Infographics

Mortgage denial rates remain shockingly unequal across racial lines

The mortgage denial disparity remains as wide as ever across racial lines, and it’s pronounced here in the Miami area, according to new Zillow analysis of Home Mortgage Disclosure Act data. The numbers are hardly encouraging: for all mortgage applicants in Miami,

Greater Miami home to nation’s No. 1 luxury market

Three of the five hottest luxury markets in the U.S. are in Greater Miami, including the country’s top market in Delray Beach. But as far as the city itself goes, a new Redfin analysis confirms that things are not

Miami new construction continues to fall behind in 2016

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 September, Miami saw more than $267 million in total residential construction spending, a

Student debt remains huge obstacle for thousands of Miami buyers

Few cities are more affected by the problems of student debt than Miami, according to a new LendingTree analysis. Based on data from My LendingTree, the Magic City has one of the highest average student debt burdens in the country at $28,482.16. Our chart

The 10 biggest challenges for real estate firms in 2016

Last week, we reported on NAR’s “Profile of Real Estate Firms,” an exhaustive look at the composition of today’s realty businesses and a projection of where they are heading. Our first report looked at the state of real estate firms

Miami new construction losing its footing in 2016

The Miami new construction market continues to slow in 2016, according to research from Dodge Data & Analytics. In August, Miami saw nearly $571 million in total residential construction spending – still a very high number, but down 20 percent from Aug. 2015. Similarly, the market’s strong

The reason why Miami is great for first-time buyers

The Miami area features one of the most accessible mortgage markets in the country, according to a Credit.com analysis. Utilizing new data from the Urban Institute, Credit.com found that the average loan-to-value in Miami is 84 percent, meaning the average down

Case Shiller: Miami home prices continue their ascent

Home prices in the Miami housing market remained ahead of the national averages in the latest Case-Shiller Home Price Indices from Standard & Poor’s. Although Miami’s monthly increase of 0.4 percent was behind the U.S. average of 0.7 percent, its yearly

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

For some time now, agents and analysts alike have wondered why so few Millennials are buying homes, but new Census data has provided a remarkably straightforward answer – they’re all living at home with their parents. Compiled by Time magazine,

Real estate industry undergoes dramatic change in public opinion

The American public views the real estate industry more positively than at any time in the last decade, according to new research from Gallup. Based on its annual polling of public sentiment, Gallup found that 44 percent of Americans

Are McMansions finally going the way of the dinosaurs?

McMansions – the mass-produced, over-the-top, poorly appreciating eyesores that became the poster children of the housing bubble – seemed to be on the way out. Average and median home size had fallen considerably during the market downturn, as builders trimmed their ambitions

Miami new construction is holding pace in 2016

The Miami new construction market continued its solid 2016 performance in July, according to new numbers from Dodge Data & Analytics. In July, Miami saw more than $854 million in total residential construction spending, a pronounced 18 percent decline from July 2015. Year-over-year numbers,

4 things to know about multigenerational households

Multigenerational households – those that include two or more adult generations, or grandparent and grandchildren – are at an all-time high in the U.S., according to a new Pew Research Center analysis. Based on census data through 2014, Pew

What’s the final word on student debt and housing? It’s complicated.

The statistics are hardly encouraging: student debt has more than tripled in the last 10 years; its serious delinquency rate is higher than any other form of debt, including mortgages and credit cards; it now totals $1.37 trillion, and

7 signs that housing still has a long way to go

Americans are deeply pessimistic about economic mobility. By an overwhelming margin, they believe it is harder today to secure a middle-class lifestyle than it was for past generations. And a large majority continue to see the housing market in

Miami home sellers see outstanding returns in 2016

Home sellers in the Miami housing market have seen some of the best returns in the nation, according to the Q2 2016 U.S. Home Sales Report from RealtyTrac. Basing its analysis on publicly recorded sales deeds from more than 900 counties nationwide, RealtyTrac

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