Current Market Data
The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. Miami is the tenth least affordable metro areas in the nation, with 41 percent of the area’s housing stock
Looking for a good mortgage rate? All you need is good credit and a lot of money. In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending standards continue tightening
Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends, and that until
Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during
Our new construction market, according to new data, is among the nation’s best. Through September of 2014, Miami had the No. 8 new construction market in the country. According to fresh numbers from Dodge Data & Analytics, Miami’s construction starts for the
New measures from regulators promise to help ease lending standards, but are they enough? The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the mortgage industry into
Cash investors continue to stay away from the real estate market, keeping cash sales relatively low. Cash sales remain steady in the month of August, according to a new report from CoreLogic. Though the market is continue to shed
The emotions that Florida homebuyers most often experience may surprise you. Homebuyers experience many emotions when searching for a home, but what emotions do Florida homebuyers experience the most often? That was the question of a BMO Harris study
Miami home prices continue rising even as inventories fill out. Demand in Miami is high, historically high, and despite efforts to satisfy hopeful, salivating homebuyers with additional inventory, demand is remaining strong, mimicking 2013’s record-setting sales activity, according to
The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason
Though not as quick as email, direct mail still offers considerable advertising value. The real estate world is constantly abuzz with talk of the newest mobile app or search platform. So much so, in fact, that agents often forget
Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has
There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the
President Obama came out in support of net neutrality this week, and his proposals could be instrumental in protecting the Internet – and your business. Advocates for net neutrality received a huge vote of confidence this week from President
In case you were wondering, our housing market continues to get less affordable, not more. In the last year and a half, housing affordability in America has dramatically fallen, and our local metro is no exception. We recently reported that NAR’s Housing
The messages for housing were mixed in the BLS’ new report on the jobs market. The Bureau of Labor Statistics released the October jobs report earlier today, and it’s a doozy, with a multitude of numbers on the nation’s
