Current Market Data
In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the
Florida posted one of the highest rates of job creation in the U.S. for 2018, helping lift the entire southern region to the top regional rate of job growth. According to the Bureau of Labor Statistics, the Sunshine State’s
While December home sales locally and nationally failed to meet expectations, certain sectors of the Miami housing market still saw growth in what was otherwise a dull finish to the year. According to data from the Miami Association of
The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of
The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since
At a key moment for the U.S. housing market, Redfin found more evidence that homebuyers are entering 2019 in perhaps the strongest position in years. The number of homes for sale in the nation’s largest markets grew 4.8 percent
More South Florida homes and condos sold for at least $1 million in 2018 compared to the previous year, according to a luxury market report from The Keyes Company. Across Miami-Dade, Broward, Palm Beach and Martin Counties, single-family home
Renting has long been more popular than homeownership in some areas, but it’s increasingly shifting from a strictly urban phenomenon to a suburban one. According to data analyzed by RENTCafé, a few Miami-area suburbs ranked near the top of
Conditions continue to improve for homebuyers in many of the largest U.S. cities, according to recent data from S&P CoreLogic’s Case-Shiller National Home Price Index and Redfin. The latest reading of the closely watched Case-Shiller index found home price growth
Bucking national trends, the Miami area and Florida as a whole recorded another strong month for sales in November, according to data from Florida Realtors released Dec. 19. In the Miami-Fort Lauderdale-West Palm Beach metro area, single family home sales
The National Association of Realtors reported Wednesday that existing home sales in November were up 1.9 percent from the previous month. That makes November the second consecutive month of increasing home sales as prices continue to moderate and listings
First-time homebuyers made up the largest share of the U.S. home purchase market since 2005 during the first nine months of 2018, according to a recent report from Genworth Mortgage Insurance. Florida in particular has seen its first-time buyer
It may not be surprising by now to hear that the next generation of young adults wants to follow in their parents’ footsteps and become homeowners soon. That’s also increasingly true for those who are currently renters. A new
Assumptions about how millennials will spend their money as they progress through adulthood continue to be proven inaccurate, or at least misunderstood. This is particularly true in real estate, specifically the places where Americans now in their 20s and
Housing inventory is steadily recharging around the U.S., giving potential buyers more options. RE/MAX’s latest national housing report found October was the first month to show a year-over-year increase in inventory in nearly 10 years. Compared to one year
As 2018 winds down, so too have several leading indicators of home sales activity: New and existing home sales, builder sentiment, price growth and more have taken a turn for the worse in the closing months of the year.
