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How Many Sellers in Miami Lower Their Asking Prices?

How common is it for home sellers in our area to lower their asking prices? And how do we compare with other major metro areas? Signs have been quite clear in recent months that the housing market has noticeably

Is Consumer Interest in Housing Starting to Wane?

The housing market experienced a great swing of activity in the summer months, but what’s happening now as the market starts to cool? Homebuyer interest may have surged to its highest level in years during the summer homebuying season,

MBA: Miami’s Foreclosure Inventory Down 34%

The health of Miami’s housing market continued to improve, according to the latest market research by the Mortgage Bankers Association. Foreclosure inventory in the Miami fell a hefty 34 percent year-over-year in the third quarter, according to the latest

Trulia: Miami Asking Prices Jump 12.4% in October

Asking prices seem to be slowing down nationwide, but is that the case here in Miami? October was a very positive month for Miami’s asking prices, with the metro area posting strong yearly returns in Trulia’s latest Price Monitor.

The 6 Reasons that Miami Homeowners Invest in Improvement Projects

We’re often told how great home improvement projects are for home sellers, but what are the actual reasons that sellers pursue such projects? Home improvement projects are often pegged as one of the grandest reasons for owning a home

CoreLogic: Florida Home Prices Up 12.14% in September

September was a solid month for home price growth in Florida, with prices rising in the latest index from CoreLogic. Home prices in the Sunshine State rose 12.14 percent year-over-year in September, according to the latest Home Price Index from CoreLogic. Though

3 Undeniable Signs That the Foreclosure Markets Have Improved

It’s been a slow, steady recovery for the nation’s foreclosure markets, but CoreLogic’s latest report solidified just how far they’ve traveled. The release of CoreLogic’s latest National Foreclosure Report, which covered economic data through September, made one thing clear

Residential Construction in Miami Nearly $268 Million in September

Was September was a positive month for Miami’s residential construction sector? Though residential construction in Miami remains relatively strong, the area posted weak numbers in September, according to numbers that McGraw Hill Construction provided us. Residential construction in Miami

The Nation’s Top Cemetery Housing Markets – A Deathly Serious Affair

This is Halloween, and cemeteries and gravestones are among the most quintessential images of the season. But year-round, how many transactions are near these arguably creepy areas? We associate many images with Halloween: witches, jack-o-lanterns, vampires, werewolves, and of

22.1% of Miami’s Listings Pending in Two Weeks

The real estate market continues to slow down nationwide, but are the national trends consistent here in Miami? The U.S. housing market continued to slow in September, according to the latest Real-Time Fastest Markets report from Redfin, which measured

Miami Home Prices Up 13.5% in August Case-Shiller

August was another solid month for home prices in the Magic City in the latest Case-Shiller Home Price Indices. Home prices in the Miami metropolitan area rose 13.5 percent year-over-year in August, according to the latest Case-Shiller Home Price Indices from

Pending Home Sales Fall for Fourth Straight Month in September

New data from NAR shows that pending home sales continued their downward progression in September. Pending home sales fell once again in September, with the Pending Home Sales Index from the National Association of Realtors (NAR) falling 5.6 percent

Did Miami’s Housing Inventory Increase or Decrease in September?

We’ve been seeing reports that housing inventory is beginning to stabilize; is that true here in Miami, though? Up, or down? That’s always the question when it comes to housing inventory, and with new realtor.com data in tow, we’re

MAR: Single-Family Home Sales Increase 21.8% in September

Home sales were up in Miami, but more importantly, inventory was up as well. Home sales were up 4.6 percent year-over-year in Miami-Dade, with single-family home sales rising 21.8 percent and condo sales rising 4.6 percent, according to the

NAR: Existing-Home Sales Dip Slightly in September

Existing-home sales declined a bit from August to September, though housing inventory continued to show promising signs. After hitting their highest level in nearly four years, existing-home sales came back down to earth in September, declining 1.9 percent to

What Foreign Homebuyers Love Miami the Most?

Miami remains a hotbed for international homebuyers, and new data from MAR tells us where they’re coming from. Though it should come as no surprise, Miami was among the nation’s busiest housing markets for international homebuyers in September. In

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