With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Miami? It’s a classic case of supply and demand: demand for homes, on account of record low interest

On Friday morning Alex Rodriguez, member of the New York Yankees, closed the sale of his Miami Beach home in North Bay Road for $30 million. The sale of his home is one of the highest ever-recorded in Miami

Home prices in Miami remained among the strongest in the nation, with prices up both monthly and yearly in March’s Case-Shiller. Home prices in Miami were positive as ever in the March Case-Shiller Home Price Indices from Standard & Poor’s,

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

Redfin, a national real estate brokerage, will establish a presence in the South Florida real estate market. The Seattle-based brokerage will list and sell homes across Palm Beach, Broward and Miami counties. This is Redfin’s first Florida market and

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

South Florida home prices increase, yet still remain more affordable than renting Despite the fact that South Florida home prices have increased, statistics show that it is more affordable to buy a home than rent after two years. A

What income is necessary to afford the typical house in Miami? And how do those requirements compare with other major metro areas? “Housing affordability” is a term that gets thrown around quite a bit nowadays, and for good reason;

Is it still tough to get a mortgage? New numbers from the Federal Reserve offer an enlightening perspective on the issue. It’s the question on everyone’s mind, now that the housing market is on a slow, sustainable path to

The news was relatively good for Florida’s foreclosure markets in April, with foreclosure starts down by double-digit amounts. Florida’s foreclosure markets showed continued improvement in RealtyTrac’s U.S. Foreclosure Market Report for April, though the state still has some ways to go.

Developers are reacting to Miami’s shrinking inventory with an increase in new construction. 25 new condominium projects are in the works. Miami’s shrinking inventory is becoming extreme: out of the 22,000 condos created downtown during the boom years, only

American consumers are growing more and more confident with the housing recovery, according to Fannie Mae’s latest National Housing Survey. More than half of American consumers expect home prices to rise within the next year, according to the latest

Residential construction spending continued its forward progress in March, and the construction industry on the whole expanded impressively. Residential construction had another strong month of activity in March, with construction spending on residential projects in the month rising to

Miami posted both monthly and year-over-year increases in the February Case-Shiller, as the city continued to roll towards a housing recovery. There news was uniformly for Miami home prices in the latest Case-Shiller report from Standard & Poor’s, with

Though March’s Pending Home Sales Index from NAR was a positive one, it suggests the low housing inventory levels are affecting home sales at the contract level as well. Pending home sales rose by both monthly and yearly measures