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Strong Condo Market Drives Home Prices in Miami

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Miami’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.

Millennials Looking Up: A Positive Outlook on the Future of Homebuying

Research from Zillow finds millennial values toward homeownership may be more traditional than older generations. It’s no secret that as more millennials reach homebuying age they’re opting to remain renters in lieu of entering the market. However, despite what many

Miami Among Nation’s Top 10 Luxury Housing Markets

A new ranking of the nation’s top luxury housing markets places Miami among some esteemed marketplaces. Our beloved Miami is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check

Report Shows Miami Foreclosures Down Significantly

Miami foreclosures remain above national rates, but down significantly from 2013. In January 2013, Miami foreclosure and 90-plus day delinquency rates were nearly double what they are today – triple in the case of foreclosures, actually – confirmed CoreLogic

CoreLogic: Home Price Gains Slow And It’s a Good Thing

While home prices continued increasing in August, their pace slowed. Here’s why it’s a good thing… While 2013 was a year of continued turmoil for the nation’s housing market, this year is proving to be the industry’s growing period,

CoreLogic: Foreclosure Rates Continue to Fall

CoreLogic report outlines the country’s foreclosure progress, and it looks promising. The national foreclosure inventory continues to dwindle. However, we’re more than five years removed and rates remain well above normal, pre-crisis levels, according CoreLogic’s most recent foreclosure report.

4 Reasons Builders are Building Bigger

Americans everywhere are tightening their belts, but still our houses are getting bigger. Why? Considering the realities of today’s housing market – that the empty nester population is growing and environmental sustainability is more and more dictating the direction

Miami’s Rental Market Continues Strong Performance in 2014

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Miami in 2014’s third quarter was $1,147, a 1 percent increase from the second quarter and a 3.4

Average Down Payment in Miami Nearly $54,000

How does the down payment in Miami compare with other metro areas? According to analysis from LendingTree, the average down payment in Miami is 18.02 percent of the mortgage, which comes out to $53,716. How does this compare with

Residential Construction in Miami Soaring in 2014

Construction is the residential sphere is quite positive in Miami in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent

Housing Debt Hurting Older Americans

Older Americans are carrying their housing debt later into life, and as a result, they’re struggling financially. A lot of attention has been given to student loan debt lately, particularly in regards to the impact it’s having on young

Are Miami Home Prices Nearing Bubble Territory?

The term “bubble” gets thrown around often nowadays, but does data support such statements? The great housing bubble of 2001 to 2008 was a mammoth economic event, one that pulled the housing market through a verifiable roller coast ride and

5 Important Details Concerning Millennials and Homeownership

Though things are tough right now for Millennials, agents should definitely keep them on their immediate housing radar. It’s not easy being a Millennial. As we’re reported recently, the Millennial generation is still the home-bound generation, with many a

News Corp to Purchase Move, Inc. in Blockbuster $950 Million Deal

First it was Zillow’s acquisition of Trulia, and now News Corp has thrown its hat in the ring in acquiring Move, Inc. In a fairly volcanic move into the real estate syndication business, News Corp – the massive media

Miami Home Prices Remain Positive in New Case-Shiller

Home prices remained positive in the latest Case-Shiller, though they exhibited definite signs of easing. Home prices in the Miami region were up 0.8 percent monthly and 11.0 percent year-over-year in Standard & Poor’s latest Case-Shiller Home Price Indices, with

Pending Home Sales Slow a Tad in August

The decline was not substantial, but pending contracts definitely slowed down in August. Pending home sales fell 1.0 percent in from July to August, and are down 2.2 percent from where they were in 2013. Those were the main

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