Trends

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Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Is homeownership on the horizon for American millennials this year?

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

CoreLogic: Miami saw fastest home-price gains in November 

CoreLogic expects prices to continue to grow through the year.

Houzz predicts that these interior design trends will take over in 2024

How will our homes evolve in the new year?

Which Miami ZIP codes offer the most — and least — space on a $1,700 rent budget

RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.

Analysis: Miami second only to Dubai for global relocation

An analysis of Google search data put Miami second only to Dubai as the most desirable relocation possibility for those living outside the U.S.

Existing home sales fall 14.6% annually

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

The kinds of houses buyers opted for this year

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

Miami Beach’s Fisher Island is third-most expensive ZIP code in the U.S. 

According to a new analysis by PropertyShark, Fisher Island’s 33109 ZIP code is the third-most expensive in the country, with a median home sale price of $5.5 million. 

South Florida Housing Scorecard: Home sales slide in all three counties

Existing-home sales slid in Miami-Dade, Broward and Palm Beach counties, while days on market and housing inventory were mixed.

New-home sales jump in September despite interest rates 

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Short supply helps drive existing-home sales to 13-year low 

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.   

The cost of living in Wynwood, one of the trendiest neighborhoods in the country

From the beach to the bustling arts scene, Wynwood is one of the trendiest neighborhoods in the country … so how much does it cost to live there?

Housing starts rebound in September after August dip 

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures. 

The hottest home trends of 2024 — according to Zillow

Brutalist style and sensory gardens may seem at odds — but they are both hot home design trends that will rule 2024. At least, according to new predictions from Zillow.

MBA: Mortgage apps rise on increase in ARM activity 

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey. 

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