Current Market Data
Millennials looking for more in their surroundings Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the
Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of
Miami’s condo market was in the midst of a comeback in 2015, according to the Miami Downtown Development Authority’s annual report. That might not be the case today. Fueled by luxury and international demand, 90 percent of the more
When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Miami’s housing market is between April 16 and April 30, according to a new analysis from Zillow. Listing
By 2025, what will Miami’s downtown look like? If it’s not underwater, the Miami Downtown Development Authority (DDA) hopes the area will have been cultivated into the “business, social and cultural epicenter of the Americas.” It’s a lofty endeavor,
From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7
The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers
In true Miami fashion, despite a double-digit drop in sales across both property types (single-family homes and condominiums) home price growth continues to amaze. The city’s single-family market – a weaker counterpart to condos – has been slowing for
Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number
New home sales were down in January, but that’s not the whole story Sales of new single-family homes declined in January, falling 9.2 percent from December and 5.2 percent from Jan. 2015 to a seasonally adjusted annual rate of 494,000,
There are more than 49 million homeowners in the U.S. with a mortgage, and approximately half (46 percent) expect their equity to increase in 2016, according to research from loanDepot. That’s another way of saying seller confidence is on
Last year was a positive one for Miami real estate, but what do the specific trends tell us about the market’s health? We recently reported record-breaking sales in Mimi-Dade’s single-family home market. To get a better idea of the
In January, Niche, a website that ranks and reviews schools at every level of education, gave us the top high schools with the best teachers. This month, it’s the best private high schools. In its 2016 Best Private High Schools
Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100
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. Annually pulling data from upwards of 18,000
An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin
