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The 8 Biggest Concerns for Homebuilders in 2014

What issues in the homebuilding process keep builders up at night? Last week, we reported that builder confidence dropped to its lowest point in 12 months in February, with lousy weather and market concerns the main reasons for the

MAR: Miami-Dade has Record Home Sales for Third Year in a Row

Miami-Dade County reported record breaking home and condo sales in 2013, the county’s third straight record setting-year, according to findings recently published by the Miami Association of Realtors (MAR). Home and condo sales totaled 30,041 in 2013, an 8

4 Takeaways from Yesterday’s Miserable New Construction Report

The Census Bureau’s latest new construction report is not pretty, but as with all housing matters nowadays, there’s more than meets the eye. Here’s the information that you’ve likely seen, regarding the Census Bureau’s latest report on new construction

3 Trends that Could Influence Housing Inventory in 2014

We keep hearing that housing inventory has no where to go but up…but what factors will actually cause it to increase? “Housing inventory has bottomed.” “Housing inventory will recover.” “New homes will begin entering the marketplace.” Yeah, we remember

4 Essential Features for Millennial Homebuyers

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 Drops 10 Points in Feb. to Lowest Mark in 12 Months

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).

Price Per Square Foot in Miami Jumps 14.9% in January

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

What’s the Most Effective Bidding War Strategy in Miami?

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

Higher Priced New Homes See Far Stronger Sales Increases Since 2010

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 in Miami Tumbles 20.1%

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,

Inventory in Miami Starts 2014 on Right Foot, Rises 19.7%

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

Trulia: Miami Asking Prices Leap 14.3% in January

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

CoreLogic: Florida Home Prices Rise 9.9% in 2013

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

Census Bureau: Residential Construction Jumps 18% in 2013

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.

Redfin: 13.7% of Miami’s Listings Pending in Two Weeks

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

NAR: Housing Inventory in Miami Rises 17%

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

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