Local News
Real estate news in Atlanta
By Peter Ricci A new Trulia study of the nation’s 100 largest metropolitan markets has come to a staggering conclusions – owning is cheaper than renting in every major metro market in the U.S. by 45 percent, or, $771
Miami home prices rose 4.4 percent annually in June in the latest Case-Shiller Home Price Indices from Standard & Poor’s, posting the third best year-over-year increase among the 20 metropolitan areas surveyed by S&P. It’s just the most recent month
By Peter Ricci Total residential sales in Miami-Dade increased 11 percent year-over-year in July, according to the latest stats from the Miami Association of Realtors (MAR). That increase was from record numbers in July 2011, and more specifically, existing-condo
By Carlo Calma The Miami real estate market has been added to the National Association of Home Builders (NAHB)/First American Improving Market Index’s (IMI) list of improving housing
Limited supply and strong demand are creating big upward swings in median sale prices throughout Miami-Dade County, according to the second quarter market report from the Miami Association of Realtors (MAR). The median sale price for condos in the
By Peter Ricci According to analysis of government documents, the three big government housing institutes – Fannie Mae, Freddie Mac and the Department of Housing and Urban Development (HUD) – have decreased their REO housing inventory by more than
By Peter Ricci The insane $47 million sale for 3 Indian Creek Island Road, a two-acre estate on Indian Creek Island, is garnering quite a bit of attention in the Miami residential real estate community, and for good reason. Indeed,
It’s no mystery that demand for housing throughout Miami has been high, if not stratospheric, in recent months, with agents having barely enough time to catch their breath, let alone keep up with sellers clamoring for residences. A new report
Marci Sepulveda and Anne Hartnett, the founders and publishers of Agent Publishing, appeared on Tastytrade’s “Bootstrapping in America” program for an in-depth interview on their professional experiences, the founding of Agent Publishing, and, of course, the current state of
By Carlo Calma Newly established boutique commercial and luxury residential real estate brokerage Vortex International Realty has officially opened its services to homebuyers in the south Florida market. The brokerage, located on 940 Lincoln Road in Miami Beach, will
The shadow knows – that his inventory is severely down! According to researchers at Morgan Stanley, the shadow inventory has fallen 35 percent from its 2010 peak, yet more evidence of stabilizing inventories in housing. The researchers estimate there
Home prices in Miami rose by 3.4 percent annually in May in the latest Case-Shiller Home Price Indices from Standard & Poor’s, as the city continued to lead the nation in its strong 2012 performance. As David M. Blitzer, the chairman
Standard & Poor’s will release its latest Case-Shiller Home Price Indices tomorrow, and analysts and journalists alike are eagerly awaiting its findings – and what they will suggest for housing prices across the country. So far, the narrative has
By Peter Ricci Pending home sales rose year-over-year for the 14th consecutive month in June, according to the latest Pending Home Sales Index from the National Association of Realtors. A forward-looking index based on contract signings, the Pending Home Sales
By Peter Ricci Last week, when June data was released for Miami-Dade’s real estate market, two things were clear: one, that housing in the sunny city is hot as ever, and two, that international buyers continue to play a
Zillow joined the fray of optimism that has swept over real estate analysis the past few weeks with its latest Real Estate Market Report, stating that not only did housing values bottom in February of this year, but they
