Buying a home in Miami is a great deal – so long as the owner stays in it for more than two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner

The most consequential question facing the housing industry today is: Are we approaching a correction? National Association of Realtors Chief Economist Lawrence Yun said in January that 2016 was the market’s best year since the Great Recession. He thanked job

Builders need to build – a ubiquitous sentiment throughout the country, and what some experts believe is the solution to widespread inventory shortages. Two new stats suggest that may be exactly what’s going to happen in 2017. The first stat

This year could be the year of the first-time homebuyer. Of course, that’s what experts said last year too. But this year it might actually happen. Of course, there remain barriers to entry – tight credit, inventory shortages, high

Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of

Homebuilders across the nation faced crippling labor shortages in 2016; in fact, it was the biggest problem they faced all year. Don’t expect anything to change in 2017. Eighty-two percent of builders say the No. 1 problem they expect

The Miami new construction market concluded 2016 in strong fashion, according to research from Dodge Data & Analytics. In December, Miami saw more than $618 million in total residential construction spending, which is a 7 percent decline from Nov. 2015. However, year-to-date construction spending, which

Although Miami’s inequality gap is narrowing – luxury home prices have shrunk, while the market’s bottom price has risen – it still remains one of the country’s most unequal housing markets. How unequal? About 5.5 times as much, according to

There are dozens of golf courses in Greater Miami, and regardless of what you think of them or their long-term economic viability, they are good for surrounding property values, a Florida Atlantic University study shows. After reviewing more than 10,000

Miami home prices have been increasing for five straight years, bringing the most recent (Dec. 2016) median price to $305,000, a 9.5-percent increase from the same time a year prior, according to a new report from the Miami Association

Miami Beach’s Fisher Island was the most exclusive neighborhood in Florida, and was in the top five nationwide in 2016, according to a report from Property Shark. Trailing only three other markets – two in New York and one

There is no better place to retire in the country than Florida, according to a new report from WalletHub, and the state’s real estate market stands to gain big because of it. Basing its analysis on more than 30

Foreign buyers play a significant role in Greater Miami’s real estate market. Last year, they accounted for $6.2 billion in closed purchases, nearly 40 percent of total sales volume, according to the Miami Association of Realtors’ latest international buyer

Foreign buyers in Greater Miami spent $6.2 billion in real estate transactions last year, a slight increase from the year prior, according to the newly released 2016 Profile of International Homebuyers of Miami Association of Realtors Members. Produced jointly

Understanding buyers is going to be especially important this year – interest rates and prices are rising, inventory shortages remain commonplace throughout the U.S., and our housing market is now operating under a president promising a broad spectrum of

Lakes of the Meadow in Kendall is going to be Greater Miami’s hottest market in 2017 – or at least that’s how Redfin sees it. And it has a point. With a healthy median sale price ($318,200), a quick turnaround