Current Market Data
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
Douglas Elliman released its Q4 report for the Greater Miami real estate market today, and the numbers reaffirm trends we saw throughout 2016 – housing affordability is falling along with demand. However, at least on the single-family side of
Taylor Morrison Home Corporation is once again the most trusted homebuilder in America, according to Lifestory Research’s 2017 Home Builder Study. Polling the opinions of more than 31,000 active home shoppers, Lifestory Research’s survey, now in its fifth year,
Miami is one of America’s great cities, but it has some problems – its luxury condo market being one of the biggest. And a recent report from Condo Vultures Realty shared three stats that really drove that fact home: 1.
A proposal to amend the Miami Comprehensive Neighborhood Plan (MCNP) aims to to create new incentives for affordable building – something the city desperately needs. The amendment, which is sponsored by District Three Commissioner Frank Carollo and due for
