Current Market Data

RE/MAX: Miami tops the U.S. for home inventory 

The city experienced a 70.1% yearly increase in active inventory, according to the latest RE/MAX National Housing Report.    

Fall brings lower mortgage rates, more inventory to market

At a time of year when the real estate market typically experiences seasonal declines, this fall is bringing just the opposite.

Home sales decline as buyers await lower mortgage rates, new NAR rules, election outcome

While the average monthly housing payment in the U.S. fell to its lowest level since the start of the year, it isn’t improving sales, as potential buyers are holding out for lower mortgage rates.

CoreLogic: Miami tops U.S. for home-price gains in July 

Price growth on the national level continued to decelerate on a year-over-year basis.

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Existing-home sales end 4 months of declines in July 

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

Miami tops U.S. for active inventory in July 

The city also took the top spot among the cities with the lowest average close-to-list-price ratios, according to the most recent RE/MAX National Housing Report.    

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Miami and nationwide is creating a more buyer-friendly market.

Average mortgage rate drops to lowest level in more than a year

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

Pending home sales regain upward momentum in June 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The most popular ways to upgrade a home in 2024 — without a huge demolition

There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.

Housing data still leans in favor of sellers, REALTORS® Confidence Index shows

Just 13% of respondents expect an increase in buyer traffic in the next three months.

Miami surges in renter survey 

The city jumped 15 spots in RentCafe’s annual ranking of U.S. cities. 

Falling mortgage rates, increased supply create opportunities for homebuyers

Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Houzz: The top outdoor home trends for 2024

Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.

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