Trends
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Round and round we go on the housing inventory roller coaster! Where did it stop in October? Existing-home sales may have dipped a bit from September to October, but there was one undeniably positive sign in NAR’s latest report
October continued Miami’s strong housing streak, according to the Miami Association of Realtors. Miami home prices increased for the 23rd straight month in October, rising 18.9 percent year-over-year to $220,000, according to the newest analysis by the Miami Association
Inventory shortages continued to cramp existing-home sales’ style, according to the latest analysis by NAR. Existing-home sales were down for the second month in a row in October, falling 3.2 percent from September, according to the National Association of
What types of homes have proven most popular with homebuyers in 2013? We take a look at recent NAR data to find out. Consumer preferences are an ever shifting, evolving landscape, and few regions of the economy shift more
Builder confidence held steady in November, with more builders seeing conditions as good than bad. Builder confidence for the newly built, single-family home marketplace was unchanged in November from a downwardly revised level of 54 in the latest National
We often hear about how expensive condos are in our area, but how do they compare to other metro areas in the U.S.? Condo prices nationwide continued to increase in October, according to new analysis by the folks at
The housing market has seen strong price gains through much of 2013, but has it made up all that lost ground from the downturn? Let’s start with the good news: there’s no way that the national housing market is
There are many components to a house, but how does the house’s overall size impact the space of those components? The last couple of weeks, we’ve been looking at the typical sizes of newly built single-family homes, and how
We keep wondering when/if the government will reform Fannie Mae and Freddie Mac, but key trends will determine how those reforms take place. It’s the question on many a real estate professional’s mind – when will the government get
Christmas comes early every year for the Miami Agent staff with the release of the Profile of Home Buyers and Sellers from NAR. Rejoice – ’tis the most wonderful time of the year! No, we’re not celebrating an early
Homebuilder incentives were commonplace in the housing market in the months following the market crash, but how common are they now? In the months following the housing crash, homebuilders across the country were presented with a most unique of
How common is it for home sellers in our area to lower their asking prices? And how do we compare with other major metro areas? Signs have been quite clear in recent months that the housing market has noticeably
The housing market experienced a great swing of activity in the summer months, but what’s happening now as the market starts to cool? Homebuyer interest may have surged to its highest level in years during the summer homebuying season,
The health of Miami’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in the Miami fell a hefty 34 percent year-over-year in the third quarter, according to the latest
Asking prices seem to be slowing down nationwide, but is that the case here in Miami? October was a very positive month for Miami’s asking prices, with the metro area posting strong yearly returns in Trulia’s latest Price Monitor.
We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home