Current Market Data

Niche Names Miami Area’s Top Private High Schools

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

Study: Decline in Undocumented Workers Could Raise Housing Costs

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

Miami: Safe or Dangerous?

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

These 3 Concerns Continue to Haunt Sellers

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

How Long Until Miami Homebuyers Break Even on Their Purchase?

Homebuyers in Miami break even on their homes sooner than expected It takes two and a half years for homebuying to make more financial sense than renting in Miami’s housing market, according to a recent analysis from Zillow. The “Breakeven

3 Positive Employment Trends For Housing

The latest jobs report shows some silver linings for employment   Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing

Miami-Dade Housing Market Sets New Record

2015 proved a very positive year for real estate in Miami, according to MIAMI, but what’s in store for 2016? The Miami-Dade housing market set new records in 2015, according to the latest housing analysis from the Miami Association of

TransUnion Predicts 2.2 Million Boomerang Buyers Will Return by 2021

Boomerang buyers are, as the name implies, ready to return to housing The housing market’s recovery has been slow since the recession, and many consumers are still struggling with the economic fallout. According to a study released by TransUnion, though, there

Urban Housing Markets are Leading the Way in Miami

New numbers from Zillow show urban home price gains outpacing suburbs In the eternal rumble between urban and suburban housing markets, recent numbers have put the advantage firmly in the urban corner for Miami’s marketplace. According to a recent study from

Does Miami Stand To Lose Chinese Buyers?

China’s plummeting stock market and weak yuan are proving enough to convince investors in the country to avoid the nation’s faltering economy and instead opt for safer and more lucrative opportunities elsewhere – particularly in real estate and especially in

New Homes Are More Expensive and Bigger than Ever Before

Bigger homes mean more luxury buyers – but what does that mean for first-time buyers?   The average unit size of new residential construction is increasing, according to a National Association of Home Builders report. The average size of

CoreLogic: Miami Reigns As Cash King

CoreLogic: Miami Reigns As Cash King Real estate markets across the country continued hemorrhaging cash last October, a new report from CoreLogic confirmed, with the share of total sales falling 2.6 percentage points year-over-year. However, as is typical of

CoreLogic: Miami Home Prices Stronger Than Nation’s

Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –

Despite Slowdown, Developers are Still Pumping Billions into Miami’s Housing Market

New analysis from Dodge Data & Analytics paints an encouraging picture for Miami’s new construction marketplace The Miami housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s

The 3 Trends Shaping New Construction in 2016’s Market

These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their

Redfin Names Miami’s Hottest Neighborhoods

Coral Terrace is Miami’s hottest neighborhood, according to a new report from Redfin citing the area’s relative affordability and strong demand. With a median sale price of $304,000, the Spanish stylings of Coral Terrace homes have become the obvious alternative for

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