Current Market Data
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.
“Much of what makes walkable neighborhoods so desirable and valuable has been diminished this year.” — Redfin chief economist Daryl Fairweather
A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.
A new report from Homes.com shows that prospective homebuyers are still waiting to see if they will work from home permanently.
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.