Current Market Data
The housing market has undergone yet another pronounced change in the last couple months, bringing about a whole new set of trends to follow. It was early 2013, and it finally seemed, after a prolonged slumber, that housing was
August was a solid month for single-family home construction, according to the latest analysis by the U.S. Census Bureau. Single-family housing starts were at a six-month high in August according to the latest report from the U.S. Census Bureau, rising
It’s become a common trope in housing circles to bemoan the lack of first-time homebuyers in today’s housing market, but are they really lacking? First-time homebuyers are an essential component to a strong, sustainable housing market. Not only do
Housing inventory seems to have finally turned the corner nationally, but what of here in Miami? The nation’s inventory of housing has been a major topic of conversation among analysts and real estate professionals alike this year, but if
Homes in 2013 have sold better than at any time since 2008, and we’ve dug up three promising trends for those home sales. Home sales have been putting up some encouraging numbers in 2013. Though rising mortgage have taken
Everyone has been holding their breath on when the higher mortgage rates will impact home sales; when exactly will that happen, though? When mortgage rates began their dramatic rise back in May, it was more a matter of “when”
Foreclosure activity in the Magic City remains high, but it’s fallen by a decent amount from 2012. Foreclosure activity in the Miami area was down a promising 18 percent year-over-year in August according to the U.S. Foreclosure Market Report from RealtyTrac,
Home seller incentives became quite common during the down years, but are they still common in 2013? During the months following the housing downturn in 2008, homebuyers found themselves in a interesting position – they were in charge. With
Though Miami’s housing market has made notable strides in the last couple of years, the problem of negative equity lingers on. Though the Miami housing market has made quite a bit of progress in the last year, more than a third
The NAHB’s Improving Markets Index has been closely tracking the housing recovery, and it put up some its best numbers yet in September. The National Association of Home Builder’s Improving Markets Index, one of the leading measures of the
The nation’s mortgage markets have improved dramatically in the last five years, but how many negative equity properties linger here in Miami? More than eight million homeowners are own the verge of reaching positive equity, according to the U.S.
Though the Miami market seems awash in new construction, Ugo Colombo has announced yet another condominium project. There may be 160 new condominium towers already planned for South Florida, but that’s done little to stop Ugo Columbo, the veteran
The homeownership rate has been on a steady decline the last five years, but will that trend continue? The homeownership rate has decreased in the last five years, according to Census Bureau data, and as a result, renting has
Much has been written about how rising mortgage rates will impact the housing market, but now we have a glimpse at how they’re affection consumers. The dramatic rise in mortgage rates has been the major story in housing this
The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,
Asking price growth appears to be slowing nationally, but was that the case here in Miami? Miami’s for-sale market continued to outpace its strong rental market in August, according to the latest Price and Rent Monitors from real estate website Trulia.