Trends

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South Florida home prices reach new highs in May

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year. But there’s good news for those looking for a home in this competitive

Zombie foreclosures up 21% across the country

Of the 99 million residential properties in the U.S., approximately 1.4 million (or 1.4%) are vacant this quarter, with “zombie” home rates increasing both quarterly (21%) and annually (5.6%).

COVID savings fuels millennial down payments

First-time homebuyers found their long-term plans changed due to COVID.

In Florida, seven people move in for every one person who leaves

With the seventh-lowest tax rate in the country, Florida attracts people from all over.

RE/MAX: Recordbreaking median home sales price climbs again in April

The limited inventory that has plagued the housing market continued, although at an abated pace.

What are the best days to sell a home?

An analysis of 10 years of home sales found the spring and summer months offer the most gains for sellers, particularly the month of May.

Gen X and millennials want home gyms. Boomers? Not so much.

Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.

It’s a seller’s market, Fannie Mae survey shows

Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.

miami-beach-neighborhood-profile-luxury-sea-level-rise-home-buyers-real-estate
Miami Beach tops list for best markets for homebuyers

Abundance of condos under construction catapults Miami Beach to the top of the list.

Miami rated 13th top emerging dog-friendly city

The survey showed that 86% of dog owners said dog-friendly features — such as having a dog door or access to a dog park — are a large part of their decision-making process, and 84% are willing to spend more for these features.

Homes with family-friendly outdoor features selling fast

Listing keywords associated with families and children, like community pools, nearby parks and cul-de-sacs, led to both faster-than-expected sales and higher premiums.

Tampa named a top moving destination in U.S.

Tampa has been ranked as the 10th moving destination by Penske Truck Rental in its 11th annual Top Moving Destinations list.

S&P CoreLogic Case-Shiller: Miami home prices continue to climb

Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.

Florida condo and townhouse sales ‘steal the show’ again

Closed sales, median prices, new pending sales and pending inventory were all up over this time last year, according to new a new report from Florida Realtors. The spring market is off to a good start, but condo and

New home construction surges in March, suggesting relief for homebuyers

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development

Keyes report: It’s a ‘perfect storm’ for South Florida luxury market

“All the converging trends, including domestic migration from high-tax states, a brutal winter around the nation and historically low interest rates, are resulting in an unprecedented high-end market.”—Mike Pappas, Keyes and Illustrated Properties President and CEO

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