Current Market Data

Trulia: Miami Asking Prices Leap 14.3% in January

Miami’s housing market continued to grow in confidence in January. Asking prices in the Miami housing market increased 14.3 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia. Even better, Miami’s 6.1 percent quarterly increase

CoreLogic: Florida Home Prices Rise 9.9% in 2013

Florida’s housing market showed some definite positivity in 2013, according to CoreLogic. Home prices in the Florida marketplace rose 9.9 percent in 2013, according to the latest CoreLogic Home Price Index. Prices were flat from October to December, but even

Census Bureau: Residential Construction Jumps 18% in 2013

Last year proved a very positive one for residential new construction, according to the final Census Bureau numbers. Residential construction spending finished out 2013 at a very fine $352.6 billion, according to the final number crunching by the U.S.

Redfin: 13.7% of Miami’s Listings Pending in Two Weeks

Has Miami’s housing market picked up any steam in the last year, or is it moving sideways? We’ve been reporting with marked regularity on how the nation’s housing market has slowed down, but is that trend consistent here in

NAR: Housing Inventory in Miami Rises 17%

Housing inventory is something we follow pretty closely, and realtor.com’s latest numbers suggest quite a bit about the current housing market. Oh housing inventory, how we love you. One of the major narratives of the housing recovery, it seems

Residential Construction in Miami Up 52% in December

Miami put up some of the strongest residential construction numbers in the U.S. in December Residential construction in the Miami area totaled $339 million in December, according to the latest number crunching over at McGraw Hill Construction. Not only

CoreLogic: Miami Foreclosure Inventory Down 35%

Florida’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Florida’s foreclosure marketplace continued on the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, 6.7 percent of the

Pending Home Sales Drop 8.7% in December, is Housing in Trouble?

Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to

NAR: Existing-Home Sales Leap 9.1% in 2013

Existing-home sales enjoyed a very healthy 2013, though it’s unlikely the market will repeat that performance in 2014. The housing market capped off a successful year in existing-home sales in December, with sales rising 1.0 percent from November to

3 Reasons Not to Freak Out About the Weak New Home Sales Data

The Census Bureau’s latest report on new home sales was a bit weak, but that does not mean that the sky is falling. We’ll get the bad news out of the way first: the sales of newly built single-family

Miami Posts Best Price Increase in the Nation in Nov. Case-Shiller

November 2013 was a good month for home prices in Miami, according to the latest Case-Shiller report. Nov. 2013 was a soaring month for home prices in Miami, with the Magic City posting the strongest monthly increase in the

Compared to Int’l Markets, Real Estate in Miami is a Steal

We may complain about high housing costs in the U.S., but internationally speaking, we don’t have a leg to stand on. It’s a common complaint among consumers that their rent/mortgage payments are too high, but if they only knew

MAR: Median Sales Price in Miami Up 15% in December

December was yet another strong month in Miami real estate, according to the latest analysis. Miami’s housing market capped off its sterling 2013 performance with a strong December, according to the latest analysis by the Miami Association of Realtors

The 7 Costs of a Single-Family Home’s Construction

We’ve looked at how newly built homes are priced and how those prices have changed in recent years; now, we look at costs. The last couple weeks, we’ve looked at both how a single-family home is priced and how

Miami 2nd Most Popular Market for Foreign Homebuyers

Foreign homebuyers have been one of the more interesting developments in U.S. real estate in recent years, especially here at home. Miami was the second most popular real estate market for foreign homebuyers in Nov. 2013, according to analysis by Realtor.com.

What Salary is Needed to Buy a Home in Miami?

How affordable is our city’s housing market, when we view the topic from a salary-centric perspective? With nationwide interest rates on the rise and home prices jumping aggressively in certain marketplaces, housing affordability has once again become a hot-button

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