Trends

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Residential Construction Taking Off in 2013

Residential construction went through a rough patch after 2006, but new Census Bureau data shows the market roaring back to life. Residential construction had a strong month of activity in February, with spending on projects in February rising to

What Neighborhoods in Miami Have the Most/Least Inventory?

Housing inventory shortages have been an epic problem in some housing markets, but what neighborhoods in Miami are plagued by low inventory? Housing inventory in March was nearly 20 percent lower than a year ago, and though that’s the

Real Estate in These Markets is a Home Run

What MLB baseball teams are surrounded by the most valuable real estate? And do their winning percentages influence the local real estate markets? It’s opening day for Major League Baseball, and Trulia, as it seems to do with just

Are Home Prices Rising Too Quickly?

The turnaround in home prices has been one of the major narratives of the housing recovery, but could it be a curse disguised as a blessing? By most measures, U.S. home prices fell by more than a third from

Shadow Inventory Down 28 Percent From Peak

Shadow inventory is down an impressive 28 percent from its 2010 peak, but do its effect still languish in certain markets? CoreLogic’s latest report on shadow inventory in the U.S., which surveyed the nation’s inventory of seriously delinquent, REO

Hispanics Dominate Among First-Time Homebuyer Demographic

According to new research from the National Association of Hispanic Real Estate Professionals, homeownership among Hispanics is surging. Hispanics have been garnering increasing attention in recent months for their growing importance to the U.S. housing market, and a new

Tight Inventory Constrains Pending Sales in February

The nation’s shrinking housing inventory has begun affecting pending home sales, the National Association of Realtors has reported. Pending home sales stalled a bit in February, as the nation’s shrinking housing inventory offered homebuyers fewer and fewer choices. The

New Homes Sales in Feb Up 12.3 Percent

Though the sales of new single-family home sales faltered a bit month-to-month, they retained their strong yearly gains. After posting its strongest numbers in more than four years in January, sales of new single-family home sales faltered a bit in

Freddie Mac Predicts Best Spring for Housing in Six Years

The spring homebuying season is an integral time for real estate, and Freddie Mac is predicting 2013’s will be good news all around. The last couple months, there have been repeated signs of a housing recovery. From rising home

Miami Home Prices Post Yearly, Monthly Upticks in January Case-Shiller

Nationwide home prices continued to recover in January, but how did our local housing market perform by comparison? Miami home prices continued to keep pace with the housing recovery in January, according to the lastest Case-Shiller Home Price Indices from

NAHB Improving Markets Index Hits 274 Markets in March

The NAHB’s Improving Markets Index improved yet again in March, as more and more metropolitan areas join in on the recovery. The National Association of Home Builders’ (NAHB) Improving Markets Index expanded to 274 metropolitan markets in March, as more and

How Many Homes are Still Underwater?

Negative equity remains a problem in the U.S. housing market, but as new research by CoreLogic shows, the situation is improving. Riding the wave of home-price increases, roughly 200,000 residential properties returned to a state of positive equity in

Multifamily Housing Isn’t Going Anywhere This Year

Surging demand for multifamily housing was arguably the top real estate story of 2012, and new data from the AIA suggests no slowing down in 2013. 2012 might as well have been the “Year of Multifamily Housing.” Bolstered by

NAR: Existing-Home Sales in Feb at Highest Level in 3 Years

The news was uniformly positive in NAR’s latest existing-sales report, with sales and prices rising but what about housing inventory? Existing-home sales rose 10.2 percent in February year-over-year, while median price was up 11.6 percent according to the latest report

Is Owning Really Cheaper than Renting in Miami?

Home prices may be rising at a rapid rate, but they’ve done little to minimize the financial appeal of homeownership, according to a new study from Trulia. Trulia released its Winter 2013 Rents vs. Buy Report earlier today, and

Homebuilder Growing Pains – Why Builder Confidence is Slowing Down

For the third straight month, builder confidence, as measured by the NAHB, has stalled; should we be worried about homebuilding in 2013? Builder confidence for the newly built, single-family home market waned yet again in March, with the National Association

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