Trends

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3 Important Trends To Follow For the 2015 Housing Market

What should be on your horizon, as the 2015 housing market begins to take shape? The 2015 housing market is nearly upon us, and to help you prepare in your business, we’ve described below three of the big trends

Magic City Home Prices Surpass National Pace in Latest Case-Shiller

S&P’s newest Case-Shiller report revels a slow climb towards balance and a strong end to 2014. It was another month of stellar performance for home prices in the Miami market, according to the newest Case-Shiller Home Price Indices from

Miami Takes a Few Hits in November, Promises to Bounce Back

Miami’s market took a hit in November, but the longterm strategy remains sound. Ebbing ever closer to 2014’s end, Miami’s real estate market, after two consecutive months of healthy growth, stumbled in November with sales falling considerably year-over-year while

Special Report: The Problem of Negative Equity in Miami is Far From Over

Negative equity may be down in Miami, but that doesn’t mean that it’s no longer a problem. Last week, we reported a much-needed dosage of good news – that after peaking a few years back, negative equity in Miami has fallen

5 Important Stats in Today’s New Home Sales Report

The latest new home sales report is out, but what details of that report should you keep in mind for your business? The latest Census Bureau report on new construction dropped this morning, and it concerns the home sale

Good News For South Florida – Congress Extends Mortgage Forgiveness Debt Act

Hey! Congress did something good! Here’s a great piece of news for the holiday season – in a refreshing act of bipartisanship, the Senate approved a measure 76-16 this week to extend the Mortgage Debt Forgiveness Act (MFA) through 2015;

November Marks a Month of Decline, But Promise

As the temperature falls, so have existing-home sales, but numbers still indicate a slow return to normalcy. The market peaked for 2014 in October, according to the National Association of Realtors recently released existing-home sales report. In November, existing-home

The Fed Will Not Be Raising Rates Soon…We Think

The Fed’s language on interest rates changed at its last meeting, throwing into question its future policies. It’s the big question on everyone’s mind – when will the Federal Reserve decide to raise interest rates? Indeed, there are few

Negative Equity in Miami Plummets by 57.2%

The negative equity situation in Miami has improved markedly, according to new research by Zillow. Here is some encouraging news for you to end the week with – here in the Miami area, the share of mortgage properties in negative equity

Special Report: ‘Builder Confidence’ Numbers Still Inconsistent With Construction Numbers

Builder confidence remains high while home construction continues to trod along – what gives? Builder confidence this month fell just one point, according to the latest Housing Market Index from the National Association of Home Builders. Finishing up 2014

Bad News For Millennial Homeownership – Young American Wages are Plummeting

We all want to think that an explosion is pending in Millennial homeownership, but the numbers to justify that are hardly cooperating. The last few months, we’ve reported consistently that the big problem facing housing (as well as the

5 Things to Consider About the ‘Disappointing’ New Construction Report

The headlines have been merciless regarding the latest new construction report, but was it truly that bad? We’ve seen the headlines too, and on the surface, they’re not pretty – per the latest numbers from the Census Bureau, housing

The 5 Most Valuable Remodeling Projects in Miami

Of the many remodeling projects available to homeowners, which ones add the most value to homes in Miami? One of the undeniable perks of homeownership is the opportunity to renovate your living space, to remodel and craft a residence

Mortgages in Miami Twice as Affordable as Rents in 2014

Everyone knows that mortgages and rents have ran in opposing directions, but the numbers are still jaw-dropping. For some time, we’ve been hearing two independent narratives in housing: one, that mortgage rates and payments were at an all-time low;

6 Important Home Seller Trends That You Should Know

What should you know about home sellers, heading into the 2015 housing market? Our last few stories on NAR’s 2014 Profile of Home Buyers and Sellers has focused on the buyer-side of the equation, but now we’re finally taking

Cash Sales in Miami Lead the Nation

New cash sales report says more of the same – we’re staying consistent. In September, cash sales increased slightly despite the autumnal slump, but remain at relatively low levels, according to a new report from CoreLogic. In recent months,

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