Trends

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What Share of Florida’s 2013 Home Sales Were New Construction?

We all know that new construction has made steady progress the last couple years, but what’s its share of home sales? As we reported last week, new home sales remain historically low. Though they did hit their highest mark

New Residential Construction in Miami Up 30% in January

The latest numbers from McGraw Hill Construction gave us insights to the nation’s new construction markets. New residential construction activity in Miami increased 30 percent January, with total construction spending totaling $293 million, according to the latest economic data

Census Bureau: Construction Spending Up 9.3% in January

Construction spending continued to improve in January, with private construction showing particularly good progress. Construction spending may have been flat month-to-month, but its yearly progress was strong as ever, according to the latest report from the Census Bureau. At

The 4 Steps of Rate Lock-Ins, and Why They’re Trouble For Housing

Do you know what an interest-rate lock-in is? No? It could have a defining effect on housing in the coming years. Pop quiz hotshot: what is the market phenomenon known as the interest-rate lock-in, and how does it apply

NAR: Pending Home Sales Flat in January

Pending home sales continued their sluggish performance in January, though worst may still be to come. Pending home sales were flat in January, according to the latest analysis by the National Association of Realtors. Per NAR’s Pending Home Sales

Miami Home Prices Expected to Rise 14% by 2018

A new study predicts good things for Miami’s housing market in the coming years. Home prices in the Miami residential real estate market are expected to rise by 14 percent from 2012 to 2018, according to the latest report

Owning in Miami 38% Cheaper than Renting

We all know that rising mortgage rates and price increases have taken a bite out of affordability, but how does renting compare with owning in 2014? The homeownership/renting debate is an everlasting one, but in the post-boom housing market,

New Home Sales Jump to Five-Year High in Jan. 2014

The market for newly built single-family homes saw sales increases in January; what does that mean for the housing market? Amidst a period of less-than-enthralling news for housing, the Census Bureau’s latest report on sales of newly built single-family

Florida Foreclosures Down 54.2% From Peak

The Florida housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Florida housing market are down 54.2 percent from their peak, according to the latest MarketPulse report from CoreLogic,

5 Key Takeaways from NAR’s Existing-Home Sales Report

Though much of the media coverage is focusing on the weak nature of NAR’s latest existing-home sales report, there were definite glimmers of optimism. We’ll start with what most of the media are reporting on – existing-home sales in

4 Worrying Trends in the Student Debt/Homeownership Relationship

Home purchases have skidded a bit in recent weeks, and student debt raises some troubling questions on where housing demand is heading. The numbers are in, and they’re not encouraging – housing demand is beginning to wane. According to

Miami Home Prices Up 16.5% in December Case-Shiller

Home prices in Miami continued to show improvement in December, according to the latest Case-Shiller indices. Miami home prices rose 16.5 percent year-over-year in December, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. As if that were

The 8 Biggest Concerns for Homebuilders in 2014

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

MAR: Miami-Dade has Record Home Sales for Third Year in a Row

Miami-Dade County reported record breaking home and condo sales in 2013, the county’s third straight record setting-year, according to findings recently published by the Miami Association of Realtors (MAR). Home and condo sales totaled 30,041 in 2013, an 8

4 Takeaways from Yesterday’s Miserable New Construction Report

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction

3 Trends that Could Influence Housing Inventory in 2014

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

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