Current Market Data

Miami Asking Prices Jump Double Digits in 2014

Asking prices ended the year with a bang, according to new analysis. The Miami housing market closed off 2014 in a strong way, with asking prices rising 11.9 percent for the year, according to the latest Price Monitor from Trulia. That

CoreLogic Finds Florida Home Prices Best National Average

Latest CoreLogic report shows prices falling moving into 2015. However, experts say we’re still poised for a strong year. National home prices climbed yet another rung on the industry ladder in November, according to CoreLogic’s latest home price report.

Looking For the Most Encouraging Trend in Housing Right Now? We Have It

There are many positive things happening in housing right now, but this may be the most encouraging trend of all. On the surface, NAR’s latest existing-home sales report is not a very positive affair, with sales falling 6.1 percent

Special Report: Rental Housing in Miami Continues Strong Growth

Though Miami’s for-sale market is showing signs of a seasonal slowdown, its rental market continues to charge ahead. The rental market in the Miami area continued its ascent in 2014’s fourth quarter, completing one of the strongest rental years in recent memory,

Just How Much is Our Housing Market Worth?

We all know that our housing market has quite a bit of value behind it, but what’s the big number that it all adds up to? We’ll cut straight to the big number – $720 billion. That’s the cumulative

The Top 3 Consumer Expectations for Housing in 2015

Agents may be looking up when it comes to 2015’s housing market, but how do consumers feel about the impending year? The news cycles have been chock-full of stories on what analysts and trade professionals expect for housing and

The 8 Big Obstacles to Homeownership in 2015

What obstacles remain in the homebuying process? Consumers have many expectations for the housing market in 2015, but they’re also operating under little allusion as to the obstacles that remain in place between them and their dream home. So

Are Americans Finally Feeling Better About the Economy?

Economic sentiment has been pretty low for some time here in America, but does new survey data show that’s changing for the better? After a long purgatory, it seems that Americans are finally re-gaining their confidence in the economy,

3 Important Trends To Follow For the 2015 Housing Market

What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends

Magic City Home Prices Surpass National Pace in Latest Case-Shiller

S&P’s newest Case-Shiller report revels a slow climb towards balance and a strong end to 2014. It was another month of stellar performance for home prices in the Miami market, according to the newest Case-Shiller Home Price Indices from

Miami Takes a Few Hits in November, Promises to Bounce Back

Miami’s market took a hit in November, but the longterm strategy remains sound. Ebbing ever closer to 2014’s end, Miami’s real estate market, after two consecutive months of healthy growth, stumbled in November with sales falling considerably year-over-year while

Special Report: The Problem of Negative Equity in Miami is Far From Over

Negative equity may be down in Miami, but that doesn’t mean that it’s no longer a problem. Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Miami has fallen

5 Important Stats in Today’s New Home Sales Report

The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale

Good News For South Florida – Congress Extends Mortgage Forgiveness Debt Act

Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

November Marks a Month of Decline, But Promise

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

The Fed Will Not Be Raising Rates Soon…We Think

The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few

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