Trends

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Miami Asking Prices Soar 10.4 Percent in August

Asking price growth appears to be slowing nationally, but was that the case here in Miami? Miami’s for-sale market continued to outpace its strong rental market in August, according to the latest Price and Rent Monitors from real estate website Trulia.

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Census Bureau: Construction Spending Jumps 5.2 Percent in July

Construction spending increased again in July, with residential construction leading the way. Construction spending in July continued its strong 2013 comeback, with overall construction activity rising 0.6 percent from June and 5.2 percent from July 2012 to a seasonally

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

The Top 9 Reasons That Consumers Moved in 2012

Quite a few Americans moved about in 2012, but what were the reasons behind their move? Last year, a hefty number of Americans moved to new residences – 35.5 million Americans, in fact, a 4 percent increase from 2011

McMansions: The Sequel

Many analysts were proclaiming the demise of the McMansion, but the super-sized housing option seems to have returned from the dead. The narrative went a little something like this: McMansions, or over-sized suburban homes, were an outgrowth of the

How Quickly Do Listings Go Under Contract in Miami?

The housing market, according to the latest numbers from Redfin, seems to be slowing down; is that the case here in Miami? For the third straight month, the percentage of listings that went under contract within two weeks decreased

The 9 Most Common Reasons For Home Sales in 2013

Why have home sellers sold their residences in 2013? We look at some interesting data and find the most prominent reasons. Housing inventory has been on a major upswing so far in 2013, with inventory rising nearly 22 percent

5 Possible Outcomes of Higher Mortgage Rates

Mortgage rates have risen rather dramatically since May; what impact could those increases have, though, on the housing market? At the beginning of May the average mortgage rate for a 30-year FRM was just 3.35 percent. Since then, as

What Does it Cost to Make your Dream Home a Reality?

What do you think qualifies for a dream home? Great location? Great views? Homefinder recently did some research into dream homes, and they decided that a ‘dream home’ was a single family home listed above $1 million with ‘dream

NAR: Higher Mortgage Rates Push Down Pending Home Sales

Higher mortgage rates negatively impacted pending home sales, according to new data from the National Association of Realtors. The Pending Home Sales Index, the leading measure of contract signings in the residential housing market, declined 1.3 percent from June

9 Ways that Kids Affect Their Parents’ Home Search

There are many factors that consumers consider when searching for homes, and a new Trulia survey shows the impact that kids have on homebuying decisions. Homebuyers have many factors to consider when searching for a home. From the area’s

New Home Sales Down 13.4% in July – Cold Water on the Recovery?

New home sales fell by a hefty amount in July; what does such a decline suggest about the housing recovery? July was a lukewarm month for new single-family home sales, with the Census Bureau reporting declines in sales numbers.

Miami Home Prices Up 14.8% in June Case-Shiller

June was a stellar month for Miami home prices, with the Magic City putting up some of the strongest home prices gains in the nation. Home prices in Miami were up 14.8 percent in June, according to the latest Case-Shiller

The Nation’s Busiest Residential New Construction Markets

Residential construction put up some great numbers in July, but are those gains consistent with our local real estate market? July was a very strong month for residential new construction. Not only were building permits up 2.7 percent from

5 Important Traits of Home Sellers in 2013

Home sellers have been tiptoeing back into the housing market throughout 2013, and we’ve collected the most important traits of those sellers. We’ve been covering the National Association of Realtors’ Home Buyer and Seller Generational Trends report pretty extensively

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