Read Today’s Top Story: Miami-Dade home sales increase again

Current Market Data

Distressed Sales Plunge in Florida

Over the last year, distressed home sales have become far less prominent in Florida’s housing market Distressed sales throughout Florida comprised 16.3 percent of all home sales in May, a marked drop from the 30.1 percent market share of a year

Multifamily Construction Spending Leads Charge in 2015

Residential construction spending may be up in 2015, but some areas performing better than others Residential construction spending was at a seasonally adjusted annual rate of $359.5 billion in May, according to the latest data from the U.S. Census

Miami Home Prices Rise Strongly in Case-Shiller

Home prices positive in latest Case-Shiller, but are there signs of a slow down? Home prices in the Miami area posted strong gains in Standard & Poor’s latest Case-Shiller Home Price Indices, rising 0.9 percent from March to April and 8.5 percent from

Builders Trade Entry-Level for High-End

Construction is down in the market’s lower end, and economists say they know why The construction industry continues to make strides bringing more new homes to the market, a Census Bureau report on housing permits recently showed. But while

Pending Home Sales Now at 9-Year High

May was a solid month for pending home sales activity, but uncertainty remains for housing’s future Pending home sales continued their hot streak in May, rising by monthly and yearly measurements to their highest level in nine years, according to

The Most Underrated Reason for Housing’s Slow Recovery

Two surveys, one from Bankrate and another from Capital One, spotlight Americans’ financial insecurities Twenty-nine percent of Americans have no emergency savings, and another 21 percent only have enough savings to cover three months of expenses. Those troubling statistics came

Negative Equity Still Huge Problem in Miami

Progress has been made on negative equity front, but troubling trends persist In the Miami housing market, 17.4 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of

Miami Housing Prices Rise by Double-Digits

Median sales prices for Miami single-family homes and condominiums each registered double-digit growth while total residential sales increased in May, according to a new report by the MIAMI Association of Realtors (MIAMI). Single-family home transactions — which set an all-time

Value of Building Green

Some builders have avoided green building for fear of costs. Turns out, it could help them make money Environmentalists have long urged developers to design more green buildings, but faced with the high immediate cost of sustainable materials and

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

TILA-RESPA: A Builder’s Perspective

How builders should prepare for TILA-RESPA Pending the approval of a proposed amendment to extend its compliance deadline to Oct. 1, in less than two months, the real estate industry will find itself operating under of TILA-RESPA. Depending on

Top 10 Dangers Facing Brokers Today

Brokers and their businesses face 10 big dangers – none of them easily solved The real estate industry is on a precipice, and how it falls from that point will determine its future. That was the central statement – if not

Multifamily Housing is Driving New Construction in 2015

New construction up in 2015, rising on the shoulders of the multifamily sector Housing starts may have been down 11.1 percent from April to May in the Census Bureau’s latest report, but building permits were an entirely different story.

CoreLogic: Strong Dollar Pushes Out Foreign Cash in Miami

CoreLogic’s March cash sales report found cash purchases are falling dramatically all across the nation The pool of real estate cash is shrinking as all-cash buyers continue leaving the market, making way for more traditionally financed buyers, particularly first-time

Multifamily Dominates New Construction in Miami

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

First-Ever LGBT Home Buyer and Seller Survey Released

Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked

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