Current Market Data

Miami ranks 12th priciest luxury market in the U.S.
Miami ranks 12th priciest luxury market in the U.S.

The flight of homeowners from large urban centers to the suburbs has unexpectedly begun to reshape residential real estate, but luxury property in large cities have also gotten a boost from the hot market.

Walkability now less important to Miami buyers
Walkability now less important to Miami buyers

“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather

Are condos the new bargain property?
Are condos the new bargain property?

A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.

Remote workers could continue to drive the post-pandemic market
Remote workers could continue to drive the post-pandemic market

A new report from Homes.com shows that prospective homebuyers are still waiting to see if they will work from home permanently.

Here’s how long it takes buyers to save for a down payment in Miami
Here’s how long it takes buyers to save for a down payment in Miami

It takes Miami homebuyers 9.19 years to meet the minimum threshold of 20%, or $79,000, to qualify for a mortgage.

Where can I park my yacht? Demand for private marinas is on the rise
Where can I park my yacht? Demand for private marinas is on the rise

South Florida buyers are looking to purchase homes or condos with space to park their yachts and boats, giving them the freedom to hop on their boat anytime in the event of another lockdown.

Housing demand likely to stay high for years, according to new study
Housing demand likely to stay high for years, according to new study

There are 5.7 million “missing” households since the Great Recession, a fact likely to boost housing demand for at least the next several years.

Pending home sales down slightly as home prices continue to rise
Pending home sales down slightly as home prices continue to rise

Nationally, contract signings are up 20.2% compared to a year ago, but industry insiders say high prices are beginning to affect sales.

Despite economic uncertainty, home price gains soar to 7%
Despite economic uncertainty, home price gains soar to 7%

Despite continued economic uncertainty from COVID-19, housing markets continue their upward projectory.

New house flipping show enables viewers to invest while watching
New house flipping show enables viewers to invest while watching

New Instagram video show American Dreamhouse emerges from the intersection of the popularity of fix-and-flip shows, interior design and audience interest in finding novel ways to generate extra income.

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