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As of Oct. 2016, Canada surpassed long time leader, Colombia, to become the top international country searching for real estate in South Florida through the Miami Association of Realtors’ search portal, www.Miamire.com, according to MIAMI Association of REALTORS. Colombia had previously led
A proposal to amend the Miami Comprehensive Neighborhood Plan (MCNP) aims to to create new incentives for affordable building – something the city desperately needs. The amendment, which is sponsored by District Three Commissioner Frank Carollo and due for
Deals to sell homes failed at a much higher rate in 2016 than in 2015, and that was particularly true here in Miami. That was the finding of a striking new report from Trulia, which computed the number of
Parkland is the safest city in Greater Miami, and Weston is a close second. That’s according to Neighborhood Scout, which used FBI crime data to calculate and compare crimes per capita in U.S. cities. Nationwide, both Parkland and Weston
Miami is the nation’s twelfth-best city for jobs, and has the country’s No. 3 job market, according to a new report from WalletHub. The Magic City’s job market is likely to appeal to young professionals on the cusp of entering
It makes more financial sense to buy than rent in Greater Miami, according to new research from ATTOM Data Solutions. In its analysis, which incorporated 2017 rent data from HUD, wage data from the Bureau of Labor Statistics and public record sales deed data from 540 counties,
Miami’s housing stock is the No. 5 most valuable in the entire country, according to a year-end analysis from Zillow. Altogether in 2016, Miami’s residential properties tallied a worth of just over $818 billion, topping other major markets like
The Miami new construction market continues to put up strong numbers, according to research from Dodge Data & Analytics. In November, Miami saw more than $351 million in total residential construction spending, which is a 22 percent decline from Nov. 2015. Year-to-date construction spending, though,
Lots of interesting things happened this week in the world of real estate. Notable stories this week include the Shoma Group tapping Douglas Elliman for a project and AquaLuna reaching completion. And because we missed last week, we’ll also
There is an affordability crisis building in Miami. In a fourth quarter market report released this week, ATTOM Data Solutions provided stats on price and wage growth in Miami, and the numbers showed a less-than-complimentary relationship. Since the market’s
Miami’s real estate market posted stellar numbers in November, particularly among middle-tier and luxury homes, a new report from the Miami Association of Realtors and local MLS showed. Single-family home sales jumped 13.1 percent year-over-year last month – a massive
The U.S. Census released it 2016 population estimates this week, showing state-by-state growth from 2015 to 2016, and almost nowhere were gains bigger than in Florida. The state’s population made a 367,525-person leap from 20.24 million to 20.61 million
There are more than 44 million immigrants living in the U.S. They account for about 13.6 percent of the total population, and together represent billions in annual real estate transactions – Miami is one of the eight best cities at
When it comes to the housing market’s ever-worsening inventory situation, one factor receives an outsized share of the blame – the historically low levels of home construction. Although the explanations for construction’s low volume differ – NAR has consistently argued that builders
The Miami Association of Realtors continues to be an active force in expanding the city’s international appeal, this time presenting at Colombia’s largest property showcase, El Gran Salon, which was hosted in the country’s capital of Bogota. The expo, which
Starter homes in the Greater Miami area remain affordable relative to most of the country, but not for most of its residents – and it’s only getting worse. That was the finding of a very interesting new study from Trulia, which assessed
