Every year, heavy rains and high tides force coastal sea levels surrounding South Florida to rise, which result in serious flooding for the Magic City, particularly in Miami Beach. Concern is only growing as the implications of climate change

Miami has found its footing as a truly international city, attracting buyers and investors from literally around the globe, including heavy interest from China, where an economic crisis is convincing residents to take their money elsewhere. However, despite its

This year is shaping up to be a positive one for new construction in Miami Residential construction spending in the  Miami area was up 88 percent year-over-year in July, and so far in 2015 is 40 percent ahead of where it was last

Average fixed mortgage rates in the U.S. have fallen to their lowest levels since May of this year amid substantial and ongoing global volatility out of China, according to Freddie Mac’s Primary Mortgage Market Survey. The average 30-year fixed rate mortgage dropped

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Miami metro area rose 0.3 percent from May to June and 7.7 percent from June 2014, according to the new Case-Shiller Home Price Indices from

Miami’s ending the summer hot, according to a new report from the Miami Association of Realtors, which confirmed July as the city’s second-highest month ever for single-family home sales. At a total of 1,354 single-family transactions, July’s figures nearly

During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate

National cash sales continued their descent in May, a new report released today from CoreLogic showed. For 29 months, all-cash buyers have been leaving the market, as marked by continual year-over-year decreases in market share. In May, cash sales

New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Student debt remains the leading roadblock to Millennial homeownership Fifty-six percent of people between 18 and 29 have put off a major life event because of student loan debt, according to a survey released by Bankrate.com. That is higher than

Today, CoreLogic released its June 2015 National Foreclosure Report, and the big reveal was foreclosures are still dropping – so not much of a surprise. For another month, national foreclosures fell, with inventory dropping 28.9 percent year-over-year from a

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

CoreLogic’s May distressed sales report shows lowest levels since 2007 CoreLogic recently released a new report detailing the state of the distressed sales market in the U.S. for May, and for another month, both real-estate owned (REO) and short

Property Markets Group (PMG), along with their joint venture partner S2 Development and Canyon Partners Real Estate, announced that they have closed a $133.7 million senior construction loan for Muse Residences. Canyon, the lender, is a Los Angeles-based real