Current Market Data
Few cities are more affected by the problems of student debt than Miami, according to a new LendingTree analysis. Based on data from My LendingTree, the Magic City has one of the highest average student debt burdens in the country at $28,482.16. Our chart
Earlier today Hurricane Matthew returned to Category 4 strength. The National Hurricane Center described the storm as “extremely dangerous” and clocked winds at up to 160 mph. It’s expected to hit Miami tomorrow, and the damage could be catastrophic.
This year has seen the Miami Association of Realtors make some big moves to strengthen its international network, which included association representatives traveling to India in August to try and sell the South Florida market. “India is one of
Back in 2012, appraisals were a hot item. Thanks to a myriad of factors – chief among them inexperienced appraisers and dramatic changes to how the industry was organized – low appraisals were the cause of numerous contract failures
Florida listings have made their way to China, and it’s helping drive buyer interest, a new report from Juwai found. Juwai.com is China’s biggest international listing portal, with more than 2.5 million property listings across 89 countries. The website
Lots of interesting things happened this week in the world of real estate. Notable stories this week include new cash sales data and the announced extension of the EB-5 visa program. Catch up on this week’s top news with
The chief dilemma for the contemporary real estate agent is: how do I demonstrate my value? It’s a question that can be answered in a variety of ways (i.e. be an information source, develop neighborhood expertise, etc.) and for
Last week, we reported on NAR’s “Profile of Real Estate Firms,” an exhaustive look at the composition of today’s realty businesses and a projection of where they are heading. Our first report looked at the state of real estate firms
Home prices in Miami are outpacing wage growth, new research from ATTOM Data Solutions confirmed. It’s a foundational problem that could lead to the market’s eventual implosion if the city can’t reverse it. Some people called the 2007-2008 downturn a
The Miami new construction market continues to slow in 2016, according to research from Dodge Data & Analytics. In August, Miami saw nearly $571 million in total residential construction spending – still a very high number, but down 20 percent from Aug. 2015. Similarly, the market’s strong
The Miami area features one of the most accessible mortgage markets in the country, according to a Credit.com analysis. Utilizing new data from the Urban Institute, Credit.com found that the average loan-to-value in Miami is 84 percent, meaning the average down
For most buyers and sellers, contacting a real estate agent isn’t their first step. Their first move is to go online. Sixty-six percent of Realtors and 70 percent of brokers have a website, the National Association of Realtors’ 2015 Member
Coconut Grove is one of the oldest neighborhoods in Miami, and existed as an independent city even before that. It has a rich history of luxury living; and that tradition has carried for more than 100 years, as it
Home prices in the Miami housing market remained ahead of the national averages in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Although Miami’s monthly increase of 0.4 percent was behind the U.S. average of 0.7 percent, its yearly
September is Realtor safety month – an important month for real estate. As a real estate agent, you are vulnerable to harassment, being robbed at gunpoint, kidnapping and even murder. Your job can be risky – in fact, nearly 40 percent
In one of his more famous speeches, Don Draper, the central character of the “Mad Men” television series, stated that advertising is based on one thing – happiness. And though his focus was on the ad world, Draper could
