Trends

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What is the Most Popular Home Improvement Project in Miami?

There are many ways that homeowners can improve their residences, but what projects are the most popular? Home improvement projects are among the key tenets of homeownership. You purchase a home, renovate certain aspects of it, and then, several

How is Space Distributed in New Homes in 2013?

The components of new homes in 2013 are pretty consistent, but how is space distributed across those various components? It doesn’t take a rocket scientist to deduce the components of a typical newly built single-family home. From the family

Are Zombies & Vampires a Problem in Our Housing Market?

What are Vampire REOs and Zombie Foreclosures? And what problems do they pose for the housing market? Last week, we reported on the latest National Foreclosure Report from CoreLogic, and the news was uniformly good: foreclosure inventory was down a

Does the Middle Class Have a Chance in Miami’s Housing Market?

The U.S. prides itself for its strong middle class, but how many options does that middle class have for housing in the nation’s largest cities? Homeownership has long been a cornerstone of the modern American Dream, the ultimate symbol

How Affordable Will Housing Be When Rates Hit 7 Percent?

Housing affordability has been on the decline this year, but by how much? And what will affordability look like when rates increase? It’s been an interesting year in the world of housing affordability. Record low mortgage rates and competitively

CoreLogic: Foreclosure Inventory Drops 33% in August

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer Caution Grows in Latest National Housing Survey

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

Did Miami Rents Increase in the Third Quarter?

The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.

Trulia: Miami Asking Prices Fall 1.5% in September

Asking prices may have slowed nationwide in September, but was that the case here in Miami? Asking prices in Miami’s housing market continued to increase in September, though they suggested the first slowdown for the Magic City in some

How Much Do Homes Cost in Top Tier School Districts?

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

McGraw Hill: Residential Construction in Miami Down 11% in August

Construction in the Magic City declined somewhat in August, though the city is still putting up some of the best numbers in the nation. First, the bad news – residential construction in Miami fell 11 percent from August 2012

CoreLogic: Home Prices Slow in August, Still Up 12.4% YOY

Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices

RE/MAX IPO Exceeds Expectations, Raises $220 Million

RE/MAX’s IPO exceeded expectations on Wednesday, raising more than $220 million in funding. RE/MAX became the latest real estate business to expand to the stock market with its IPO on Wednesday – and like those earlier companies, its IPO

How Last Year’s Housing Bust Impacted This Year’s Mortgages

According to The Wall Street Journal, banks made more mortgages last year than in any year since the housing downturn in 2000, with interest rates reaching their lowest levels on record. Researchers at the Federal Reserve analyzed the federal lending

Did Housing Activity in Miami Slow Down in August?

Housing had a great summer, but is the double-team threat of waning affordability and rising mortgage rates slowing activity? From the start of 2013 through May, the housing market nationwide performed quite well, with a number of factors –

NAR: Pending Home Sales Slow in August

Pending home sales were down in August, though they did retain their yearly returns. Tight levels of inventory, higher mortgage rates and rising home prices continued to impact pending home sales in August, according to the latest analysis from

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