Current Market Data

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Chinese investors set sights on Miami

A recent report from Investorist shows that Chinese outbound property investment is a big force in U.S. real estate. These investors are driven by a desire to diversify their wealth, protect generational wealth by investing outside of China and

Report: Miami ranks in top-three best cities for retirees

Miami is the third-best city in the country for retirees, according to a new report from WalletHub. In fact, the top three cities are all in Florida, with Orlando at the top and Tampa in the No. 2 spot. The

New survey shows shift in home types, finishes

As the housing market continues its rebound, trends among builders and buyers are evolving. A key finding from the recent 2017 Builder Practices Survey from Home Innovation shows that the market is seeing a move toward central price points. The survey shows

Fashion houses dip into Miami residential market

Miami’s reputation as a hot fashion city has been growing in recent years, with a number of well-known designers calling it home as well as the 2016 launch of the Miami Fashion Institute at Miami Dade College. But outside of the

Man’s best roommate? Survey shows dogs influence housing choices

Feeding, cleaning up after, visiting doctors, taking trips to the playground. Yes, dog ownership is much like caring for a child, but it’s still often shrugged off as less of a commitment than parenting a human — some even

Luxury home prices saw strongest growth since 2014

For the first time since 2014, luxury home prices saw stronger price growth than homes in the bottom 95 percent of the market, according to the latest report from Redfin. Luxury home prices rose 7.5 percent in the second quarter

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Redfin stock struggles to find its footing

After its share price exploded in early trading, Redfin stock has fallen back to earth — though the company is still bullish about its long-term prospects. After debuting on July 28 at $15 per share, the real estate technology firm quickly spiked,

Report: Housing demand dipped in June

The number of people seeking new homes slipped 4.3 percent in June — albeit from an all-time high in May, according to the most recent Redfin Housing Demand Index. In the index, 100 represents the historical average for the three-year period

Growing domestic interest in Miami luxury real estate: a Q&A with Million Dollar Listing Miami’s Chad Carroll

Miami is one of the hottest international real estate markets in the U.S., with a reputation for attracting buyers from a number of countries including Colombia, Venezuela and the United Kingdom. However, domestic interest is also growing in the city, specifically

Home renting is at a 50-year high, report finds

Due to lingering effects of the 2008 housing crisis, renting has become a widely popular option for those hoping to combine an independent lifestyle with affordability. In fact, more Americans are actually renting a home than at any point

American homeowners often forget about hidden costs, report finds

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property, according to a recent Zillow report. Zillow paired with Thumbtack

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Miami home market considered overvalued, report finds

According to the CoreLogic Market Conditions Indicators data, the Miami-Miami Beach-Kendall MSA is considered one of four markets in the country that were overvalued in June. The report says an overvalued market is when home prices are at least 10 percent

Down payment misconceptions may deter first-time homebuyers

Over the last decade, homeownership rates in the U.S. have fallen drastically, with an average of 63.4 percent in 2016 compared to 69 percent in 2004. The 2008 financial crisis has been largely blamed for the swift decline, but

Miami area packs list of most-expensive Florida ZIP codes for renters

Recent data from Yardi Matrix shows that the Miami area is the most expensive in Florida for renters, with 19 of the top 50 ZIP codes falling in Miami-Dade County. The most expensive is in Coral Gables, where the

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June was a banner month in Miami residential real estate

Single-family homes in Miami sold at an average rate of 42.3 per day for the past four months, and June marked the second-best in city history, according to a new report by the Miami Association of Realtors (MAR) and

These 11 Miami neighborhoods have the fastest growing home values in South Florida

While South Florida has generally seen modest home value growth, some neighborhood values have increased by double digits this year. According to a recent Redfin study, nearly half of the top 23 increasing home values throughout the area belong

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