Current Market Data
Millennials are interested in smart homes, and are willing to pay more for them. Because these 18- to 35-year-olds represent the first generation born into the digital age, they are thought of with negative connotations like laziness and vanity.
In a recent poll about what baby boomers want as they move into retirement, many said they are looking for homes near their grandchildren and homes with a multi-car garage and storage. According to the Del Webb Baby Boomer
It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9 percent from July 2016
In 2017, the home trends seem to indicate that people want to spend more time outside, but not far from home. Porches seem to be swinging back in style with a majority of new home construction projects begun in
Source: Sherwin-Williams Sherwin-Williams released its 2018 Color Forecast, where Oceanside was named color of the year. Oceanside (SW 6496), a rich, deep blue color, won for its comforting warmth, while still leaving a hint of the unknown, evocative of
It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017. CoreLogic released
Homeowners in 2017 want a lot in their bathroom space. However, what used to be one of the main bathroom components — the bathtub — is one they do not want, preferring alcove or corner showers. Houzz recently released their
Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years, according to a new report from ATTOM Data Solutions. Flipping trend on
As population demographics continue to change, so too does the fate — and face — of the average American homebuyer. Accounting for nearly 17 percent of the U.S. population, the typical homeowner is more likely than ever to be
Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating
Fannie Mae released a report showing overall confidence increase in the housing market yet homebuyer confidence dips to an all time low, creating a split housing market. Fannie Mae’s 2017 Home Purchase Sentiment Index (HPSI) increased to 88.0 which is three percentage points
A new study by HSH.com reveals exactly what salary Americans must earn in order to afford a median-priced home in any given metro. For Miami residents, the cost of homeownership rings in at exactly $71,644.01 a year, a 9.25
According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average
On Tuesday, the White House officially announced President Trump’s decision to phase out the Deferred Action for Childhood Arrivals (DACA) program, pending a sixth month grace period. Though economists remain unsure about what implications — if any — a
Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by
A new study by Zillow reveals that rent growth continues to eclipse income growth for Miami’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in
