Current Market Data

Florida foreclosures up 35 percent in July

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

Homeownership rate among minorities rising

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

This-week-miami-real-estate-record-condo-auberge-beach-residences-ocean-terrace-height-the-jills-bristol-palm-beach
Fueled by tax changes, buyers pounce on warming Miami condo market

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

July pending sales miss the mark, led by price growth

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

Florida Realtors: Miami condo sales strong, inventory gains statewide

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

NAR: Majority of homes sold in July were on the market for less than a month

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

Miami home, condo prices still below pre-recession peak

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 real estate pros say buyer’s market imminent

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

High-cost cities see an increase in housing inventory

The lack of inventory has been troubling on the housing market, but a new report shows some areas in the U.S. are seeing an increase in inventory. Realtor.com released its Monthly Housing Trend report for July 2018, and according

miami-association-realtor-real-estate-single-family-condo-sales-inventory-price-November
Second quarter condo sales grow throughout greater Miami

As reports on the second quarter performance of Miami-area housing markets continue to appear, the latest release from Brown Harris Stevens zooms in even closer. BHS Miami’s Q2 2018 sales report details market statistics for most of the Miami

Single-family starts in 2017 were under pre-recession levels

There was an increase in single-family home starts in 2017 compared to the year prior, but the national average still fell short of normal levels seen before the recession. The 2017 Survey of Construction, released by the National Association

Inventory gains propel Miami, South Florida Q2 home sales

The South Florida housing market finished the first half of the year with continually firm sales buoyed by relatively stable inventory levels, according to a July 19 report from Douglas Elliman Real Estate. That puts the Miami market and

Q2 2018 was kind to South Florida luxury sales

During the second quarter of 2018, South Florida’s luxury housing market saw significant growth in sales volume and prices, according to a report from The Keyes Company. The report included a snapshot of South Florida home sales of at

US housing data shows signs of market shift

A combination of findings detailed in recent housing market reports in major metropolitan markets, as well as nationally, has some analysts predicting more favorable conditions for buyers in the coming months. Jeff Lazerson, president of MortgageGrader.com and author of

Luxury home market sees significant gains due to upward economic trends

With high-paying job growth and upward stock market trends, the luxury home market has seen significant changes in the first half of 2018, according to realtor.com. Despite luxury home prices rising 4.6 percent for $1 million-plus homes, sales have

The reasons why millennials don’t own a home

Millennials have turned out to be the largest generation in history, but they still make up the smallest percentage of U.S. homeowners among all generations. Although most millennials, those ages 18 to 34, have reached their peak homebuying years,

New Subscribe

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