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

After the successful redevelopment of the Wynwood neighborhood, developers and realtors are eyeing nearby up-and-coming neighborhoods Little Havana and Allapattah. But roadblocks exist before the communities can see the influx in real estate investment other Miami areas have seen.

  After a slowdown in 2016, the Downtown Miami condo market is expected to make a rebound this year, and will continue to do so until prices reach previously unforeseen numbers, according to a new municipal study. Last year

A new public transportation system will arrive in Miami by the summer, and is bringing with it a massive mixed-use development to Downtown Miami. Brightline, the new rapid-transit line linking Miami to Orlando, is expected to begin service out

Most major cities have Chinatowns – Chicago, Los Angeles, New York. So why not Miami? The City had the same thought last year in February when it passed a resolution designating the stretch of Northwest Seventh Avenue that runs between

Over the weekend, many Florida REALTORs members received letters from an organization called the “Florida Board of Realtors,” which does not exist. Florida REALTORS has notified its 164,000 members of what is likely a phishing scam. The scam involves illegitimate “final notices” seeking

Miami’s real estate market slumped in 2016, with the pace of sales and appreciation slowing. But still, the market remains hot – flushed with buyers from around both the country and the globe. It’s an attractive market with rising

Engel & Völkers Miami, a luxury real estate firm, recently announced the launch of the Estrada-Zea Team, established by married couple Juan Estrada and Margarita Zea, both residential advisors who specialize in luxury condos. The husband-and-wife duo, who are

ONE Sotheby’s International Realty released its annual real estate market report this week, detailing last year’s performance of Miami’s real estate market, and particularly intriguing insights into the area’s luxury single-family market. Here are a few of the report’s

Floridians on average have more mortgage debt than borrowers in most other states, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $177,932 in 2016, making it the

Miami’s new construction market plummeted in January, as spending dropped double digits from a year prior, according to research from Dodge Data & Analytics. But the dip isn’t so bad. Yes, residential construction spending from Jan. 2016 to Jan.

The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and

In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Miami. Prices continue