Current Market Data
From stagnant wages to competition from cash buyers, first-time homebuyers face many challenges in today’s housing market, but perhaps none is greater than the inventory shortage – a fact that is especially true here in Miami. According to a
Though crime can be found in all major cities, the severity and frequency of it vary greatly from metro to metro, as two new reports from real estate analytics provider NeighborhoodScout recently pointed out. In part one of this two-part series
This year is shaping up to be a very positive one for residential construction in Miami, according to the latest numbers from Dodge Data & Analytics. In March, residential construction spending in Miami totaled $881 million, a whopping 50 percent increase
Walkability has become one of the chief concerns among U.S. homebuyers, especially Millennials. And as Redfin’s new “Most Walkable U.S. Cities of 2016” report confirms, some cities are responding to the demand better than others. “Improving a city’s Walk
In 1963, the median price for a new construction home in the U.S. was $18,000, according to the U.S. Census Bureau; in 1980 it was $64,000; in 2000 it was $169,000; and in 2015, after nearly 52 years of consecutive year-over-year
If you’re looking to grow your real estate agent brand and, with it, your business, then understanding how to optimize your Web presence for search engines isn’t an option. It’s a requirement. SEO techniques and best practices change often, because
In the latest Case-Shiller Home Price Indices, Miami showed modest but consistent home price growth. Miami home prices rose 6.2 percent year-over-year in Feb. 2016 and showed a 0.1 percent increase over January. That monthly increase is half that
Miami real estate agents completed nearly $1 billion in residential sales in March, according to a new report from the Miami Association of Realtos and the MLS. In total, residential properties combined for $996.5 million in sales last month, MIAMI reported. But
The average homeowner in Palm Beach County pays more than $3,400 in yearly property taxes, which is the highest in the Miami metropolitan area, according to a new analysis from the NAHB. Additionally, Palm Beach County homeowners pay an average tax that is
It’s easy to say that top producers in real estate are a “different breed” of agents. But that assumes that top producer status is somehow predetermined. It’s not. People aren’t born to top producer status – they earn it.
Martin County School District is the best school district Greater Miami, according to educational rankings and review site Niche. Real estate agents should take note. Evaluating on criteria including academics, teacher performance, available resources and the quality of the schools’ facilities
Miami’s 33132 ZIP code, which includes Midtown, Seaport and the city’s downtown, is one of America’s top residential boom towns, according to a new study by realtor.com. The analysis – which looked at job growth, household formations and housing
Douglas Elliman released its quarterly market overview this week, and the findings describe a Miami-area market fraught with extreme ups (i.e. 150-plus percent year-over-year increase in home price in Fisher Island) and extreme downs (65 percent sales decrease in
It’s strange how little we hear about Generation X, because as consumers they are a pretty important group for agents to understand. Why? For starters, Gen Xers – which represents persons currently aged 36 to 50 – accounted for
Miami experienced the seventh-largest population growth in the nation in 2015, according to Census estimates. From 2014 to 2015, the Miami area’s population grew from 5.937 million to 6.012, which was a 1.3 percent increase. The city’s change in population was larger than
Miami has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report from Coldwell Banker Previews International. In 2015, Previews reported, sales of homes priced $5 million and above totaled 43 in Miami. That was
