Infographics

Negative Equity Still Huge Problem in Miami

Progress has been made on negative equity front, but troubling trends persist In the Miami housing market, 17.4 percent of mortgage holders remain underwater, and a majority will not reach positive equity for some time. That was the sobering finding of

Why so Few Renters are Buying Homes

Many wonder why renters are not buying homes at a higher rate, but when one analyzes the numbers, it makes perfect sense. First, there was the notable study from John Burns Real Estate Consulting, which found that only 14.7 percent

Multifamily Dominates New Construction in Miami

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

Is Miami’s Luxury Housing Market Falling Behind?

Could Miami’s strong luxury housing market be slowing down? Sales prices for Miami’s luxury housing market slipped behind the general marketplace this year, according to a new Redfin analysis of the nation’s luxury markets. Redfin’s study analyzed the top 5 percent of

Miami-Area New Construction Up 19% in 2015

This year proving to be especially positive for Miami new construction Residential construction spending in the Miami area totaled $433 million in April, an 11 percent decrease from the $487 million of April 2014, according to the latest report from Dodge Data &

The 10 Biggest Challenges Facing Homebuilding in 2015

Significant challenges remain on the homebuilding front, according to new NAHB research “Booming” is a word that has been associated with Miami’s housing market the last couple of years, and no other adjective is more appropriate for the market’s new construction

3 Shocking Ways That Inequality is Harming Housing

A new Zillow analysis shows in stark terms just how damaging inequality is for housing’s future. Call it “The Great Housing Divide.” Although homeownership – on the strength of record-low mortgage rates – remains incredibly affordable, rising levels of

Non-Homeowners Show No Signs of Jumping on Buying Bandwagon

We keep hearing that many consumers are ready to enter the homebuying fray, but new analysis casts doubt on that sentiment. Fewer and fewer Americans are planning on purchasing a home, according to a new survey from Gallup. Gallup’s

Miami New Construction is Booming in 2015

This year is shaping up to be a remarkable one for new construction in Miami. After several prominent years in the shadows, it seems that 2015 is shaping up to be Miami’s best year yet of new construction. According to the

Americans See Real Estate as Best Long-Term Investment

Housing may have taken a beating during the downturn, but its reputation has recovered marvelously in the public’s eye. Americans consider real estate as their best long-term investment, according to a new survey by Gallup. That’s the second year

No, Renters are Not Buying Homes Anytime Soon

All the evidence suggests that renters are not rushing to the homebuying sphere. It would seem to be a perfect environment for homebuying. Not only are rents rising by considerable amounts, but relative to the costs of homebuying, it currently

Are We Underestimating the Student Loan Problem?

Student loan debt may be an even bigger problem than we initially thought. Here’s an eye-opening statistic – 31.5 percent of Americans who are paying down their student debt are at least a month behind on their payments. That

Could Miami’s Market Be Finally Slowing Down?

After a storming couple years of sales, is Miami’s housing market showing signs of a slowdown? Miami may have garnered a well-deserved reputation for a lively, fast-moving real estate market, but there are signs that the market could be slowing down. According

Are Miami Home Sellers Undervaluing Their Properties?

We may think we have a firm grasp of our market’s value, but new research suggests that’s not the case. Miami homeowners undervalue their listings by 1.26 percent, at least compared to what certified appraisers judge as the value of the

The Top 5 Reasons People Buy Homes

Many people buy houses, but what are the specific reasons for those purchases? The answers may surprise you. Why did American consumers purchase homes in 2014? And how did those reasons differ generation to generation? In our continuing coverage

It Takes Just 2 Years to Break Even on a Miami House – With Big Conditions

It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 1.7 years to break-even on a mortgage in Miami, meaning the point at which the total

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