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CoreLogic HPI: Home prices are up across the board

According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average

Concern over skilled-labor shortage mounts in the wake of Harvey, Irma

It’s no secret that the amount of skilled laborers in the United States continues to decline. In fact, a recent report by the Associated General Contractors of America found that up to 70 percent of contractors say they have

Rates of homeownership are still drawn upon racial lines, study finds

Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by

Miami braces for Hurricane Irma

While Texans are still recovering from the destruction of Hurricane Harvey, just a few states away in Florida, residents, government officials and business owners are preparing for landfall of Hurricane Irma. On Tuesday morning, the storm was upgraded to

Housing affordability proves problematic for Miami’s low-income renters

A new study by Zillow reveals that rent growth continues to eclipse income growth for Miami’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in

Study ranks Miami home markets among country’s worst

Weighing things like median home-price appreciation, home sales turnover and job growth, WalletHub recently released a list of the country’s best and worst housing markets. Out of the 300 measured, Miami and Miami Beach rank toward the very bottom,

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Miami construction rates took a slight dip in July, report finds

Though the amount of construction in Miami might seem abundant to its residents, the dollar amount spent on construction starts is actually on the decline throughout the city. A recent report by Dodge Data & Analytics reveals that total

Sales, median prices for Florida homes increase in July

According to a new report from Florida Realtors, the state experienced more closed sales, higher median prices, increased pending sales and new listings in July 2017 compared to the same time last year. Like much of the nation, Florida’s

Miami named among top pet-friendly cities in U.S.

Puppy Love is in the air… but not in a romantic way. The city of Miami loves their pets. Study shows Miami to be one of the best places to live if you’re an animal lover. Because of the

On the move: Why Miami renters are relocating in droves

Despite settling in Miami, a recent Apartment List report suggests that many of the city’s renters aren’t so settled after all. The survey – which consists of nearly 24,000 metropolitan renters nationwide – reveals that 76 percent of residents currently renting

Fashion houses dip into Miami residential market

Miami’s reputation as a hot fashion city has been growing in recent years, with a number of well-known designers calling it home as well as the 2016 launch of the Miami Fashion Institute at Miami Dade College. But outside of the

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More Americans are searching for homes in Miami, report finds

Miami is known for its steep prices, but that doesn’t stop plenty of Americans from house hunting there. According to Redfin’s recent migration report, Miami ranked eighth out of the country’s biggest metros when it came to largest net inflow

Report: Florida housing market shows steady improvements

In the second quarter of 2017, the Florida housing market had more closed sales, higher median prices and more pending sales, according to Florida Realtors. The median sales price for a single family home in Florida in the second

Growing domestic interest in Miami luxury real estate: a Q&A with Million Dollar Listing Miami’s Chad Carroll

Miami is one of the hottest international real estate markets in the U.S., with a reputation for attracting buyers from a number of countries including Colombia, Venezuela and the United Kingdom. However, domestic interest is also growing in the city, specifically

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Miami home market considered overvalued, report finds

According to the CoreLogic Market Conditions Indicators data, the Miami-Miami Beach-Kendall MSA is considered one of four markets in the country that were overvalued in June. The report says an overvalued market is when home prices are at least 10 percent

Miami area packs list of most-expensive Florida ZIP codes for renters

Recent data from Yardi Matrix shows that the Miami area is the most expensive in Florida for renters, with 19 of the top 50 ZIP codes falling in Miami-Dade County. The most expensive is in Coral Gables, where the

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