The Brief
- Miami leads the nation in delistings, with 59 homes pulled for every 100 new listings in July, up from 27 in May.
- Agent Joe Azar says it’s a seasonal slowdown, with many sellers planning to relist in the fall.
- Strong demand from out-of-state buyers and Florida’s tax advantages keep the market outlook bullish.
Realtor.com’s July housing report shows Miami homes are leaving the market faster than anywhere else in the U.S., as sellers pull listings rather than lower prices.
Miami now leads the nation with the highest delisting-to-listing ratio — 59 homes pulled for every 100 new ones, up sharply from 27 per 100 in May, according to FOX Business.
What they’re saying:…