Read Today’s Top Story: 2025 South Florida real estate predictions

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Southern homebuyers slightly more optimistic about buying

More than two-thirds of homebuyers believe housing availability getting harder.

How buyers are financing their homes

Across the country, both home prices and demand for homes grew in 2017, driven by low inventory. As supply and affordability can be a hurdle for some homebuyers, many are still optimistic about their ability to receive financing even

Why do we argue with our neighbors?

Are you new to your neighborhood and looking to make friends? It may not be as easy as it used to be. According to a new survey, 40 percent of Americans avoid their neighbors altogether. The Homes.com survey also reveals that

Home sales decline for third consecutive month while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

Mortgage delinquency drops in July 

It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9 percent from July 2016

Miami construction caps off 2016 with strong growth

The Miami new construction market concluded 2016 in strong fashion, according to research from Dodge Data & Analytics. In December, Miami saw more than $618 million in total residential construction spending, which is a 7 percent decline from Nov. 2015. However, year-to-date construction spending, which

Why are so many home sales failing to close in Miami?

Deals to sell homes failed at a much higher rate in 2016 than in 2015, and that was particularly true here in Miami. That was the finding of a striking new report from Trulia, which computed the number of

The no. 1 reason why so few Millennials are buying homes in Miami

For years, agents and analysts alike have wondered why so few Millennials are buying homes, but a new analysis of Census data has provided a remarkably straightforward answer – they’re all living at home with their parents, and at

Miami new construction continues strong growth

The Miami new construction market continues to put up strong numbers, according to research from Dodge Data & Analytics. In November, Miami saw more than $351 million in total residential construction spending, which is a 22 percent decline from Nov. 2015. Year-to-date construction spending, though,

5 incredible ways homeownership has changed during the housing recovery

When the U.S. housing bubble peaked in 2004 and 2005, the market seemed to be in grand shape: the homeownership rate was 69 percent; the Case-Shiller National Home Price Index was 184.4, a 135.5 percent increase from 1994; and

The secret reason behind housing’s inventory shortage

When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders

Do not worry – rising mortgage rates are not the end of the world

The news sounds bad: mortgage rates have risen aggressively since the presidential election, and are now at their highest level since July 2015; for the first week in December, rates posted the largest weekly jump since 2013; and the Federal

Report: Miami new construction activity skyrocketing

The Miami new construction market is putting up some of the most impressive numbers in the nation this year, according to research from Dodge Data & Analytics. In October, Miami saw more than $1.108 billion in total residential construction spending, which is

The 3 trends that will define housing’s future

The cliche goes that the devil is in the details, and in no sector of the economy is that adage more appropriate than housing, where many slow moving, nearly imperceptible trends gather momentum outside the mainstream’s gaze – and then 20

The savings gap – why fewer Americans can buy homes

According to the 2016 Profile of Buyers and Sellers from the National Association of Realtors, 61 percent of all homebuyers used their savings to cover their down payment, while among first-time buyers, the share was even higher at 76

The 7 things your buyer clients are looking for in homes

There are many things a homebuyer considers when looking through the stock of available residences. New or used? Single family or condo? Near or far? Helping us sift through those options is NAR’s 2016 Profile of Home Buyers and

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