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Millennial homebuyers worked overtime, sold cryptocurrency for down payment savings

To make ends meet while saving up for a down payment, cash-strapped millennials are getting creative. A Redfin survey of 2,000 millennial homebuyers (age 24 to 38) found nearly four in 10 took on a second job to accrue

Homebuying trends among Gen X

As millennials begin to take over the homeowning population, Generation X buyers are making up a smaller portion of the housing market, accounting for just 30 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the millennial

More homeowners are investing in renovations to help boost resale value

The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to

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Miami condo market favored buyers in May

The latest market data release from the Miami Association of Realtors focused on the continued strength of the area’s luxury housing market in May, but insights into other segments were also included in the report. Specifically, the Miami Association

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

Miami luxury home sales rose 24 percent in May

Miami homes and condos priced at $1 million and above sold 24.1 percent higher in May 2018 compared to the same month last year, according to the Miami Association of Realtors. Luxury condos led the jump in purchase activity,

Florida home sales, prices, inventory rise in May

The latest monthly report from Florida Realtors begins with a trifecta of growth figures for May 2018: Home sales and median prices each rose during the month, along with the number of listings available. That means a little good

‘Wall Street South’? New York financiers decamping to Miami in droves, report says

South Florida developers and real estate professionals have capitalized on the federal tax reforms that hurt high tax states like New York and Connecticut by pitching Miami as an attractive, low-tax alternative. The work appears to be paying off,

Miami added the fifth-most new residents in the country this year

In a new Redfin report, Miami was ranked fifth out of ten U.S. metros expected to have more residents within the next year. The city already has gained 2,295, new residents in the first quarter of 2018, compared to

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What millennials are willing to compromise on to buy a home

Millennials may be working hard to buy their dream homes, but many find themselves compromising to fulfill their goals of homeownership. According to a survey from ValueInsured, 85 percent of millennial homeowners compromised when buying their dream house. Survey

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The 5 Miami neighborhoods with the lowest condo supply

One of the prevailing narratives defining Miami real estate in the last few years has been the overabundance of condos, particularly in the luxury market and located in the city’s hottest sub markets. That has certainly been the case.

The 5 Miami neighborhoods with the lowest single-family supply

Total home sales declined by 7.5 percent in the first quarter of 2018 when compared to the same time last year, according to the Miami Association of Realtors. At the same time, the median home price in the area

Landscaping can increase home values up to 13 percent

Sprucing up the curb appeal is one way homeowners can significantly increase the value of their home. A well-manicured property can increase a home’s value by anywhere from 6 percent to 13 percent compared to a property with no

NAR: Home sales expected to increase in 2018 despite housing shortage

Home sales across America are expected to continue rising throughout 2018 thanks to the nation’s stronger economy. The National Association of Realtors’ Chief Economist Lawrence Yun predicted the increase in sales during his 2018 mid year forecast. According to

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Miami’s single-family luxury market is soaring

The luxury market in Miami has gotten off to a strong start this year as sales volume and prices for luxury homes have both increased. Total luxury homes sales climbed by 12 percent in the first quarter of 2018,

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