Current Market Data
The U.S. Census Bureau’s monthly New Residential Construction report showed builders broke ground on new homes and apartment buildings at a much higher rate in August compared to the prior month or last August. Housing starts grew by 9.2
Economists predicted it and many real estate agents have already been seeing it. Now more data is beginning to show Americans are shopping for homes where their tax bills might be lower, likely in response to new federal tax
As baby boomers gracefully round the corner into their golden years, Trulia found that the already strained housing market tightens a bit further as they hold onto their homes into retirement. Defined as the population born between the years of 1945 and 1964, aging them
There are already approximately 100,000 Gen Z homeowners and that number will only continue to increase. While they share some concerns with earlier generations about affordability, 83 percent of Gen Z see themselves entering the real estate market within
Neighborhood amenities can make a difference on how much buyers want a specific home, and there is one amenity that seems to have a larger impact on home values than any other – Starbucks locations. A recent study by
Homeowners throughout the U.S. are benefitting from recent home price appreciation by way of swelling home equity values. A Sept. 10 report from the data firm Black Knight estimated that the total value of “tappable” equity for the entire
When searching for a new home, buyers have a lot of ideas about what they are looking for, from the layout to the design elements and even materials and finishes. In order to get an idea of what homebuyers
In keeping with a decades-old trend, an analysis of Census Bureau data by the National Association of Home Builders found that the median size of a lot on which a new home was built in 2017 reached a record
South Florida, and the state as a whole, continues to log higher rates of foreclosure than the rest of the nation. According to a report from Attom Data Solutions, Florida saw the largest year-over-year increase in the number of
The homeownership rate among minorities continues to increase, but there is still some progress to be made, according to the National Association of Home Builders. The homeownership rate among all minority groups in the second quarter of the year
The middle of the summer has brought signs that the hot U.S. housing market is leveling off as sales slow and listing prices are cut. Those trends have fueled fears of a broader contraction and the coming of a
New national home sales figures released by the National Association of Realtors Aug. 29 continue to show a housing market that can’t keep pace with prior years of stellar performance. For the seventh month in a row, NAR reported
The latest home and condo sales data from Florida Realtors shows resilience throughout the state’s housing market as well as in the Miami metro area. Statewide, home prices continued to grow at an annual rate of 6.3 percent in
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady
The Miami Association of Realtors reported that median home prices are still lower than they were at their peak in 2007. The median single-family home price prior to the recession was $380,000 and is now just $335,000. As for
Miami’s housing market may be turning toward one favoring buyers moreso than sellers. That’s one finding from a new study of Miami-Dade County’s real estate market by the Miami Herald and polling firm Bendixen & Amandi International. The study
