Trends
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It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points
While home prices slow nationwide, they just keep on increasing in our metro area. Exceeding expectations was the name of the game for home prices in the Miami housing market, which in September rose 10.3 percent year-over-year and 0.6 percent from August, according
Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in
Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,
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
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
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
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
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
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
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
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
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
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
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
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
