making this ratio less insightful, less positive. If so, then the closing price to original price should […]

Chart: Miami-Dade MLS Commercial Property Sales Rebound to Normal Level

Jul 03, 2020 - Trends - 0 Comments - Standard

In the above chart one can see that the number of commercial property sales in Miami-Dade county, aka the Miami, Florida metro area, for both improved and vacant land that were recorded in the Miami Realtors MLS, rebounded in the month of June to the lower end of a band that sales fluctuated within pre-pandemic. […]

Video: Miami Downtown Development Authority Executive Committee Meeting 06/18/2020

Jun 19, 2020 - Trends - 0 Comments - Standard

The Executive Committee guides the Miami DDA’s efforts to fulfill its mission to grow, strengthen, and promote the economic health and vitality of Downtown Miami, which of course benefits area commercial real estate investors. This is a video recording of its Executive Committee virtual meeting held on June 18, 2020.

Video: CCIM Chief Economist K.C. Conway on What to Expect Moving Forward for the Economy, Commercial Real Estate

Jun 18, 2020 - Economy, Trends - 0 Comments - Standard

Video 1 of 2: Video 2 of 2: In this two part video series, CCIM Chief Economist K.C. Conway, CCIM, MAI, CRE, joins the host of America’s Commercial Real Estate Show to discuss what to expect move forward. Among the discussions expectations for jobs, property values, and economic recovery timing. He notes he is particularly […]

Charts: Commercial Property Inquiries Rebounding from COVID-19 Decline

May 27, 2020 - Trends - 0 Comments - Standard

Almost to the minute I posted about how commercial property inquiries had gone over a cliff, noting it as worthy of duh-chuckle categorization, inquiries began to rebound. This one could go in the category of “Whuuut?” As I mentioned in that prior post, if you know me, you know I’m a data hound. I collect […]

Charts: Commercial Property Inquiries Decline with COVID-19

Apr 27, 2020 - Trends - 0 Comments - Standard

I considered setting up a new topic category for this called “duh.” Chuckle. If you know me, you know I’m a bit of a data hound. I collect and manipulate data as a tool. One set of data I maintain is various types of selling activity, which I log throughout each day. It isn’t perfect, […]