Current Market Data
The trend toward lower mortgage rates doesn’t appear to be a short-lived phenomenon, and has already boosted loan application activity to historically high levels. As a result, lending industry executives are responding with their most optimistic outlook on the
Weekly mortgage applications rise most in four years The number of mortgage applications filed during the week ending June 7 grew nearly 27 percent over the prior week, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. That’s
A new report by home remodeling website Fixr lists the top 20 metropolitan areas in the country for the number of construction permits filed in 2018. The list includes many “usual suspects” like New York, Los Angeles and Chicago
Two recent measures of Americans’ confidence in the national housing market improved in the last month, showing that more homeowners as well as consumers are generally feeling more optimistic about this key segment of the U.S. economy. One of
The practice of home flipping in the U.S. declining in strict numbers, even as it grows as a share of all home sales, according to a new report on the subject by ATTOM Data Solutions. The report looked at
The eighth annual Houzz & Home Study, released June 5, revealed the trends, desires, budgets and challenges of homeowners taking on remodeling projects. These takeaways will help you assist clients who are looking to upgrade their living spaces. Spending
A surge in demand for homes combined with a widespread shortage of supply caused home prices to surge beyond the reach of many buyers in the last year. Fortunately for prospective buyers and the U.S. housing market at large,
It’s clear we’re in a transitional real estate market at the moment, but the destination isn’t quite as obvious. While this year has been notoriously difficult to predict in terms of home sales, there are three indicators that can
Home sales in the Miami area and throughout Florida rebounded decisively in April after a sluggish start to the year, based on new data released by the Florida Realtors association May 21. In the Miami metro area spanning across
Miami remains one of the top destinations for Americans looking to move elsewhere, according to a recent analysis from Redfin. The online home listing company compiled data from approximately 1 million users who searched for homes for sale on
Industry confidence in the single-family housing market for older adults reached an all-time high last quarter. The National Association of Home Builders’ 55+ Housing Market Index continued its recent incline with a reading of 72, up six points from
Condo sales drove big gains in the Miami housing market last month, thanks in part to the continuing impact of the new federal tax code and, in a more recent development, a decline in mortgage rates. According to the
Hosting an open house event within a week of listing a home on the market may help that listing sell faster and for slightly more money in Miami. But in other parts of the U.S., not so much, according
After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February and
Buyers and sellers across the Miami area faced favorable prospects in the first three months of the year, according to a report from Douglas Elliman Florida compiled with the help of Miller Samuel Inc. Overall, though, it was a
In the first quarter of 2019, luxury condos for sale throughout South Florida showed significant price gains compared to a year ago. According to the latest quarterly report on the region’s luxury home and condo market from The Keyes
