2014 was a VERY good year for new construction in Miami, according to the latest stats. Total residential construction spending in the Miami area was $6.623 billion in 2014, a 62 percent increase from 2013, according to new numbers from Dodge

Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Miami area is poised to see more than 322,000 potential homebuyers enter the housing market fray over the next seven

We’re all waiting for Miami’s housing inventory situation to improve…and that could finally be happening. The inventory situation in Miami has been a dire one for some time, but 2014 closed out with some encouraging news, according to new numbers from realtor.com.

Home prices in the Miami area continued to set the indices on fire in the latest Case-Shiller. Home prices in the Miami area continued to lead the nation in November, rising 0.6 percent from October and 8.6 percent from Nov. 2013, according to the

MAR report marks 2014 as a record-breaking year for the Magic City. If the national market was hot in 2014, then Miami was on fire, as the newest sales report from the Miami Association of Realtors and local MLS

After the market crash that halted Miami developers building five years ago, the city that has become a destination for the wealthy with its luxury high rises, beach climate and attractions is experiencing a $50 million penthouse boom. Currently

In the next 10 days, the 52-story oceanfront Ritz-Carlton Residences tower in Sunny Isles Beach will reportedly launch preconstruction sales. The joint venture between Fortune International Group and Château Group located at 15701 Collins Avenue will offer units ranging from $2

Using data from 2014, Redfin predicts what Miami neighborhoods will stand out in the new year. Hot is the perfect way to describe the Miami market in 2014. With booming sales and a seemingly insatiable demand, the city has ballooned

Using data provided by CoreLogic, we look closer at the foreclosure and serious delinquency rates of the last two years. Last week, we reviewed CoreLogic’s latest foreclosure report, which provided a brief snapshot of national and local foreclosure levels

Douglas Elliman’s Q4 report marks a winter season rebound and sets the pace for a strong 2015. Today, Douglas Elliman released its fourth quarter market overview, dissecting a number of South Florida’s premiere real estate markets, including Miami’s mainland,

Cash sales are on the decline, but still represent a large chunk of the market. Recovery was the word in 2014, as the national real estate market shifted and readjusted to find its footing, and as we slowly begin

We’ve come a long ways since the market crash, but does new research suggest we’ve gone too far? With asking prices up in Miami by 11.9 percent, the market the market may be overvalued to market fundamentals, according to a new

November saw foreclosures drop…just not everywhere. Nationwide, the plague of foreclosures persists, but their frequency has dwindled to much more manageable and healthy levels, according to the latest report from CoreLogic. As of November 2014, completed foreclosures were 41,000,

Founder and CEO of ONE Sotheby’s International, Mayi de la Vega, recently announced that Eduard and Alla Zavulunov, founders of The Z Group, have joined the firm’s Aventura office as Global Luxury Specialists. With more than $40 million in

Housing has made definite progress the last couple years, but there remain pitfalls on the long, winding road to recovery. Mortgage rates remain at record lows; home sales, though down from 2013’s highs, are still miles ahead of the

CoreLogic’s third quarter equity report helps instill confidence for 2015. Early today, CoreLogic released its quarterly equity report, detailing the state of both the nation and individual metros in regards to the current level of equity in the market.