Current Market Data
In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State
Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by
In a strong sign for the local housing market and economy, new data from the U.S. Department of Labor showed Florida added the most employees of any state in February, the latest month for which state-level data were available.
Miami has been a boon for homebuyers lately, as more developers work to move new homes and condos off the market in the wake of a yearslong building boom. To make it happen, price cuts have become common across
Miami joins many cities across the country in posting a steep drop in the percentage of homebuyers facing competition to get to the closing table. That’s per a new study by Redfin, which compares the percentage of buyers who
The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home
For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home
The state of the U.S. housing market has shifted rapidly in the last few months, but are consumers keeping up? A new survey from the National Association of Realtors makes the case that low mortgage rates and increased inventory
Miami is quickly becoming one of the most attractive destinations for technology professionals, thanks in large part to rapid job growth in this sector locally. According to a recent nationwide report from RentCafe using federal data, the Miami metro area
Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the
One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a
Real estate agents in the Miami area may be ramping up marketing efforts that target condo buyers, as recent data show a local market primed for sales opportunities. Some condo owners and developers are even launching their own campaigns
Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes
Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted
By the end of 2018, far fewer homes across the U.S. were selling for more than their list price, according to a recent report from Zillow. However, a close examination of the data shows that may not be a
Median prices for single-family homes and condos in the Miami area grew at a faster rate than the national average in the final quarter of 2018, according to the latest data from the National Association of Realtors. Compared to
