Current Market Data

Tampa named a top moving destination in U.S.
Tampa named a top moving destination in U.S.

Tampa has been ranked as the 10th moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.

Mortgage applications dip as rate increases in latest MBA survey
Mortgage applications dip as rate increases in latest MBA survey

“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan

Home seller profits up nationwide as market averts COVID damage
Home seller profits up nationwide as market averts COVID damage

In 40% of metro areas analyzed, home prices in the first quarter hit or tied new peaks according to the report, including Miami. 

Miami area homes selling faster than ever, as prices continue to rise
Miami area homes selling faster than ever, as prices continue to rise

Homes stayed on the market for 19 days less than they did last year, at an average of 72 days.

S&P CoreLogic Case-Shiller: Miami home prices continue to climb
S&P CoreLogic Case-Shiller: Miami home prices continue to climb

Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.

Housing inventory surge shows signs of relief for buyers
Housing inventory surge shows signs of relief for buyers

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

Florida condo and townhouse sales ‘steal the show’ again
Florida condo and townhouse sales ‘steal the show’ again

Closed sales, median prices, new pending sales and pending inventory were all up over this time last year, according to new a new report from Florida Realtors. The spring market is off to a good start, but condo and

New-home sales surge 21% in March
New-home sales surge 21% in March

Year over year, the pace of sales was up 66.8% nationwide.

Forbearance rate drops to 4.5%
Forbearance rate drops to 4.5%

As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.

Miami rent dip slightly after a year of COVID
Miami rent dip slightly after a year of COVID

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

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