Local News

Real estate news in Atlanta

Time on Market in Miami Down 49%

Market activity in Miami has quickened considerably, according to a new series of stats from Redfin. Miami’s housing market had the need – the need for speed – in October, with time on market in the area falling a

CoreLogic: Florida Home Prices Rise 12.8% in October

Miami made it two for two in major home price indices, as the market continues to show signs of recovery. Home prices in the Sunshine state rose 12.8 percent year-over-year in October, according to the latest Home Price Index from CoreLogic.

Residential Construction in Miami Up 120% in October

Residential construction has been on the rise throughout the country in 2013, but what of here in Miami? October was a very good month for residential construction in Miami. How good? Try this: according to the latest analysis by

Class Action Lawsuit Alleges Zillow of Violating Agents’ Phone Rights

A Florida real estate licensee filed a class action lawsuit against Zillow, claiming that the company violated the 22-year-old Telephone Consumer Protection Act (TCPA), which forbids any autodialer calls to cell phones. Filed in the U.S. District Court, Southern

Miami Home Prices Up 14.5% in September Case-Shiller

September was a another strong month of home price growth in the Magic City, according to the latest Case-Shiller Home Price Indices. Home prices in the Miami metropolitan area rose 14.5 percent year-over-year in September, according to the latest Case-Shiller

Housing Inventory in Miami Up 9.23% in October

Round and round we go on the housing inventory roller coaster! Where did it stop in October? Existing-home sales may have dipped a bit from September to October, but there was one undeniably positive sign in NAR’s latest report

MAR: Miami Home Prices Hop 18.9% in October

October continued Miami’s strong housing streak, according to the Miami Association of Realtors. Miami home prices increased for the 23rd straight month in October, rising 18.9 percent year-over-year to $220,000, according to the newest analysis by the Miami Association

Existing-Home Sales Down in October for 2nd Straight Month

Inventory shortages continued to cramp existing-home sales’ style, according to the latest analysis by NAR. Existing-home sales were down for the second month in a row in October, falling 3.2 percent from September, according to the National Association of

How Pricey, Really, is Miami’s Condo Market?

We often hear about how expensive condos are in our area, but how do they compare to other metro areas in the U.S.? Condo prices nationwide continued to increase in October, according to new analysis by the folks at

Is Housing in Miami Still Undervalued?

The housing market has seen strong price gains through much of 2013, but has it made up all that lost ground from the downturn? Let’s start with the good news: there’s no way that the national housing market is

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

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