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Extreme highs and lows in Miami: Prices jump 150% in one Miami Beach neighborhood

Douglas Elliman released its quarterly market overview this week, and the findings describe a Miami-area market fraught with extreme ups (i.e. 150-plus percent year-over-year increase in home price in Fisher Island) and extreme downs (65 percent sales decrease in

Avatar Real Estate Services welcomes Dezurey Garcia to their South Miami Office

Avatar Real Estate Services announced that Dezurey Garcia has joined its South Miami office. Garcia is a Babson college graduate with experience in real estate research analysis and property management. Garcia’s experience in these fields, along with her fluency

2016 Who’s Who in Miami Real Estate
Why homebuyers are migrating to Miami and other Sunbelt cities

Miami experienced the seventh-largest population growth in the nation in 2015, according to Census estimates. From 2014 to 2015, the Miami area’s population grew from 5.937 million to 6.012, which was a 1.3 percent increase. The city’s change in population was larger than

New MIAMI partnership offers more international opportunities for agents

Miami Realtors have a new way to interact with their MLS; the result of a new partnership between the Miami Association of Realtors and RESAAS Services Inc., a cloud-based social platform for the real estate services industry. Earlier this

Miami’s luxury housing market is heating up

Miami has one of the busiest luxury housing markets in the country, according to the new Luxury Market Report from Coldwell Banker Previews International. In 2015, Previews reported, sales of homes priced $5 million and above totaled 43 in Miami. That was

Marlins Park helping to create buying opportunity in Little Havana

Baseball may not enjoy the same status it had in its glory days as the country’s greatest pastime, but in many places it remains as a significant influence on real estate. Well, its stadiums do. A new report from real

Good news for Miami’s spring sellers in new CoreLogic report

Home prices around the country are feeling the Spring season bump. According to a new report from CoreLogic, prices rose 6.8 percent year-over-year in February. At a state level, the gains were universal. “Home prices continue to rise across

Miami residential construction is booming in 2016

This year is shaping up to be a hugely positive one for residential construction in Miami, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Miami totaled $588 million, a 13 percent

5,000+ construction jobs added in Miami – will new construction follow?

Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. New construction

A Miami agent’s case for bikeability – property values

Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Miami housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing stock,

Greater Miami beats out nation in affordability, price growth

In the first quarter of 2016, every county in Greater Miami – Miami-Dade, Broward and Palm Beach – boasted a residential housing market more affordable than “historically normal levels,” confirmed RealtyTrac’s latest Home Affordability Index. Derived from publicly recorded

Cash sales best since 2008

In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to

In one Miami neighborhood, sales are up 300%

In Miami’s Biscayne Point neighborhood prices rose 34.6 percent year-over-year in February, according to a new report from Redfin; sales in the neighborhoos dropped 46.2 percent. In Eastern Shores, median home price jumped 35.2 percent, compared to a 37.5

MIAMI: Miami Prices Leap Forward, Still “Bargains”

Miami residential property sales totaled more than $810 million in February, which complemented major price gains while resisting the continuing trend of falling sales, according to a joint report from the Miami Association of Realtors and local MLS. On

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