Trends

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Looking for a Luxury Home? So is Everyone Else in Miami

If all roads lead to home recovery, then it’s pretty clear that not all American’s are taking the same path. #490043801 / gettyimages.com In 2013, heavy investor interest began driving up the number of homes sold throughout the country. Listings

The Inconvenient Truth About Housing – in Two Charts

The most recent existing-home sales report indicated that housing may have turned a corner, but structural issues persist. #142483561 / gettyimages.com Covering the housing market nowadays is a strange experience. On one hand, you have the clear monthly reports

5 Reasons that First-Time Homebuyers Are NOT Returning Anytime Soon

First-time homebuyers have been missing in action for some time now, and it’s unlikely that they’ll return any time soon. #482143423 / gettyimages.com It’s no news to anyone – especially consistent readers of our news coverage – that first-time

Why Cash is King in Miami

New research from Redfin reveals home buyers in major metros are abandoning their check books for the more comfortable feel of cold, hard cash. How does your area stack up? #sb10069816b-001 / gettyimages.com In the wake of tightening mortgage lending standards,

Miami Continues to See Rise in Residential Construction

Continuing its slow return to prominence, residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in April. #479733853 / gettyimages.com The Miami area has seen its fair share of rough residential construction months, but

On a Salary Basis, Owning in Miami is Relatively Affordable

We often hear about how affordable a given housing market is, but looking at the actual salary needed to buy is quite eye opening. #160427001 / gettyimages.com To comfortably own a home in the Miami region, a prospective homebuyer must

Miami’s Population Increases Amidst Losses

Population dynamics are changing all over the nation and you might be surprised to see which major metropolitan areas are on the rise and which are struggling. #176247121 / gettyimages.com Quite frankly, the rapidity with which many major American metros are

The Latest New Home Sales Report, in 5 Easy Steps

The government came out with its latest report on new home sales late last week, but what do all those numbers actually mean? #480983989 / gettyimages.com We’ll get the obvious information out the way first: according to the latest numbers

Miami Home Prices Post Double-Digit Increase in Case-Shiller

In general, home prices have been slowing down a bit in 2014; was that the case in our market, according to the latest Case-Shiller? #140196782 / gettyimages.com Home prices in the Miami area rose by both monthly and yearly measures

NAR Report: Why April is the Month for Existing-Home Sales

After falling the first three months of the year, existing-home sales reversed course in April, according to NAR. #176580616 / gettyimages.com Early Thursday morning, the National Association of Realtors released a report showing that in April, and for the first

Miami Housing Market Starting to Find Solid Footing

Miami’s housing market is finally beginning to fire on all cylinders – though full speed may be a ways away. #150359427 / gettyimages.com It’s been a long road for home buyers and sellers in Miami. Much like other major metropolitan

Appraisal Complaints Way Down in 2014, but Structural Flaws Persist

Bad appraisals were one of the more implicit side effects of the housing downturn, but is the worst behind us? #83590748 / gettyimages.com Forty percent of any demographic is an awfully large chunk of people, and in 2010, at

Negative Equity Persists in Miami in a Mega Way

Though home prices have risen, negative equity continues to affect many homeowners – though not equally. #459305223 / gettyimages.com Home prices have risen in dramatic ways the last couple of years, but quite a few properties remain in negative

The 7 Key Things to Know About the New Construction Market

As usual, many media outlets have been focusing on the screaming headlines on construction, but more important trends simmer below the surface. #466064835 / gettyimages.com By now, you’ve surely seen the screaming headlines – in April, housing starts skyrocketed

11% of Real Estate Agents Cannot Write

We’ve all seen listings with lackluster writing and grammar, but how common are those listings across the industry? #461174833 / gettyimages.com Bad grammar. Misspellings. ALL CAPITAL LETTERS. Oh yes, we’re talking bad writing in real estate listings, something we

Great News: Delinquency Rate Falls to Lowest Level Since 2007

The U.S. mortgage markets have been improving gradually the last couple years, but the latest MBA data marks a significant accomplishment. #486080083 / gettyimages.com Yesterday, the Mortgage Bankers Association (MBA) graced us with a wonderful piece of housing news

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