Trends

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RE/MAX CEO videos offer advice for ‘mind, body and business’

Weekly motivational messages give guidance for agents to keep moving forward during COVID-19 pandemic and preparing for what comes once it’s over.

Could COVID-19 change homebuyer preferences?

A new survey asks agents how they think their clients will respond to the novel coronavirus pandemic, as well as how they’re shifting their business activities.

Buyers pull back early; sellers, not so much

A national survey of real estate agents digs into how clients are reacting to the coronavirus outbreak, how home values will be impacted, and the likelihood that we’ve entered a recession.

The HGTV effect: From television trend to real estate spend

A new report from Zillow outlines what to highlight in a listing and what to hide.

Avocado toast and white picket fences: What millennial homebuyers have in common with their parents

A new survey conducted by Coldwell Banker highlights the similarities in homebuying behaviors between Gen Y and older groups.

Navigating generational homebuying and selling trends in 2020

NAR’s 2020 Generational Trends Report shows that young millennials and the silent generation value similar things when buying homes.

South presents serious growth in showing activity

ShowingTime’s index points to growing demand for listings in the South, signaling a competitive housing market in the spring.

Wealthy homebuyers in Miami see little growth in luxury market

Both luxury condominiums and single-family homes in the area spent an average of up to 200 days on the market, according to Coldwell Banker’s annual Global Luxury Report.

NAACP and NAREB announce partnership to increase black homeownership

The two organizations joined together to provide members the resources and tools that will help more African Americans purchase homes. This week, the National Association for the Advancement of Colored People and the National Association of Real Estate Brokers announced a joint effort focused on ensuring black individuals and families have access to financial education, appropriate financial products, counseling services, and financial assistance — all in an effort to increase the wealth of black people through property ownership.

Miami transplants are moving in search of better neighborhoods

While the pursuit of new or better employment prospects normally motivates people to take on a long-distance move, recent data suggests that Americans may now be more inclined to relocate for housing related reasons.

How to sound smarter next time you’re asked about recession risk

A Federal Reserve economist breaks down some of the more common misconceptions about the chance of recession in 2020 and offers thoughts on how real estate pros can be better consumers of economic data.

Kitchen renovations surge, but so do prices

As your clients look ahead to possibly listing in spring, make sure you understand what’s causing remodeling costs to increase so rapidly and how homeowners are adjusting in response.

How the rent vs. buy calculation has changed in Miami

Looking at real estate data over the last decade, some clear trends emerge in terms of costs, demographics and housing stock. See how this has impacted the market in the Miami area.

Florida is winning the state-to-state migration game

Though fewer and fewer Americans are moving, real estate professionals in Miami can take comfort in the idea that national migration patterns are still working in their favor.

Miami home prices overvalued, according to CoreLogic

Also included in the report is the finding that millennials are generally unconcerned about qualifying for a home loan.

Loan limit increase good news for Miami homebuyers

Fannie Mae and Freddie Mac loan limits will be raised to more than half a million dollars.

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