Current Market Data

4 Reasons that Home Price Growth Will Slow Down

The rapid rise in home prices has been one of 2013’s major economic stories, but there’s mounting evidence that those increases will slow down – and soon. If there’s been a poster child for the housing recovery, it’s been

Builder Confidence in August at Highest Point in Nearly 8 Years

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Housing Inventory in Miami Up 6.2 Percent in July

Housing inventory in Miami was up in July; how do those increases, though, compare with the rest of the nation? Housing inventory in July increased 6.2 percent year-over-year in Miami, and though inventory was down 16.2 percent nationally, the latest

How Healthy Are Miami’s Mortgage Markets?

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

Freddie Mac/Fannie Mae Post HUGE Q2 Incomes – Casts Doubts on Reform?

The second quarter was a spectacular one for Freddie and Freddie, but are such successes problematic for the government’s reform efforts? Fannie Mae and Freddie Mac had mighty good second quarters – not only did the GSEs post respective

MBA: Delinquency Rate Now At Lowest Level Since 2008

The nation’s mortgage markets continued to improve in 2013’s second quarter, with the MBA’s report being one of its most positive. The mortgage markets improved in several notable ways in the second quarter, according to the latest National Delinquency

What are the Nation’s Busiest Housing Markets?

Is Miami among the busiest housing markets in the U.S.? A new report from Redfin shows how the Magic City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the

CoreLogic: Home Prices Up 11.9 Percent in June

June was yet another banner month for home prices in CoreLogic’s Home Price Index, but could home price gains be slowing down? Home prices continued their sterling performance in June, rising 11.9 percent year-over-year in the latest Home Price

Trulia: Asking Prices Up 12.2 Percent in Miami in July

Asking prices in Miami were up 12.2 percent in July, though that activity came amidst a slowing housing market. Asking prices in July were up 12.2 percent year-over-year in Miami in the latest Trulia Price Monitor, a leading measure

Residential Construction Up 23 Percent in June

Residential construction spending continued to lead the pack in June, posting strong year-over-year gains in the latest Census Bureau report. Overall construction spending may have down in June, but it was another great month for residential construction spending, which

3 Important Trends in Housing For the Rest of 2013

The housing market has grown in many interesting ways so far this year, and agents will have some interesting details to consider for 2013’s second half. The housing market has cut an encouraging path the last six months. What

WWBD: What Would Buyers Do For That Dream House?

Homebuyers have a number of worries regarding the housing market, as the summer draws to a close; what lengths would they go, though, for that dream house? Earlier this week, we reported on the seven things that worry homebuyers

CoreLogic: Foreclosure Inventory Down 28% in June

The nation’s foreclosure markets continued to improve in June, according to the latest report from CoreLogic. CoreLogic’s National Foreclosure Report for June brought further good news to the housing recovery, with foreclosure inventory and completed foreclosures both showing encouraging

The Enormous Potential of Millennial Homebuyers

Everyone says that Millennial homebuyers offer a huge opportunity for housing, but now, we can finally put a number behind it – and it’s a big one. It’s no mystery that Millennial homebuyers have been missing in action thus

The 7 Things That Worry Buyers Most about the Buying/Selling Process

In the last year, we’ve entered a new world order in real estate, and homebuyers are facing a number of concerns as a result. It’s a new world out there in the U.S. real estate market. Gone are the

Pending Home Sales Near Six-Year High in June

Pending home sales were at their third-highest level since 2006 in June, but are rising mortgage rates beginning to have an impact? Pending home sales were at their third-highest mark in more than six years in June, though industry

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