Read Today’s Top Story: Miami-Dade home sales increase again

Infographics

3 Important Graphs that Show Home Construction’s Recovery

When put in the proper context, residential construction has made considerable progress in recent years. The Census Bureau’s latest report on construction spending came out earlier today, and it represented what appeared to be more of the same –

The Great Divide in Homebuilding

Some measures of the U.S. home construction market suggest things have radically improved, but does the data support that? The Housing Market Index, the chief measure of homebuilder confidence for the single-family home construction marketplace, fell five points in

Florida Foreclosure Inventory Falls Dramatically

New data from CoreLogic drives home just how much progress our housing markets have made in clearing out their foreclosure inventory The last 12 months have been highly encouraging ones for Florida’s housing market, according to the latest Foreclosure

Pending Home Sales Rise, but What of the Future?

Pending home sales reached a milestone of sorts in September, but what does it mean for housing? Pending Home Sales increased in September by both monthly and yearly measures, with the yearly increase being the first in nearly a

A Simple Guide to Lending Standards – and How They Haven’t Improved

We hear about lending standards all the time, and new data from CoreLogic suggests that they’re still quite tight. Are lending standards too tight? That’s a question on the mind of many housing professionals and analysts, so we’ve decided

How Homebuyers in Florida Find Their Homes

There are many ways that homebuyers can go about locating their new residence, but how what are the most common methods among Florida homebuyers? Last week, we reported that nationwide, the methods in which homebuyers find their dream residence

The Top 6 Reasons that Homes Do Not Close

What are the most common reasons for why homes do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a house did not close, so we decided to take a closer

Living in (Single) America

Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in

Owning in Miami Considerably More Affordable than Renting

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Miami area remains 40 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly above

Number of Women-Owned Real Estate Firms Soars

Women have always played an important role in real estate, and new numbers show their prominence has only grown. The number of women-owned firms in real estate has grown by 41.4 percent in the last 12 years according to

Distressed Home Sales Fall in Florida in 2014

The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Florida. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just

Strong Condo Market Drives Home Prices in Miami

Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Miami’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.

Miami Among Nation’s Top 10 Luxury Housing Markets

A new ranking of the nation’s top luxury housing markets places Miami among some esteemed marketplaces. Our beloved Miami is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check

Miami’s Rental Market Continues Strong Performance in 2014

Our city’s rental markets have performed quite well in recent years, and 2014 seems to be no exception. The average rent in Miami in 2014’s third quarter was $1,147, a 1 percent increase from the second quarter and a 3.4

Average Down Payment in Miami Nearly $54,000

How does the down payment in Miami compare with other metro areas? According to analysis from LendingTree, the average down payment in Miami is 18.02 percent of the mortgage, which comes out to $53,716. How does this compare with

Residential Construction in Miami Soaring in 2014

Construction is the residential sphere is quite positive in Miami in 2014 According to the latest numbers from the Census Bureau, residential construction spending in August was at a seasonally adjusted annual rate of $351.7 billion, down 0.1 percent

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