Current Market Data

The Secret Reason Why Housing is So Slow to Recover

New economic research suggests a very good reason for why the housing recovery has been so tepid. Interest rates remain at historic lows. Rising rents have rendered mortgages as much as 50 percent cheaper in some spots in the country.

CoreLogic: Florida Inventory Drives Price Gains

Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time

Transit and Real Estate: The Importance of Moving Forward

Miami is ranked as one of the world’s most congested cities. What are the options? Miami is in a state of positive flux, where building is helping the city transition from an appealing American vacation destination to one of

The 5 Things You Should Know About the New Jobs Report

Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,

Miami’s Rental Market Continues to Shine

It’s been common knowledge that Miami’s rental market is growing strongly, but is that still the case? For some time now, Miami’s rental narrative has been remarkably consistent, one of rising rents and high demand. Did that trend continue in 2015’s first quarter, though?

Location, Location, Location: A New Mantra

A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not

Will Rising Rents Finally Push Millennials to Buy?

Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic

Case-Shiller Finds Miami Home Prices Soaring

Home prices in Miami are growing, and at a rapid rate. Miami home prices posted lukewarm numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Miami prices were

Real Estate Tech: A New Measure of Quality?

A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have

Low Mortgage Rates Boost Pending Sales to Highest Level Since June 2013

Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index

Housing Affordability a Tale of Two Cities in Miami

Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters

New Construction in Miami Lukewarm in February

What was the deal with our local new construction marketplace last month? February proved a lukewarm month for residential new construction in the Miami area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Miami totaled

3 Sobering Facts About Today’s Skittish Economy

We all know that the economy has improved in recent years, but we also know (and with similar levels of confidence) that there remain considerable hurdles for many Americans in today’s economy. Take a look through our informative graphic

A South Florida Beacon: Miami Attracts All Corners of the Globe

Figures from both national and local Realtor associations paint a very clear picture: Miami is a popular destination. The important role the Internet plays in today’s homebuying process is a worn out observation, but that doesn’t negate its relevance.

Why Soaring Inequality is Terrible For Housing

Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it

5 Important Details About the Latest New Home Sales Report

Sure, new home sales were up in February, but there’s much more than meets the eye. On the surface, it looks like February was a very positive month for sales of newly built single-family homes. According to the latest

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