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CoreLogic: Foreclosure Inventory Drops 33% in August

The nation’s foreclosure markets have been showing considerable improvement in 2013, but did that trend continue in August? The good news continued for the nation’s foreclosure markets, according to CoreLogic’s latest National Foreclosure Report, with foreclosure inventory, completed foreclosures

Consumer Caution Grows in Latest National Housing Survey

Consumer sentiment on the housing market has gone nowhere but up in the last few months, but does the latest survey from Fannie Mae suggest a slowdown? Baby, we had a great run. Though consumer confidence on the housing

Did Miami Rents Increase in the Third Quarter?

The nation’s rental markets have been quite hot in the post-boom housing market; did that trend continue into the third quarter? There have been two distinct memes in the housing market since 2008, both involving the nation’s rental market.

Trulia: Miami Asking Prices Fall 1.5% in September

Asking prices may have slowed nationwide in September, but was that the case here in Miami? Asking prices in Miami’s housing market continued to increase in September, though they suggested the first slowdown for the Magic City in some

How Much Do Homes Cost in Top Tier School Districts?

Strong school districts are often a top selling point for certain neighborhoods, but how do they translate to the median price of the area? It’s gotta be among the most common of questions that real estate agents receive –

Condo Conversions Return to South Florida

Condo conversions were a big part of the South Florida housing market during the boom years, but they had been missing in action…until now. Condo conversions, aka the process of transforming existing apartment complexes into condominiums with multiple owners,

Enrique Iglesias Sells Bayfront Mansion for $6.7 million

The custom-built, waterfront mansion of singer/songwriter, Enrique Iglesias, has sold for $6,722,500 in Bay Point – one of South Florida’s most prestigious communities. Located at 4411 Sabal Palm Road, the home is currently the highest-priced listing sold per-square-foot in

McGraw Hill: Residential Construction in Miami Down 11% in August

Construction in the Magic City declined somewhat in August, though the city is still putting up some of the best numbers in the nation. First, the bad news – residential construction in Miami fell 11 percent from August 2012

CoreLogic: Home Prices Slow in August, Still Up 12.4% YOY

Though monthly home price growth slowed in August, it still posted strong year-over-year returns, according to CoreLogic. Well, the great home-price honeymoon may be drawing to a close. According to the latest Home Price Index from CoreLogic, home prices

Century 21 Partners With USA Bobsled Team

According to a recent press release, Century 21 is now the exclusive real estate sponsor of the USA Bobsled and Skeleton Federation. The announcement was made at the Century 21 Senior Leadership Conference in Miami and featured the unveiling

Did Housing Activity in Miami Slow Down in August?

Housing had a great summer, but is the double-team threat of waning affordability and rising mortgage rates slowing activity? From the start of 2013 through May, the housing market nationwide performed quite well, with a number of factors –

VM South Beach Acquires Versace Mansion for $41.5 Million

Just more than two decades after Italian designer Gianni Versace turned a three-story home into a Miami Beach icon, the oceanfront property has a new owner. According to a recent report from The Associated Press, VM South Beach LLC, a

Miami Home Prices Increase 13.7% in July Case-Shiller

Miami home prices in the latest Case-Shiller showed some signs of slowdown, though they were still quite positive. Home prices in Miami continued their strong 2013 performance in the July Case-Shiller, posting both monthly and yearly increases. According to

South Florida’s Top 5 Homebuilders

Homebuilding has come back to South Florida in a major way; which homebuilders are leading the charge? After an extended dry spell, homebuilding has returned to the South Florida housing market in a major way, with single-family home construction

Is it Cheaper to Rent or Buy in Miami?

Home prices have risen and mortgage rates have shot up by more than a percentage point – is it still cheaper to buy than rent in the Magic City? The housing market of 2009, 2010 and 2011 was a

MAR: Miami-Dade Home Prices Up 20.5% in August

The Miami-Dade housing market continued its stellar performance in August, though the single-family market seems to be cooling off a bit. The median sales price of single-family homes in Miami-Dade increased sharply in August, rising 20.5 percent from $195,000

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