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

Current Market Data

Time on Market in Miami Down 7.59%

Median time on market was way out of whack during the years of the downturn; has it finally turned the corner? Time on market has been among the most oft-watched measures of the housing recovery, and new numbers from

4 Ways First-Time Homebuyers are Losing Ground

Threatening to halt any progress the market made in recent years is the fact that first-time homebuyers are struggling mightily. In fact, the National Association of Realtors (NAR) recently reported that first-time homebuyers possess the lowest market share the

Price Per Square Foot in Miami Leaps 18.10% in February

Property values in Miami continued to increase markedly in February, according to the latest numbers. Home values have been rising steadily in many metropolitan housing markets, but did that progress end in February? Take a look at our graph,

The Future of Multifamily Housing, in 5 Easy Steps

Multifamily housing has been the darling of the post-boom housing market, but can it sustain its levels of success in 2014 and beyond? A couple weeks ago, amidst headline-grabbing reports on home sales and construction, there was a little,

The 4 Problems with Rising Home Prices

We know, rising home prices are a very good thing, but are there elements of housing that they actually harm? We’ll start off with an affirmative statement – there are many good things that come about from rising home prices.

CoreLogic: Florida Foreclosure Inventory Down 37% in January

Our fine state continued to make progress through its foreclosure inventory in 2013, according to new analysis. Foreclosure inventory in Florida is down a whopping 38 percent year-over-year through January, according to the latest National Foreclosure Report from data

What Features Will Be Most Common in New Homes in 2014?

The features in a new single-family home change all the time, but what trends will be most common in 2014? Granite countertops? Walk-in closets? Laundry rooms? Yes, yes and yes. There are many possible things that can go into

Asking Prices in Miami Up 12.4% in February

Confidence remains strong among Miami home sellers, with asking prices posting yet more increases in February. Asking prices in the Miami housing market increased 12.4 percent year-over-year in February, according to the latest Price Monitor from Trulia. In addition,

28% of Florida Properties Still in Negative Equity

How had the negative equity situation, both at home and abroad, progressed the last few months? Nearly 72 percent of mortgaged properties in Florida are in positive equity, according to the latest Equity Report from CoreLogic. That makes Florida

CoreLogic: Florida Home Prices Jump 12.5%

Home prices continued their double-digit performance in January, according to the latest CoreLogic numbers. Home prices in the Florida housing market rose 12.5 percent year-over-year in January, according to the latest Home Price Index (HPI) from CoreLogic, though prices

7 Important Tidbits About Today’s Housing Market

Housing’s importance cannot be questioned, though there is considerable nuance to where the market is heading. Last week, we looked at the latest study from the Demand Institute, and its eye-popping predictions on where home prices are heading for

Miami Housing Inventory Up 23.80% in February

Miami’s housing inventory continued to improve in February. Housing inventory in the Miami housing market increased 23.80 percent year-over-year in February, according to the latest State of the Market report from Movoto. Indeed, relative to other major housing markets,

What Share of Florida’s 2013 Home Sales Were New Construction?

We all know that new construction has made steady progress the last couple years, but what’s its share of home sales? As we reported last week, new home sales remain historically low. Though they did hit their highest mark

New Residential Construction in Miami Up 30% in January

The latest numbers from McGraw Hill Construction gave us insights to the nation’s new construction markets. New residential construction activity in Miami increased 30 percent January, with total construction spending totaling $293 million, according to the latest economic data

Census Bureau: Construction Spending Up 9.3% in January

Construction spending continued to improve in January, with private construction showing particularly good progress. Construction spending may have been flat month-to-month, but its yearly progress was strong as ever, according to the latest report from the Census Bureau. At

The 4 Steps of Rate Lock-Ins, and Why They’re Trouble For Housing

Do you know what an interest-rate lock-in is? No? It could have a defining effect on housing in the coming years. Pop quiz hotshot: what is the market phenomenon known as the interest-rate lock-in, and how does it apply

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