Read Today’s Top Story: Miami-Dade home sales increase again

Current Market Data

3 Things to Know About the Most Powerful Man in Housing

Mel Watt, the recently installed head of the FHFA, delivered his first major address on housing this week; here were the main takeaways. #171644428 / gettyimages.com Mel Watt, who is the director of the Federal Housing Finance Agency (FHFA),

Shocker: Even FICO Thinks Lending Standards are Too Tight

It’s one thing for NAR to think that lending is too strict, but now even FICO has thrown its voice into the mix. #182982451 / gettyimages.com For some time, tight lending standards in the post-bubble housing market have been

Vast Majority of Miami Listings Below Conforming Loan Limits

With talk in the air about overhauling Fannie Mae and Freddie Mac, how much sway does conforming loan limits have on our market? #157336161 / gettyimages.com Fannie Mae and Freddie Mac, the massive government-sponsored entities that are responsible for the

Trulia: Asking Prices in Miami Continue Their Ascent

Prices have risen strongly thus far in 2014, and April only continued that hot streak. #122676840 / gettyimages.com Miami’s home price increases in 2014 continued in April, with asking prices rising 13.6 percent yearly and 2.9 percent quarterly, according to the latest

The 6 Assorted Reasons that People Prefer New or Existing Homes

Some consumers prefer newly built homes, while other prefer existing residences; why is that? #486077819 / gettyimages.com It’s always been a give-in that some consumers will prefer newly built homes while others opt for an existing residence, but an

5 Good Things Happening Right Now in Housing

There’s been quite a bit of negative press swirling around housing lately, but we’ve got some pleasant developments to hang your hat on. #461497687 / gettyimages.com There’s no two ways about it – the last few weeks, at least

Miami Housing Inventory Continues Radical Ascent in April

Did our area’s long-term housing inventory trends continue last month? #171583862 / gettyimages.com According to the latest analysis by Movoto, inventory in the Miami area was up 31.0 percent last month, which was the second most among the nation’s largest metro

Career Successes/Retirement Propel Luxury Housing Market

Realtor.com’s survey of luxury housing continues to yield interesting findings about that most important sector of housing. #479997555 / gettyimages.com The last couple weeks, we’ve been covering realtor.com’s survey of the luxury housing market with glee, with our stories

A Surprising Number of Homeowners Suffer “Buyer’s Remorse”

We don’t like to pair the term “buyer’s remorse” with real estate, but new survey results suggest we should. The term “buyer’s remorse” is often associated with cars and appliances, but a new survey from Redfin suggests that a

Spring Brings Double-Digit Price Increases to Florida Market

This year’s stellar home-price gains continued into the spring, according to CoreLogic’s latest analysis. #485935355 / gettyimages.com Home prices in the Florida housing market rose 10.9 percent year-over-year in March, according to the latest Home Price Index from CoreLogic. That

Even With Price Hikes, Homeownership Still the Better Deal in Miami

Home prices have increased in a hurry the last year, but has that made homeownership any less practical in certain markets? #476846255 / gettyimages.com In the immediate years after the housing bubble popped, the answer to “rent or buy?”

The 4 Things Currently Ailing the Housing Market

Housing has gotten off to a slow start in 2014, and as we approach the year’s halfway point, a diagnosis is in order. #485205213 / gettyimages.com If the last couple of weeks have made anything clear, it’s that the

The 4 Biggest Challenges Facing Luxury Homebuyers Today

What are the most troublesome obstacles faced by luxury homebuyers in today’s housing market? Earlier this week, we reported on a fascinating new study by realtor.com, which looked at what features today’s luxury homebuyers desire the most in a home.

3 Intriguing Details About Today’s Mortgage Environment

The mortgage markets may have undergone a radical change since 2008, but some details may still surprise you. Last week, we reported a rather sobering statistic – according to record keeping by Ellie Mae, the average FICO score for

Residential Construction in Miami Posts Huge Declines

Residential construction has been making a tepid comeback in recent months; how did March play into that narrative? Let’s put it this way – March was both a rather disappointing month for residential construction in the Miami area, according

New Construction Numbers Offer Pleasant Springtime Surprises

It’s been a rough year so far for new construction, but March’s report from the Census Bureau offered some pleasant, unexpected surprises. Residential construction spending in March rose 0.8 percent from February to a seasonally adjusted annual rate of $369.8

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