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Real estate news in Atlanta

Miami Housing Inventory Up 23.80% in February

Miami’s housing inventory continued to improve in February. Housing inventory in the Miami housing market increased 23.80 percent year-over-year in February, according to the latest State of the Market report from Movoto. Indeed, relative to other major housing markets,

What Share of Florida’s 2013 Home Sales Were New Construction?

We all know that new construction has made steady progress the last couple years, but what’s its share of home sales? As we reported last week, new home sales remain historically low. Though they did hit their highest mark

New Residential Construction in Miami Up 30% in January

The latest numbers from McGraw Hill Construction gave us insights to the nation’s new construction markets. New residential construction activity in Miami increased 30 percent January, with total construction spending totaling $293 million, according to the latest economic data

Miami Home Prices Expected to Rise 14% by 2018

A new study predicts good things for Miami’s housing market in the coming years. Home prices in the Miami residential real estate market are expected to rise by 14 percent from 2012 to 2018, according to the latest report

MAR Partners with Australian Real Estate Group

The Miami Association of Realtors (MAR) recently entered a partnership with the Real Estate Institute of New South Wales (REINSW), an attempt by both parties to capitalize on consumer interest in South Beach and the Australian state. Australia is

The Crimson: 60 Percent Sold

A 20-story luxury residential building in East Edgewater is 60 percent sold, and is ahead of construction schedule, according to a recent press release. More than half of the 90 units inside The Crimson, a waterfront project of Mckafka

Owning in Miami 38% Cheaper than Renting

We all know that rising mortgage rates and price increases have taken a bite out of affordability, but how does renting compare with owning in 2014? The homeownership/renting debate is an everlasting one, but in the post-boom housing market,

Florida Foreclosures Down 54.2% From Peak

The Florida housing market has made considerable strides in the last year, according to CoreLogic’s latest MarketPulse. Home foreclosures in the Florida housing market are down 54.2 percent from their peak, according to the latest MarketPulse report from CoreLogic,

Miami Home Prices Up 16.5% in December Case-Shiller

Home prices in Miami continued to show improvement in December, according to the latest Case-Shiller indices. Miami home prices rose 16.5 percent year-over-year in December, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. As if that were

MAR: Miami-Dade has Record Home Sales for Third Year in a Row

Miami-Dade County reported record breaking home and condo sales in 2013, the county’s third straight record setting-year, according to findings recently published by the Miami Association of Realtors (MAR). Home and condo sales totaled 30,041 in 2013, an 8

Median Price for Homes Sales Jumps Double Digits in 2013’s Q4

Miami’s real estate fortunes continued to grow in 2013’s fourth quarter. Miami home prices for single-family homes and condominiums increased in the fourth quarter of 2013, the eighth consecutive quarter of growth for each property-type, according to a report

Price Per Square Foot in Miami Jumps 14.9% in January

Has price per square foot continued its 2013 ascent in the New Year? Many things occurred in the housing market in 2013, but perhaps the most notable was the marked ascent in home prices and the price per square

What’s the Most Effective Bidding War Strategy in Miami?

With inventory low and showing no signs of improving, what can agents do to distinguish their clients? Although housing inventory in the overall Miami market has been increasing, competition remains steep in the Magic City’s top sub-markets. Amidst such

Housing Affordability in Miami Tumbles 20.1%

Housing affordability has fallen nationwide in the last year; what of here in Miami? Housing affordability in the Miami housing market fell 20.1 percent in 2013, according to newly released data by the National Association of Realtors. From 2012 to 2013,

Inventory in Miami Starts 2014 on Right Foot, Rises 19.7%

Miami’s housing inventory continued to improve with the New Year. Miami’s housing inventory has continued its steps in the right direction in 2014, according to the latest State of the Market report from Movoto. Per the report, Miami’s housing

House Flipping Losing Steam in South Florida

House flipping in South Florida increased only 8 percent in 2013 from 2012, after a 94 percent increase from 2011 to 2012. After house flipping increased dramatically from 2012 to 2013, the act of buying a home and quickly

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