Current Market Data

What Remodeling Projects are Worth the Dough?

There are oodles of possible remodeling projects for prospective home sellers, but which ones yield the greatest return on investment? Consumers are always looking for ways to increase the returns on their investments, and for most consumers, few investments

Time on Market in Miami Down 49%

Market activity in Miami has quickened considerably, according to a new series of stats from Redfin. Miami’s housing market had the need – the need for speed – in October, with time on market in the area falling a

5 Critical Details about New Residential Home Sales in October

October would seem to be a rockin’ good month for new residential home sales, but is there more to that data than meets the eye? Let’s start with the good news – according to the Census Bureau, new residential

CoreLogic: Florida Home Prices Rise 12.8% in October

Miami made it two for two in major home price indices, as the market continues to show signs of recovery. Home prices in the Sunshine state rose 12.8 percent year-over-year in October, according to the latest Home Price Index from CoreLogic.

Census Bureau: Construction Spending Up 5.3% in October

Construction spending was positive in October, but what do the larger trends say about construction in 2014 and beyond? For the second week in a row, the government has released promising numbers for construction, though there still remains considerable

Residential Construction in October at Highest Level in 5 Years

October was a great month for residential construction, with both the single-family and multifamily markets rising to new post-boom levels. Though the government shutdown handicapped the Census Bureau’s data on residential construction, what it did report in its latest

NAR: Pending Home Sales Down Slightly in October

Pending home sales were down in October, and there remain several pitfalls for housing in the coming months. Pending home sales fell yet again in October, and the terrain remains a bit precarious for housing, according to the latest

Residential Construction in Miami Up 120% in October

Residential construction has been on the rise throughout the country in 2013, but what of here in Miami? October was a very good month for residential construction in Miami. How good? Try this: according to the latest analysis by

Miami Home Prices Up 14.5% in September Case-Shiller

September was a another strong month of home price growth in the Magic City, according to the latest Case-Shiller Home Price Indices. Home prices in the Miami metropolitan area rose 14.5 percent year-over-year in September, according to the latest Case-Shiller

The 6 Most Important Homebuyer Considerations

Homebuyers have many things to consider when looking for a new residence, but what ranks among the top considerations? Buying a home is all about weighing the positives and the negatives, but as any real estate agent knows, not

Housing Inventory in Miami Up 9.23% in October

Round and round we go on the housing inventory roller coaster! Where did it stop in October? Existing-home sales may have dipped a bit from September to October, but there was one undeniably positive sign in NAR’s latest report

MAR: Miami Home Prices Hop 18.9% in October

October continued Miami’s strong housing streak, according to the Miami Association of Realtors. Miami home prices increased for the 23rd straight month in October, rising 18.9 percent year-over-year to $220,000, according to the newest analysis by the Miami Association

Existing-Home Sales Down in October for 2nd Straight Month

Inventory shortages continued to cramp existing-home sales’ style, according to the latest analysis by NAR. Existing-home sales were down for the second month in a row in October, falling 3.2 percent from September, according to the National Association of

The 5 Key Characteristics of Homes Purchased in 2013

What types of homes have proven most popular with homebuyers in 2013? We take a look at recent NAR data to find out. Consumer preferences are an ever shifting, evolving landscape, and few regions of the economy shift more

NAHB: Builder Confidence Unchanged in November

Builder confidence held steady in November, with more builders seeing conditions as good than bad. Builder confidence for the newly built, single-family home marketplace was unchanged in November from a downwardly revised level of 54 in the latest National

How Pricey, Really, is Miami’s Condo Market?

We often hear about how expensive condos are in our area, but how do they compare to other metro areas in the U.S.? Condo prices nationwide continued to increase in October, according to new analysis by the folks at

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