Read Today’s Top Story: Miami-Dade home sales increase again

Current Market Data

/wp-content/uploads/sites/4/2016/01/Elysee-Miami-top-5-condos-to-break-ground-2016.jpg
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,

miami-waterfront-homes-community-neighborhood
Single-family listings, home prices increase in Florida

An increase in new single-family home listings did not correlate to lower home prices in Florida, according to Florida Realtors. Inventory crept up in the first quarter of 2018, when 96,281 homes were listed, a 1 percent increase over

Luxury homes prices up nearly 8 percent in the first quarter

Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfin indicates prices of the top five percent

Single women buying twice as many homes as single men, study says

While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for

Home price increase in 2018 as inventory lags

Home prices are creeping up across the country as inventory continues to hover near all-time lows, according to the National Association of Realtors first quarter report. Total existing home sales declined slightly in the first quarter of 2018 versus

miami-waterfront-homes-community-neighborhood
Only 1 percent of Miami homes are affordable to restaurant workers

Miami is home to some of the country’s nicest restaurants and some of its glitziest real estate. And while restaurant workers certainly can’t afford Miami’s luxury housing, they also can’t afford anything else, according to a new study. Trulia

Miami single-family home inventory increased in March

Despite a nationwide inventory crisis that is hampering the housing market, Miami has actually seen increases in single-family homes for sale, according to the Miami Association of Realtors. Inventory of single-family homes increased 2.5 percent in March of this

Miami’s number of ‘super commuters’ explodes

Residents of modest means increasingly can’t afford to live in major urban centers, and the result is taking a toll on our highways and commutes. As more people seek cheaper housing away from inner cities, the number of “super

Homeownership continues to trend upward

The homeownership rate in the U.S. is trending upward, retaining the same 64.2 percent rate in the first quarter of 2018 as the last quarter of 2017, according to the Census Bureau’s Housing Vacancy Survey (HVS). The current rate

old-cutler-hammock-oaks-coral-gables-richest-neighborhoods-cnbc
Here’s how much you need to earn to afford Coral Gables

Trulia has crunched the numbers to determine the best neighborhoods for living well by ranking “universally loved” features like quiet streets, parks and proximity to schools and healthcare. Now, the online real estate giant had determined how much a

first-time-homebuyers-real-estate-agents-good-news
NAHB: Nearly half of those planning to buy a home this year are first-time buyers

Nearly half of those who are planning to buy a home this year are first-time homebuyers, according to the first edition of Housing Trends Report (HTR) from the National Association of HomeBuilders. The survey found that 17 percent of respondents

home-solar-systems-appraisal-value-real-estate-residential-energy-renewable
Buyers show increasing interest in sustainable homes

Sustainable and eco-friendly homes are becoming increasingly desirable to homebuyers. In a recent survey from the National Association of Realtors’ Sustainability Program, Realtor respondents reported that the majority of homebuyers — 61 percent — are interested in green living. Additionally, 71 percent say

Florida housing market suffers from high prices and low inventory

Low inventory and rising home prices continue to plague the Florida housing market, according to the newest data from Florida Realtors. In March, the median sales price for a single-family home in the state was $250,800 — an increase of

March existing home sales growing but still seeing constraints

March marked the second straight month of increases for existing-home sales in the country. Total existing-home sales rose 1.1 percent to an annual rate (seasonally adjusted) of 5.60 million, up from 5.54 million in February, according to NAR’s most

Multigenerational households gain popularity in the US

The percentage of Americans living in multigenerational households is at its highest since the 1950s. Using data from 2016, Pew Research Center estimated that 64 million people — or 20 percent of the U.S. population — live in a house

National mortgage rates on the rise, could impact housing prices

Years of historically affordable mortgage rates could come to an end as rates rise and are expected to escalate even further throughout 2018. So far, mortgage rates have increased nearly 50 basis points since the beginning of this year,

New Subscribe

  • This field is for validation purposes and should be left unchanged.