Miami rents decreased 0.6 percent in the past year to an average of $1,849, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Miami increased 5.0 percent. Rents rose only 0.7 percent nationwide compared to

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

Teachers play a vital role in society and the economy, but school systems are seeing a shortage in qualified teachers. That’s in part because teachers often can’t afford to live where they work, according to a new study. Nearly

  Distressed sales in Miami have dropped significantly in the first quarter of 2017 and since last year, a positive development for a market readjusting after a boom while shaking off some effects of the market crash. According to

Miami is one of the least affordable housing markets in the country. Despite a glut of housing units on the market and more set to come online, affordable housing is not very prevalent in Miami’s working-class neighborhoods. But there

Home sales are slowing down in the Miami area, but there are a few areas that are bucking the trend. First-quarter sales figures showed that Miami-Dade had 5,939 sales closing so far this year. That’s down 14 percent from Q1

Miami foreclosure activity falls below pre-recession averages, according to a new report from ATTOM Data Solutions. Nationwide first quarter foreclosure activity also was reported as below pre-recession levels. The Miami-Fort Lauderdale-West Palm Beach MSA reported 6,612 properties with foreclosure

Despite a slight rebound in February 2017, cash sales of homes in Miami have declined significantly, a sign that international and big-money investors are cooling on the market, according to a recent market study. There were 289 homes paid

Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as

About 70 percent of renters say securing enough cash for a traditional down payment is the biggest obstacle to buying a home, according to a study by Zillow. With an average mortgage payment costing less on a monthly basis

Miami’s condo market has slowed considerably, as unsold units pile up to create previously unseen inventory levels. To address the problem, developers are getting creative with the kinds of incentives they’re offering to buyers. Luxury condo buildings are seeing international

Sustainability and an environmentally friendly community are amenities that more and more homebuyers are looking for, according to a recent survey by the National Association of Realtors. Here is perhaps the most obvious sign that green technology is a

Middle-market homes—ranging from $250,000 to $600,000—have seen substantial increases in sales and median prices, according to a new report from the Miami Association of Realtors. Considered a welcomed trend by experts, this comes as much of Miami’s recent growth in housing

New home starts have fallen steadily this year as the Miami real estate market deals with an excess of unsold inventory, according to a report released Thursday by Dodge Data and Analytics. Dodge’s report on February housing starts shows a

Homeownership rates are falling in over half of the country’s largest cities as more residents seek out rental agreements, and nowhere is the problem more apparent than Miami, according to a recent Redfin study. Though home sales jumped in 2016 and are

  Miami has become one of the least affordable housing markets in the country, and now residents are looking to live elsewhere, according to a recent study. Prices have spiked mainly due to foreign investors, while wages and average incomes have continued to