Current Market Data
It takes Miami homebuyers 9.19 years to meet the minimum threshold of 20%, or $79,000, to qualify for a mortgage.
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.
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.
Nationally, contract signings are up 20.2% compared to a year ago, but industry insiders say high prices are beginning to affect sales.
Despite continued economic uncertainty from COVID-19, housing markets continue their upward projectory.
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.
October marked the 107th consecutive month of price appreciation in Miami, according to MIAMI Realtors.
2020 has seen much speculation that COVID-19 is driving households away from cities to lower density places in the suburbs. RCLCO looks at whether 2020 is indeed the year of the suburbs.
The boost from loosening credit, along with rising house-buying power, equity and household formation, was strong enough to overcome the negative impact on housing market potential from the increase in tenure length so far in 2020, says Chief Economist Mark Fleming.
Empty commercial space is a looming crisis. What if all that unused real estate were converted to housing?