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Current Market Data

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

CoreLogic: Miami’s Distressed Sales Cut in Half

Compiling data from CoreLogic, we review nearly a decade of distressed sales data CoreLogic released its distressed sales report for the month of March this week, and what the group revealed was nothing short of expected: REO and short sales

41% of Americans Think Housing Crisis is Still Happening

Latest housing survey from MacArthur Foundation finds many Americans skeptical of housing and the wider economy What a difference a year makes – or, in the case of the MacArthur Foundation’s “How Housing Matters” survey,  what a difference a

RealtyTrac: Nation Faces Zombie Outbreak

RealtyTrac’s Q2 Zombie Foreclosure Report shows macro progress and micro struggles Zombies are plaguing the nation, but no amount of shotgun shells and machetes are likely to help. Less likely to shuffle after a person’s brainy bits than they

CoreLogic: Is a Wave of Foreclosures Heading for the Magic City?

CoreLogic’s April Foreclosure Report revealed another month of positive stats…for most markets Since late 2008, when the walls of the world’s economy started to tumble, approximately 5.7 million foreclosures have been completed in the U.S., and even more if

Down Payments are Down, but are Home Sales Up?

Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according

Is Miami’s Luxury Housing Market Falling Behind?

Could Miami’s strong luxury housing market be slowing down? Sales prices for Miami’s luxury housing market slipped behind the general marketplace this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent of

7 Important Things about Housing in the Government’s New Jobs Report

Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from

CoreLogic: Miami Homes Appreciate in April

New study from CoreLogic reveals how prices are changing around the country Marking more than three years of consecutive year-over-year growth, home prices nationwide, including distressed sales, pushed forward another 6.8 percent in April, according to a new report

Miami-Area New Construction Up 19% in 2015

This year proving to be especially positive for Miami new construction Residential construction spending in the Miami area totaled $433 million in April, an 11 percent decrease from the $487 million of April 2014, according to the latest report from Dodge Data &

Hispanics will be Key Driver of Housing’s Future

The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

Miami Home Prices Among Strongest in U.S.

Home prices in Miami were strong as ever in the latest Case-Shiller report Home prices in the Miami area rose 1.0 percent from February to March and 8.7 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Miami Home Sales on Hot Streak, Condos Cool

Miami prices and sales up according to new report Miami sales continued piling up in April as demand, inventory and job growth remained healthy, a new report from the Miami Association of Realtors (MIAMI) and the local MLS found. More

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