The Miami Market, as we enter into the “slow season.” It is very evident that the housing market has cooled down a bit. When I check the MLS every morning, for the last 14 days I have seen a steady decrease in listing prices and often homes being reduced in price. I am seeing this across the board from the highest end of the market to right around homes for $5M. The market for renovated, fixer upper, or quote on quote good deals is still very strong with a lot of market activity off of Miami Beach.