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CoreLogic Reveals June Cash Sales

Cash sales, while still a prevalent portion of total sales, continue inching closer and closer to pre-crisis levels, according to CoreLogic. Cash sales continue ebbing closer and closer to pre-crisis levels, according to CoreLogic’s recent June sales report. Nationally,

Miami Asking Price Growth Best in Nation in August

 Asking prices continued their ascent in August, according to new numbers from Trulia. Asking prices in the Miami area rose 15.6 percent year-over-year in August, according to the latest Price Monitor from real estate website Trulia. That not only gave

How Much is $1 Million, Really?

 $1 million is a hefty chunk of change, but new data shows that it goes much farther in some metro areas than in others. How much is $1 million, in the grand scheme of things? According to some very interesting

CoreLogic Report Examines Growing Home Prices

Home prices continue rising, CoreLogic finds, but the geographic drivers of the increases may be shifting. Home prices continued to show signs of improvement in July, according to the latest Home Price Index report from CoreLogic. Nationwide, home prices, including

Negative Equity Heavily Concentrated in Lower Price Points

Negative equity persists in today’s housing market, but its impacts are not equally felt in every price point. Earlier this week, we reported on new findings by Zillow that a whopping 42.6 percent of Generation X mortgage holders are

Residential Construction in Miami Stumbles in July

Construction spending stumbled a bit in Miami in July, though it’s more an outlier than anything else. Residential construction spending in the Miami region totaled $307 million in July 2014, a 27 percent decline from last year, according to the latest stats

New Report Talks Miami Affordability

The U.S. housing market has been in recovery mode the last two years, and despite gains, some areas remain in dire straights. If the real estate industry can be thought of as its own world, then consider the bursting

Falling Foreclosure Rates Represent A Housing Market That’s Bouncing Back

New CoreLogic report finds that even though foreclosures are still around, their presence is much less pronounced. In 2013, foreclosures were at the epicenter of the housing conversation. However, after a year of tirelessly closing short sales and pushing

Miami Residential Construction Still Down Substantially From Historical Norms

Though our marketplace has traversed quite the terrain since 2008, new data shows that it still has quite a bit of ground to cover. We report quite regularly on building permits at the national level, but how have permits

Why NYC Brands are Flocking to Miami

There was a time when Miami was a cultural backwater of sorts, a seasonal destination clad in Art Deco architecture from its former heyday as an Oceanside playground catering to the likes of F. Scott Fitzgerald. While its population

Miami Home Prices Show Signs of Slowdown in Case-Shiller

Home prices in the Miami region showed signs of slowing down in the latest Case-Shiller. Home prices in the Miami metro area rose 11.5 percent year-over-year in June, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s.

MAR and MLS Release Joint Report Touting Sustainable Growth

Growth in Miami’s market remains strong and seems primed to continue growing even stronger. #83975094 / gettyimages.com Miami’s housing market is continuing to rebound from a lackluster performace at the beginning of the year, with strong demand from both

CoreLogic Reveals May Cash Sales Data

New CoreLogic report reveals another month of dwindling cash sales, but some states are maintaining high cash sales volumes. #3464-000089 / gettyimages.com Cash sales in the U.S. were down in May, according to a new report from CoreLogic. Falling

This is How Important Government Financing is For First-Time Homebuyers

Simply put, without government guarantees, the percentage of first-time homebuyers would be even smaller than it already is. #181215771 / gettyimages.com In June of this year, only 28 percent of existing-home sales went to first-time homebuyers, a historically low

Miami’s SLS Lux Brings In $300 Million In Only 10 Days

Earlier this year, hospitality group sbe began grabbing headlines with the rollout of its new high-end real estate brand SLS Lux. The group’s first SLS Lux hotel, scheduled to open later this month in Las Vegas, has been garnering

Old Palm Golf Club Posts Record Sales In Q1 and Q2

Once again, Old Palm Golf Club is proving to be a popular destination for Florida’s, and the world’s, luxury clients, recently announcing first and second quarter sales that are on pace to break records. In the first six months

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