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Report Reveals Construction Activity For June

Residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in June. McGraw-Hill released its June construction report this week, and the news confirmed more of what’s been taking place in Miami all year: construction

Construction Spending Maintains Solid 2014 Increases in June

Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down

The 3 Reasons Why New Homes Remain in Short Supply

The supply of newly built single-family homes remains quite low; why is that? #172260605 / gettyimages.com Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1

CoreLogic Targets Florida Foreclosures in New Report

Almost seven years after the collapsing of the housing bubble, and CoreLogic says the nation is recovery swiftly – maybe too swiftly, in fact. On Thursday, CoreLogic released its June National Foreclosure report, which showed minimal but steady year-over-year

Why You Should Ignore the Homeownership Rate

Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit

Is Miami Running Out of Land?

A land rush from condo developers has the rest of the building community asking: Is there any room left for us? #89110042 / gettyimages.com Miami is one of the nation’s hottest markets, and if you don’t believe us, just

5 Tips for Building an Effective Online Presence

More and more buyers and sellers are starting their home search online, which means having an effective online presence is more important than ever. #157305213 / gettyimages.com Marketing has always been a crucial part of establishing an effective real

Tight Lending Standards Represent Future Challenge

A recent analysis from Goldman Sachs revealed that despite loosening standards, securing a mortgage is still a considerable challenge. #142900667 / gettyimages.com In the wake of the housing bubble collapse and the subsequent economic downturn, concerned homebuyers and professionals

Pending Home Sales Reverse Course, Fall in June

After three solid months, pending home sales took a step back, according to NAR’s latest analysis. The Pending Home Sales Index, NAR’s measurement of contract signings for existing-home sales, fell 1.1 percent from May to June and 7.3 percent

Miami Home Price Increases Among Nation’s Best in Case-Shiller

The good news continued for Miami home prices, according to the latest Case-Shiller. Home prices in the Miami area continued their ascent through May, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. Not only were prices up

The 8 Referral Methods Foreign Consumers Use When Choosing an Agent

We all know that foreign homebuyers operate in different ways than U.S.-born consumers, but how do they ultimately choose their agent? #109724973 / gettyimages.com Earlier this week, we reported that international home sales in the U.S. soared from 2013 to

3 Implications of Zillow’s $3.5 Billion Acquisition of Trulia

The Zillow/Trulia merger could mean serious alterations to how agents and consumers interact. After a weekend filled with rumor and speculation, news dropped this morning that Zillow will indeed acquire Trulia for a cool $3.5 billion, creating by far the

4 Important Tidbits on the Demoralizing New Home Sales Report

June proved a very rough month for new home sales, but how bad are things, really, for the beleaguered homebuilding sector? #162748979 / gettyimages.com The headlines sure are negative – at a seasonally adjusted annual rate of 406,000, the sales

Subprime Market Major Hurdle for Hopeful African American Homeowners

Despite improve racial equality by leaps and bounds, the U.S. housing market continues to struggle with racial disparities. #157169491 / gettyimages.com Through much adversity, African Americans have made considerable strides towards equality in the U.S. However, barriers to homeownership,

NAR: National Market Posts Strong Performance in June, Construction Still Lacking

Existing-home sales were up in June, which bode well for the market, but construction and low wages remain barriers to full recovery. #187462241 / gettyimages.com The third quarter of 2014 is already churning out good news for the housing

Nearly Two Thirds of Miami Home Sales Still All-Cash

All-cash sales still remain quite prevalent in the U.S. housing market, especially here at home. #463245891 / gettyimages.com A whopping 62 percent of home sales in the Miami area were all-cash transactions in April, according to exclusive analysis from CoreLogic, the

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