Current Market Data
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
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
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
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
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
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
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 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
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
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,
More than one-third of people — 35 percent — who bought homes last year submitted a bid without ever seeing the homes in person. According to a recent Redfin, this is an increase from 33 percent in May 2017 and significantly
If you’re thinking of buying or renting a property in Miami in the new year, you may want to consult your checkbook first. GOBankingRates looked at Zillow’s year-over-year home value and rent forecasts as well as the U.S. Bureau
While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes
In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the
Rich millennials, dubbed the “New Aristocracy”, are shaping to be a profitable and impactful generation in the world of real estate. According to a recent report by Luxury Portfolio International, New Aristocracy buyers, driven by large inherited wealth, are
According to new analysis of a consumer survey from the National Association of Realtors, the vast majority of non-homeowners said that they want to own a home in the future. NAR recently analyzed the results of its 2017 Housing
