Current Market Data
Now more than ever, residents of large American cities face a conundrum when deciding whether to rent or buy. Renting is increasingly popular in major markets as housing prices in these desirable areas keep creeping up. Now, Zillow has
Americans are moving less often than ever before, and this new trend in decreasing mobility is having a major effect on the real estate industry. About 11 percent of Americans moved between 2015 and 2016, a decrease of 6
Despite a slight increase in recent months, home flipping has now hit a two-year low, and home flippers are seeing lower returns on their investment, according to the Q1 2017 U.S. Home Flipping Report by ATTOM Data Solutions. Home
When a home is referred to as “underwater,” it generally means that a homeowner owes more on the mortgage than the home is worth. In the future, the term might take on a new, much more literal meaning. With
Choosing the right paint colors can make a major difference when it comes to home sales, according to a Zillow study. Zillow conducted its 2017 Paint Color Analysis of more than 32,000 photos of U.S. homes sold between 2010
Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,
Demand for homes continues to grow as houses are selling faster than every before, according to Redfin. Typical homes went under contract in 40 days in April, 10 days faster than the previous year, making April Redfin’s fastest month on
Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,
Single-family homes buoyed the Miami housing market in the first quarter of 2017 as condo sales continue to slide. But there are still some bright spots in the local condo market, as three submarkets showed gains in their condo
Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their
How overbuilt is Miami? Like the rest of the country, Miami saw peak residential construction right before the market collapse of 2007. And though the general consensus is that Miami is overbuilt and bordering on “distressed,” a look at
Miami’s single-family homes market had its best March in history, after sales for the month rose nearly 10 percent year-over-year, according to the Miami Association of Realtors. The city recorded 1,276 single-family home sales in March, a 9.2 percent
Miami is still a top international luxury market, but its standing as such has diminished in recent years, according to Christie’s 2017 global luxury real estate market report. The Magic City ranks tenth on Christie’s “luxury index” list, which
Despite being unaffordable for many working-class individuals and families, Miami is considered to be the best city for job seekers in 2017, according to a new report by the website Indeed.com. The job posting site crunched the numbers for
West Palm Beach is having one of the strongest starts of any luxury housing market in 2017, according to a recent report by Redfin. That’s good news for a South Florida luxury market that has seen many fits
New home starts continue to fall through the first quarter of 2017 as the Miami market deals with an excess of unsold inventory, according to the newest numbers released by Dodge Data & Analytics. Housing construction in March fell
