Trends

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Homebuying trends among baby boomers

In recent years, baby boomers are accounting for a smaller portion of the homeowning population, currently just 25 percent, and a new report finds that they typically prefer not to take advantage of the technology available to streamline the

Millennial homebuyers worked overtime, sold cryptocurrency for down payment savings

To make ends meet while saving up for a down payment, cash-strapped millennials are getting creative. A Redfin survey of 2,000 millennial homebuyers (age 24 to 38) found nearly four in 10 took on a second job to accrue

Homebuying trends among Gen X

As millennials begin to take over the homeowning population, Generation X buyers are making up a smaller portion of the housing market, accounting for just 30 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in

How millennial buyers drive the housing market

As millennials begin to enter the housing market, they are becoming the driving force, with millennial buyers making up 42 percent of it. MetroStudy partnered with Zillow to discover and analyze trends in the housing market among the millennial

More homeowners are investing in renovations to help boost resale value

The most popular home renovation projects, like kitchen and bathroom remodels, are the ones that contribute the most to a home’s increased resale value. In fact, two-thirds of renovating homeowners are focused on increasing home resale value, according to

See which paint colors can help boost sales prices

Choosing paint colors is perfect way to reflect your style onto your home. But, when it comes time to sell, the colors you chose may not appeal to potential buyers. Zillow is here to help with their 2018 Paint

‘Wall Street South’? New York financiers decamping to Miami in droves, report says

South Florida developers and real estate professionals have capitalized on the federal tax reforms that hurt high tax states like New York and Connecticut by pitching Miami as an attractive, low-tax alternative. The work appears to be paying off,

Miami added the fifth-most new residents in the country this year

In a new Redfin report, Miami was ranked fifth out of ten U.S. metros expected to have more residents within the next year. The city already has gained 2,295, new residents in the first quarter of 2018, compared to

Landscaping can increase home values up to 13 percent

Sprucing up the curb appeal is one way homeowners can significantly increase the value of their home. A well-manicured property can increase a home’s value by anywhere from 6 percent to 13 percent compared to a property with no

NAR: Home sales expected to increase in 2018 despite housing shortage

Home sales across America are expected to continue rising throughout 2018 thanks to the nation’s stronger economy. The National Association of Realtors’ Chief Economist Lawrence Yun predicted the increase in sales during his 2018 mid year forecast. According to

Luxury homes prices up nearly 8 percent in the first quarter

Luxury home prices rise nearly 8 percent to average sales price of $1.8 million in the first quarter of 2018, according to a new report from Redfin. An analysis of over 1,000 cities by Redfin indicates prices of the top five percent

Single women buying twice as many homes as single men, study says

While the overwhelming majority of homebuyers are married couples, it is women who make up the larger share of sales among single people, according to the National Association of Realtors. Single women are the second-most common homebuyer, accounting for

Miami single-family home inventory increased in March

Despite a nationwide inventory crisis that is hampering the housing market, Miami has actually seen increases in single-family homes for sale, according to the Miami Association of Realtors. Inventory of single-family homes increased 2.5 percent in March of this

Miami’s number of ‘super commuters’ explodes

Residents of modest means increasingly can’t afford to live in major urban centers, and the result is taking a toll on our highways and commutes. As more people seek cheaper housing away from inner cities, the number of “super

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Here’s how much you need to earn to afford Coral Gables

Trulia has crunched the numbers to determine the best neighborhoods for living well by ranking “universally loved” features like quiet streets, parks and proximity to schools and healthcare. Now, the online real estate giant had determined how much a

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Buyers show increasing interest in sustainable homes

Sustainable and eco-friendly homes are becoming increasingly desirable to homebuyers. In a recent survey from the National Association of Realtors’ Sustainability Program, Realtor respondents reported that the majority of homebuyers — 61 percent — are interested in green living. Additionally, 71 percent say

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