Current Market Data
Despite a drop in interest in August, Redfin research shows an uptick in the presence of perspective buyers. In August, Redfin reported a market-wide drop in homes for sale and new listings that hampered the searches of perspective buyers.
We often hear about how the nation’s mortgage markets need reform, but the solution could come from the most unexpected source. One of the most common refrains in the post-bubble housing market has involved lending standards, and that if
Though the elusive shadow inventory has dwindled, forthcoming changes to mortgage debt relief could lead to a swell in foreclosures over the next year. Trudging through the sludge of economic debris left over from the cataclysmic crisis that sent the U.S.
All research points to Hispanic consumers having an outsized effect on the U.S. housing market in the coming years. Hispanics are the fast-growing group of homebuyers in America, and they will hold significant sway over where our housing market
Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Miami’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.
Research from Zillow finds millennial values toward homeownership may be more traditional than older generations. It’s no secret that as more millennials reach homebuying age they’re opting to remain renters in lieu of entering the market. However, despite what many
A new ranking of the nation’s top luxury housing markets places Miami among some esteemed marketplaces. Our beloved Miami is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check
Miami foreclosures remain above national rates, but down significantly from 2013. In January 2013, Miami foreclosure and 90-plus day delinquency rates were nearly double what they are today – triple in the case of foreclosures, actually – confirmed CoreLogic
While home prices continued increasing in August, their pace slowed. Here’s why it’s a good thing… While 2013 was a year of continued turmoil for the nation’s housing market, this year is proving to be the industry’s growing period,
CoreLogic report outlines the country’s foreclosure progress, and it looks promising. The national foreclosure inventory continues to dwindle. However, we’re more than five years removed and rates remain well above normal, pre-crisis levels, according CoreLogic’s most recent foreclosure report.
Americans everywhere are tightening their belts, but still our houses are getting bigger. Why? Considering the realities of today’s housing market – that the empty nester population is growing and environmental sustainability is more and more dictating the direction
Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Miami in 2014’s third quarter was $1,147, a 1 percent increase from the second quarter and a 3.4
How does the down payment in Miami compare with other metro areas? According to analysis from LendingTree, the average down payment in Miami is 18.02 percent of the mortgage, which comes out to $53,716. How does this compare with
Construction is the residential sphere is quite positive in Miami in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent
Older Americans are carrying their housing debt later into life, and as a result, they’re struggling financially. A lot of attention has been given to student loan debt lately, particularly in regards to the impact it’s having on young
The term “bubble” gets thrown around often nowadays, but does data support such statements? The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller coast ride and
