Real Data

Redfin: Homebuying demand reaches all-time high
Redfin: Homebuying demand reaches all-time high

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

Miami-Dade real estate breaks annual total sales record in only 10 months
Miami-Dade real estate breaks annual total sales record in only 10 months

Miami-Dade County broke its record for the most annual home sales in only 10 months as October transactions surged year-over-year, according to a report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS).

Miami No. 1 relocation destination among New Yorkers
Miami No. 1 relocation destination among New Yorkers

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

Second-home demand up 70% from pre-pandemic levels
Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Median prices, cash sales continue to rise as 2021 nears end
Median prices, cash sales continue to rise as 2021 nears end

Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors. 

MIAMI REALTORS®: Martin County remains in high-demand, low-inventory market
MIAMI REALTORS®: Martin County remains in high-demand, low-inventory market

Despite low inventory, real estate transactions showed substantial gains in the third quarter compared to the same period in 2019.

Miami mega-region outperforms state, nation in international sales
Miami mega-region outperforms state, nation in international sales

Sales to foreign buyers in South Florida were strong in 2021, despite the year’s global COVID-19 travel bans. The Miami mega-region outperformed Florida and the nation in international sales, according to the latest Profile of International Home Buyers by

Rents continue surge in large metro areas
Rents continue surge in large metro areas

Rental prices are surging to an all-time high after dropping considerably in 2020 due to the pandemic. In September, median rents in the 50 largest metro areas in the U.S. jumped 13.6% compared to the same month last year,

Bidding wars eased in September dropping to a 2021 low
Bidding wars eased in September dropping to a 2021 low

Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.

Luxury residential market continues forward stride as supply crunch looms
Luxury residential market continues forward stride as supply crunch looms

South Florida’s rebounding luxury residential market is still going strong, with the third quarter of 2021 producing substantial year-over-year increases, according to a recent Keyes/Illustrated Luxury Property report.  The report, produced by the Keyes Company and Illustrated Properties, shows

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