Current Market Data
Existing-home sales may have bounced back to life in Dec 2014 (and carried median sales price to its highest mark since 2007), but that was hardly the most encouraging piece of news in NAR’s latest housing report. No, that
Pending home sales took a step back in December, but remain well above 2013 levels. The National Association of Realtors released its newest Pending Home Sales Index today, finding that despite persistently low interest rates, December pending home sales
We’re all waiting for Miami’s housing inventory situation to improve…and that could finally be happening. The inventory situation in Miami has been a dire one for some time, but 2014 closed out with some encouraging news, according to new numbers from realtor.com.
New home sales may have disappointed in 2014, but median sales price was an entirely different matter. December may have capped off a lackluster year of sales for newly built single-family homes, but when it came to the median
Home prices in the Miami area continued to set the indices on fire in the latest Case-Shiller. Home prices in the Miami area continued to lead the nation in November, rising 0.6 percent from October and 8.6 percent from Nov. 2013, according to the
Strong late year sales emphasize the presence of persisting demand, but low inventory could lead to eventual affordability problems. Existing-home sales faltered moving into the deep winter months, but according to a new report from the National Association of
MAR report marks 2014 as a record-breaking year for the Magic City. If the national market was hot in 2014, then Miami was on fire, as the newest sales report from the Miami Association of Realtors and local MLS
Using data from 2014, Redfin predicts what Miami neighborhoods will stand out in the new year. Hot is the perfect way to describe the Miami market in 2014. With booming sales and a seemingly insatiable demand, the city has ballooned
Everyone knows that lending standards today are relatively restrictive by historic standards, but are they loosening up at all as housing and the economy improve? To find out, we took an exclusive look at CoreLogic’s Housing Credit Index (HCI),
Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels
Here is an undeniably positive development in the housing recovery. Distressed home sales – such as the one in our photo above – were the most visible result of the housing downturn, a true sign of the unfortunate times.
Douglas Elliman’s Q4 report marks a winter season rebound and sets the pace for a strong 2015. Today, Douglas Elliman released its fourth quarter market overview, dissecting a number of South Florida’s premiere real estate markets, including Miami’s mainland,
Foreign home sales have been a big deal in the U.S., but could the strengthening economic climate change that? Foreign real estate has been a big deal in the U.S. during the housing recovery, and the numbers speak for themselves
How was 2014’s homebuilding market better than 2013’s? Allow us to count the ways… The numbers are in, and they’re quite clear in their conclusions – by every possible metric, 2014’s homebuilding market represented a strong improvement over 2013.
Danielle Hale of NAR tackles existing-homes sales to determine what the most popular closing dates of 2014 were. It’s a whimsical if not slightly tired cliché to say “it’s all in the timing,” but in rare form, it’s one
Sure, the economy is doing better than it was a year ago, but the narrative extends far deeper than that. New survey data from Pew Research is very much in line with the government’s latest jobs numbers, as more
