Current Market Data

Will Climate Change Sink Miami’s Real Estate Market?

Climate change is a problem for everyone, but Miami is in a particularly sensitive position; how will that affect its housing market? Miami’s real estate market has undergone a stunning about-face in the last three years. Driven by international

The End of Suburban Sprawl?

A new study suggests we may be seeing the beginning of the end of suburban sprawl. #147480838 / gettyimages.com Since the early 1940s, many of the United State’s most prominent metro locations have been characterized by sprawl, which refers

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

The True Cost of Renting in Miami

I bet that up to right about now, none of you have ever heard of a “housing burden.” If you are a renter or homeowner then it’s time you pay attention to the term. Every now and then, us

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

Large Number of Miami Owners Face Housing Cost Burdens

Cost burdens have become commonplace in housing, and they’re especially pronounced in the nation’s largest metro areas. #145868156 / gettyimages.com The housing market has bounced back in a major way the last couple years, but it’s introduced us to

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

Buyer Traffic in Miami Down Substantially From Last Year

Anyone can observe that buyer traffic is down from last year, but a new report tacks a number to that decline – and it’s a big one. #159449352 / gettyimages.com We’re hardly the first publication to point out that buyer

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

The 4 Big Challenges Housing Faces in the Coming Years

Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages

CoreLogic: How Many Foreclosures Has Florida Completed?

The nation continues to improve, clearing out thousands of foreclosures each month, but some states and cities are doing better than others. In May, the national foreclosure inventory continued its 31 consecutive months of year-over-year declines, dropping 4.8 percent,

REO Wars, Episode V: The Empire Strikes Back?

REO listings have been on a steady decline for some time, but have they reverse course in 2014? #101057102 / gettyimages.com The decline of distressed home sales has been one of the great success stories of the housing recovery.

Zillow Report: Dwindling All Cash Purchases Helping to Stabilize

Cash is still king, but for how much longer. New Zillow report reveals dwindling all cash purchases in many metro areas. When the housing bubble collapsed in 2007 and home prices plummeted, forward-thinking investors seized an opportunity to snatch

Miami Asking Price Increases Among Nation’s Strongest in June

The good news train continued rolling in June with the release of Trulia’s latest Price Monitor. #475618395 / gettyimages.com Asking prices in the Miami area rose a hefty 14.6 percent year-over-year in June, according to the latest Price Monitor

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