Trends
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New home starts continue to fall through the first quarter of 2017 as the Miami market deals with an excess of unsold inventory, according to the newest numbers released by Dodge Data & Analytics. Housing construction in March fell
Despite a slight rebound in February 2017, cash sales of homes in Miami have declined significantly, a sign that international and big-money investors are cooling on the market, according to a recent market study. There were 289 homes paid
In a new report, Real Estate in a Digital Age, the National Association of Realtors offers insight into homebuyers’ technology usage habits. It’s a rare consumer who doesn’t incorporate technology into his or her homebuying pursuits – 95
For today’s real estate agent, technology is indispensable in getting the job done quickly and efficiently. According to NAR’s recent 2017 Real Estate in a Digital Age report, agents and brokerage firms rely on a variety of tools
The current generation of 18-to-34-year-olds – otherwise known as Millennials — is more likely to be living with their parents than in any other living situation for the first time in 130 years, with Miami having the highest number of
To better understand the perspective and experiences of people who were in the market to buy or sell a home in 2016, Redfin recently commissioned SurveyGizmo to ask 3,352 Americans what would influence their buying or selling of a
Typically, the purchase of a new home would merit jubilation. But not among the more than 2,400 adults recently surveyed by NerdWallet, a personal finance website. Almost half the homeowners surveyed said they’d tackle buying in a different way
In the first part of our Best of Miami-Dade series, we looked at the top elementary schools in Miami-Dade County. For our second entry, we give you the county’s best middle schools, starting with Doral Academy of Technology, which received strong marks in English, mathematics, science and social
NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and homeownership initiative focused on African Americans. The initiative has a goal
Thanks to stagnant incomes, Millennials are still missing from the housing market Two million households headed by 25-to-34-year-olds are missing from the current housing market, according to new National Association of Homebuilders research. The NAHB arrived at that number
Last year was a positive one for Miami real estate, but what do the specific trends tell us about the market’s health? We recently reported record-breaking sales in Mimi-Dade’s single-family home market. To get a better idea of the
Fewer undocumented immigrants may lead to higher costs A decline in undocumented immigrants may be causing construction costs – and by proxy, home prices – to rise, according to the Zillow Home Price Expectations Survey. The survey asked 100
An uncertain economy and low inventory are bringing out conservative tendencies in sellers Home sellers may dial back prices a bit due to concerns over the economy, the low inventory and buyers being more selective in their home purchases, according to a new Redfin
The latest jobs report shows some silver linings for employment Last week, the Labor Department released its monthly jobs report with mostly positive news: unemployment fell below 5 percent in January, suggesting that even with the weak global economy and decreasing
Higher interest rates may not be that big of a threat to housing’s future, after all With interest rates seeing their first increase since 2008, there is concern that the hike will harm the housing market either through harming
More underemployed college graduates work in the office sector than service One of the common beliefs about the current job market is the underemployed college graduate being forced to work as a barista, or another form of unskilled labor for
