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.

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.

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.

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.

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.

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.

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.

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

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

The rebound could mean an accelerating market nationwide.

Two percent jump in housing starts nationwide could mean lower chance of recession

Don’t get caught “running naked through the woods.”

Housing starts make progress in September, showing signs of more housing on the way.

More than two-thirds of homebuyers believe housing availability getting harder.

All 50 states saw a boost in prices last month. CoreLogic reports half of millennial homebuyers used retirement savings to help them purchase their first home.

NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.