As we wrap up July and head into August, there’s a noticeable shift in our local real estate market—and if you’re a buyer, it’s in your favor.
We’re officially in a buyer’s market across much of Hialeah, Miami Lakes, Hollywood, and Miami-Dade. What does that mean for you? More inventory, more negotiating power, and more time to make the right decision.
What We're Seeing in the Market
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Homes are sitting longer on the market, giving buyers room to negotiate.
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Price reductions are becoming more common, especially for properties that were originally overpriced.
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Seller concessions (like paying closing costs or buying down rates) are on the table again.
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Mortgage lenders are offering more flexible options to keep deals moving.
What This Means for Buyers
If you’ve been waiting for the “right time” to buy, this may be your moment.
More options – With more listings available, you don’t have to settle.
Better deals – Sellers are more open to negotiating on price and terms.
Creative financing – Options like seller financing or rate buy-downs are more accessible now.
As an Accredited Buyer’s Representative (ABR), I guide buyers through these opportunities while protecting their investment.
Real Talk: Don’t Wait for “Perfect”
Many buyers ask me: “Should I wait for rates to drop?”
While rates may shift, the right home in the right location is worth acting on now, especially if it fits your budget and lifestyle. And remember—you can refinance later, but you can’t go back and get the perfect home once it’s gone.
Tip of the Week: Be Ready to Move When the Deal Is Right
In this market, being pre-qualified and responsive makes all the difference. If you're shopping, make sure your paperwork is ready, and don’t delay in sending documents when requested—this can make or break your timeline.
Let’s Connect
Whether you’re looking for a starter home, upsizing, or investing, I’ll help you make a smart, informed decision.
Call or message me this week—I’ll send you a list of homes with seller concessions in your preferred area.
Don’t forget to check out this week’s featured listing in Palm Springs Villas—completely remodeled and move-in ready!
Yamile Lopez, ABR, HFR
Your local South Florida Realtor
Hialeah | Miami Lakes | Hollywood | Miami
305-343-9926