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The salary your clients need to buy in Miami

Across the country, the salary needed to live in the largest metro areas has fluctuated in 2016, according to a new report from HSH.com. In the metro Miami area, the median salary required to live is $62,370.25, a $512.75 decrease from last quarter. Although the salary

Case Shiller: Miami price growth exceeds the national averages

Home prices in the Miami area posted some of the best growth in the nation, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. In March, Miami home prices rose 6.2 percent year-over-year, which was more

Cheap ZIPs with good schools – Miami neighborhood makes the cut

All parents want their children to go to a good school, but not all parents can afford to live in the districts that house them. That’s not the case in Buford, according to a recent analysis from HomeUnion. “The

Miami new construction continues stellar 2016

The Miami new construction market continued its strong 2016 performance in April, according to new numbers from Dodge Data & Analytics. In April, Miami saw more than $321 million in total residential construction spending, a 35 percent decline from April 2015. Miami’s year-to-date

The gender gap is real among Miami homeowners

It is a well known fact that women earn less income than men, but new research from RealtyTrac has found that the gender gap also extends into real estate – especially here in Miami. According to RealtyTrac’s research, Miami

The true cost of homeownership in Miami

Earlier this week, Estately Blog released its rankings of U.S. cities by percentage of income spent on owning a home. Miami was named No. 2. In recent years, the Magic City has taken on new life, with huge jumps

Millennials find housing opportunities in Miami

The Miami housing market is among the most open to Millennial homebuyers – especially those with student debt. That finding came from a new study by Apartment List, which looked at the number of years it takes Millennial consumers

This Week in Miami Real Estate: Builders opt for rentals, Miamians steal boats and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Apartments replace condos – In

15 Miami neighborhoods are mostly $1 million-plus homes

In the last four years, homes priced over $1 million have become more prevalent around the country, with their market share increasing from 1.6 to 3 percent, according to a report from Trulia. But that increase has been much

Miami is a top 25 city for startups. Here’s why

Miami is one of the best cities in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. And it has room to improve further. “We are at

This week in Miami real estate: A record-breaking condo sale, historic district nears height increase, and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Record-breaking condo sale – Last month,

Millennials dream of homeownership…from their moms’ basements

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime

Miami mortgage activity jumps strongly in 2016

Overall mortgage activity is down in the Miami housing market this year, but that only tells half the story, according to RealtyTrac’s Q1 2016 U.S. Residential Property Loan Origination Report. Through the first quarter, RealtyTrac found, Miami lenders oversaw 29,934 originations, a

This Miami brokerage ranks in Florida’s top 3 for sales

Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. This year both Florida- and Miami-based brokerages were well

Is Florida a good state to live in for working moms?

The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,

This week in Miami real estate: Tri-Rail trouble, condos bounce back and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Developers make first purchase in

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