Current Market Data
Looking at real estate data over the last decade, some clear trends emerge in terms of costs, demographics and housing stock. See how this has impacted the market in the Miami area.
Though fewer and fewer Americans are moving, real estate professionals in Miami can take comfort in the idea that national migration patterns are still working in their favor.
The tech giant shares exclusive data with Agent Publishing on how paid ads can provide a back door to your listings.
The association brought together a group of economists to provide a forecast of the market, and the consensus is that housing construction shortages will continue into next year.
It seems 2020 will be a challenge for buyers – “not because of what they can afford but rather what they can find,” according to Realtor.com.
Also included in the report is the finding that millennials are generally unconcerned about qualifying for a home loan.
Fannie Mae and Freddie Mac loan limits will be raised to more than half a million dollars.
The number of new homes sold shot up over last year, according to Census data from October.
The rebound could mean an accelerating market nationwide.
Existing home sales were on somewhat of a rebound in October in the South and Midwest regions, showing growth from the previous month, while the Northeast and West experienced continued declines, according to the National Association of Realtors.
Two percent jump in housing starts nationwide could mean lower chance of recession
Don’t get caught “running naked through the woods.”
Housing starts make progress in September, showing signs of more housing on the way.
More than two-thirds of homebuyers believe housing availability getting harder.
All 50 states saw a boost in prices last month. CoreLogic reports half of millennial homebuyers used retirement savings to help them purchase their first home.
The Fed cuts interest rates while a Commerce Department report notes recent economic growth was driven in part by the real estate sector.
