Trends

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Improving Sales Convince Miami Homeowners to Sell

Increased sales activity has reinvigorated homeowners, convincing many to sell. Strong demand and a willingness, if not an eagerness, to buy is helping Miami sellers regain confidence and further alleviate the long-standing inventory shortage that has crippled the local

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

Miami Among Least Affordable Metro Areas for Middle Class Buyers

The term “affordability” is thrown around quite a bit, but when it concerns the middle class, the scenario is all the more interesting. Miami is the tenth least affordable metro areas in the nation, with 41 percent of the area’s housing stock

Banks Take on Weighted Risk for Heavy Lending

Looking for a good mortgage rate? All you need is good credit and a lot of money. In recent years, expectant homebuyers vying for a good mortgage rate have faced dire odds as once loose lending standards continue tightening

Economic Concerns Persist in the U.S. – and Hold Back Housing

Though Americans feel better towards housing, wider economic concerns persist – which, in turn, affect the housing market. It’s become quite clear, in 2014, that housing’s recovery will depend in large part on wider economic trends, and that until

The Emotional Rollercoaster Buyers Experience During Their Search for “The One”

Seventy-seven percent of buyers say they’ll know immediately when they’ve found their ideal home, according to a survey of about 2,500 Americans by BMO Harris Bank. Unfortunately, the house hunting process takes time, and not all buyers exude confidence during

Miami One of Nation’s Top 10 Construction Markets

Our new construction market, according to new data, is among the nation’s best. Through September of 2014, Miami had the No. 8 new construction market in the country. According to fresh numbers from Dodge Data & Analytics, Miami’s construction starts for the

Finding Your Way Around the New Mortgage Rules

New measures from regulators promise to help ease lending standards, but are they enough? The recent announcement by federal regulators to enact an assortment of measures aimed at easing lending standards has thrown many in the mortgage industry into

Miami Cash Sales Remain Steady in August

Cash investors continue to stay away from the real estate market, keeping cash sales relatively low. Cash sales remain steady in the month of August, according to a new report from CoreLogic. Though the market is continue to shed

Florida Homebuyers an Excited, Cautious, Optimistic Lot

The emotions that Florida homebuyers most often experience may surprise you. Homebuyers experience many emotions when searching for a home, but what emotions do Florida homebuyers experience the most often?  That was the question of a BMO Harris study

MAR Report Shows a Healthy Miami Market

Miami home prices continue rising even as inventories fill out. Demand in Miami is high, historically high, and despite efforts to satisfy hopeful, salivating homebuyers with additional inventory, demand is remaining strong, mimicking 2013’s record-setting sales activity, according to

How the Housing Affordability Crisis Has Led to a Surge in Roommates

The share of households featuring roommates has been on a steady rise the last few years, and the cause could not be more straightforward. Housing affordability is a common topic of coverage here at Chicago Agent, and for good reason

3 Reasons Direct Mail Might Be a Better Marketing Tool

Though not as quick as email, direct mail still offers considerable advertising value. The real estate world is constantly abuzz with talk of the newest mobile app or search platform. So much so, in fact, that agents often forget

The One Thing Stopping Millennials From Becoming Homeowners

Why are Millennials not buying homes? The answer is far simpler than you may suspect. There are some lofty explanations out there for why Millennials are staying on the real estate sidelines, but new research from Moody’s Analytics has

What Homes Do Consumers Want to Buy? 5 Important Trends

There are many types of homes for sale on any given day, but what trends are consumers gravitating towards? Tall, short, skinny, fat, new, old, historic, modern, urban, rural – the possibilities are endless when it comes to the

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