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NAR: Existing-Home Sales Soften in Feb. to Lowest Level Since 2012

Existing-home sales continue to level out in February, according to the latest analysis by NAR. Existing-home sales continue to soften in February, falling 0.4 percent from January to February and 7.1 percent from Feb. 2013, according to the latest

Rated X – the 7 Things You Should Know About Gen X Homebuyers

What are the most important trends and details about Generation X, as it pertains to the housing market? For our second story on NAR’s Home Buyer and Seller Generational Trends report, we’re looking at the one generation that is rated

How Does Growing Inequality Affect the Housing Market?

Economic inequality is surging just about everywhere; how could that impact the local housing market? Income inequality has become a major news item in recent months, and for good reason – by almost every economic measure, inequality has increased

The 4 Things You Should Know About the ‘Post’ Generation

They’re called the “Post” generation and “Generation Z,” but they mean big things for the country in the coming decades. Here at Miami Agent, we report often on the Millennial Generation, and for good reason: at 80 million strong, Millennials

New Home Construction Slips a Bit in February

The nation’s construction sector continued to bump along in February, with all measures putting out lukewarm numbers. Another month, another around of lackluster construction numbers from the U.S. Census Bureau. According to the Bureau’s latest report, housing starts were

How Do Buyers’ New Home Preferences Differ by Ethnicity?

Many factors influence homebuyer preferences when looking at newly built homes, including their ethnicity. When looking at preferences among the buyers of newly built single-family homes, how do those preferences differ when looking at the buyers’ ethnicity? According to

NAHB: Builder Confidence Inches Higher in March

Builder confidence stabilized in March after experiencing its worst month in sometime in February. After a horrid month that saw builder confidence fall to its lowest level in 12 months, the NAHB’s Housing Market Index stabilized in March. The

7 Very Important Details About Millennial Homebuyers

Millennial homebuyers will be the next great source of housing demand; what traits set them apart from other generations? The National Association of Realtors’ Home Buyer and Seller Generational Trends report is among the more detailed homebuyer surveys out there,

Time on Market in Miami Down 7.59%

Median time on market was way out of whack during the years of the downturn; has it finally turned the corner? Time on market has been among the most oft-watched measures of the housing recovery, and new numbers from

4 Ways First-Time Homebuyers are Losing Ground

Threatening to halt any progress the market made in recent years is the fact that first-time homebuyers are struggling mightily. In fact, the National Association of Realtors (NAR) recently reported that first-time homebuyers possess the lowest market share the

Price Per Square Foot in Miami Leaps 18.10% in February

Property values in Miami continued to increase markedly in February, according to the latest numbers. Home values have been rising steadily in many metropolitan housing markets, but did that progress end in February? Take a look at our graph,

The Future of Multifamily Housing, in 5 Easy Steps

Multifamily housing has been the darling of the post-boom housing market, but can it sustain its levels of success in 2014 and beyond? A couple weeks ago, amidst headline-grabbing reports on home sales and construction, there was a little,

The 4 Problems with Rising Home Prices

We know, rising home prices are a very good thing, but are there elements of housing that they actually harm? We’ll start off with an affirmative statement – there are many good things that come about from rising home prices.

CoreLogic: Florida Foreclosure Inventory Down 37% in January

Our fine state continued to make progress through its foreclosure inventory in 2013, according to new analysis. Foreclosure inventory in Florida is down a whopping 38 percent year-over-year through January, according to the latest National Foreclosure Report from data

What Features Will Be Most Common in New Homes in 2014?

The features in a new single-family home change all the time, but what trends will be most common in 2014? Granite countertops? Walk-in closets? Laundry rooms? Yes, yes and yes. There are many possible things that can go into

Asking Prices in Miami Up 12.4% in February

Confidence remains strong among Miami home sellers, with asking prices posting yet more increases in February. Asking prices in the Miami housing market increased 12.4 percent year-over-year in February, according to the latest Price Monitor from Trulia. In addition,

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