Trends
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Everybody and their uncle knows that Millennials will be integral to the housing recovery, but what do they actually want in a house? The Millennial generation, which encompasses Americans born between the early ’80s and early 2000s, is the
Builder confidence had been on a tear through 2013, but it seems to have hit a road block in 2014. Builder confidence fell precipitously in February, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square
With inventory low and showing no signs of improving, what can agents do to distinguish their clients? Although housing inventory in the overall Miami market has been increasing, competition remains steep in the Magic City’s top sub-markets. Amidst such
Though new homes have seen, on average, very impressive sales increases since 2010, the specific gains have told a different story. We’ll start with the good news – after its worst years since record-keeping began in the ’60s, the
Housing affordability has fallen nationwide in the last year; what of here in Miami? Housing affordability in the Miami housing market fell 20.1 percent in 2013, according to newly released data by the National Association of Realtors. From 2012 to 2013,
Miami’s housing inventory continued to improve with the New Year. Miami’s housing inventory has continued its steps in the right direction in 2014, according to the latest State of the Market report from Movoto. Per the report, Miami’s housing
Miami’s housing market continued to grow in confidence in January. Asking prices in the Miami housing market increased 14.3 percent year-over-year in January, according to the latest Price Monitor from real estate website Trulia. Even better, Miami’s 6.1 percent quarterly increase
Florida’s housing market showed some definite positivity in 2013, according to CoreLogic. Home prices in the Florida marketplace rose 9.9 percent in 2013, according to the latest CoreLogic Home Price Index. Prices were flat from October to December, but even
Last year proved a very positive one for residential new construction, according to the final Census Bureau numbers. Residential construction spending finished out 2013 at a very fine $352.6 billion, according to the final number crunching by the U.S.
Has Miami’s housing market picked up any steam in the last year, or is it moving sideways? We’ve been reporting with marked regularity on how the nation’s housing market has slowed down, but is that trend consistent here in
Housing inventory is something we follow pretty closely, and realtor.com’s latest numbers suggest quite a bit about the current housing market. Oh housing inventory, how we love you. One of the major narratives of the housing recovery, it seems
Miami put up some of the strongest residential construction numbers in the U.S. in December Residential construction in the Miami area totaled $339 million in December, according to the latest number crunching over at McGraw Hill Construction. Not only
Florida’s foreclosure inventory continues to improve, according to the latest research by CoreLogic. Florida’s foreclosure marketplace continued on the path to recovery at the end of 2013, according to CoreLogic’s latest National Foreclosure Report. In Dec. 2013, 6.7 percent of the
Last year closed out on a sour note for pending home sales, according to NAR’s final tally. Dec. 2013 was a rough month for pending home sales, with the Pending Home Sales Index dropping 8.7 percent from November to
Existing-home sales enjoyed a very healthy 2013, though it’s unlikely the market will repeat that performance in 2014. The housing market capped off a successful year in existing-home sales in December, with sales rising 1.0 percent from November to