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Earlier this month, Lesley Deutch, a principal at John Burns Real Estate Consulting, hosted a panel featuring three of Florida’s most distinguished builders – Stock Development, David Weekley Homes and Homes by WestBay. Among the topics the trio discussed was
The Miami area continued its strong home price growth in 2016, according to the latest Case-Shiller Home Price Indices. From March to April (the most recent month of available data), Miami home prices grew 1.1 percent, while year-over-year prices rose 6.4 percent;
Homeownership has become much less affordable for Miami consumers the last few years, according to a new analysis from RealtyTrac. The Q2 2016 Home Affordability Index, which compares wage growth to home price increases, found that without exception, home prices in
Having trouble keeping up to date on all of Miami’s top real estate news? Some of this week’s top stories include May’s spike in home prices, and Florida ranking among the best states to retire wealthy. In case you
The National Association of Hispanic Real Estate Professionals released their top 250 Latino agents awards for 2016, and 21 Miami agents were among those honored. Agents were nominated for their significant number of transactions and dedication to homeownership. The 21 agents from
The condo market in Miami has come a long way since the 2008 housing crisis. At that time, roughly 30,000 condos stood empty due to over-development and a crashing economy. Since then, the market has steadily improved and was
For the fifth consecutive month, Colombia has lead all foreign countries in searches for South Florida real estate, according to the Miami Association of Realtors (MIAMI.) Colombia continues to top the list partially because of its demographic of buyers,
Miami is hemorrhaging foreign buyers, and it begs the question – will the market survive? In 2015, South Florida was a preeminent hub for international buyers. In the Miami Herald’s second annual Miami-Dade County Real Estate Study, real estate
Miami is overvalued; Miami is overbuilt; Miami is in a bubble. Those are statements we have heard throughout the last 12 months, but definitive answers on what’s really happening in the Magic City’s real estate market are hard to come
The best word to describe the Miami real estate market may be “enigmatic,” as The Miami Herald’s second annual Miami-Dade County Real Estate Study demonstrated. In its study, conducted by Bendixen & Amandi, the Herald surveyed 100 professionals hailing from all
Florida has a top 20 economy in terms of “economic activity” when compared to other states in the U.S., a WalletHub report recently confirmed. The news is good for the real estate industry and its professionals. Compiling data that
Miami is one of the world’s premier international hubs. As a testament to the city’s international appeal, a Trulia analysis of home searches by foreign buyers found that of the 16 countries looking for U.S. homes reviewed, nearly half
This week was an active one for Miami’s real estate market, as the stories below bear out: •Thanks to new construction, Miami-Dade property values rose 8.6 percent in 2015. As the Miami Herald reports, North Miami Beach saw a particularly strong
This spring homebuying season could be a difficult one for home sellers in Miami, according to a recent analysis from Zillow. According to the company’s April Real Estate Market Report, the inventory of homes in Miami has risen across
The country’s 25 top-selling subdivisions of 2015 have been named, and on the national stage, the top four are in Florida, and two of those are in Miami, according to Metrostudy data first reported by Builder. Miami’s top subdivision
Every year around October, Miami is hit with the King tide and the city floods. It is a reminder of the city’s vulnerability and penchant for taking on water – a fact confirmed in CoreLogic’s 2016 Storm Surge Report,
