Read Today’s Top Story: Miami-Dade home sales increase again

National News

CoreLogic: Florida Foreclosure Inventory Down by 34%

Florida’s foreclosure markets continued to improve in 2013, falling by more than a third from last year in October. October was a very solid month for Florida’s foreclosure markets, which saw considerable improvement from last year, according to the

Who the Heck is Mel Watt? 3 Reasons You Should Know

Does the name “Mel Watt” ring a bell? No? Well, come Tuesday, he could become the most important person in your professional life. Let’s start with a simple quiz: who is Mel Watt, and why is he important for

Trulia: Miami Asking Prices Jump 15.1% in November

Asking prices in Miami continued to increase by very encouraging amounts, according to the latest analysis from Trulia. Miami’s housing market continued its unseasonably strong performance in November, with asking prices in the area rising a very impressive 15.1

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

5 Critical Details about New Residential Home Sales in October

October would seem to be a rockin’ good month for new residential home sales, but is there more to that data than meets the eye? Let’s start with the good news – according to the Census Bureau, new residential

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.

Census Bureau: Construction Spending Up 5.3% in October

Construction spending was positive in October, but what do the larger trends say about construction in 2014 and beyond? For the second week in a row, the government has released promising numbers for construction, though there still remains considerable

Residential Construction in October at Highest Level in 5 Years

October was a great month for residential construction, with both the single-family and multifamily markets rising to new post-boom levels. Though the government shutdown handicapped the Census Bureau’s data on residential construction, what it did report in its latest

NAR: Pending Home Sales Down Slightly in October

Pending home sales were down in October, and there remain several pitfalls for housing in the coming months. Pending home sales fell yet again in October, and the terrain remains a bit precarious for housing, according to the latest

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

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

The 5 Key Characteristics of Homes Purchased in 2013

What types of homes have proven most popular with homebuyers in 2013? We take a look at recent NAR data to find out. Consumer preferences are an ever shifting, evolving landscape, and few regions of the economy shift more

NAHB: Builder Confidence Unchanged in November

Builder confidence held steady in November, with more builders seeing conditions as good than bad. Builder confidence for the newly built, single-family home marketplace was unchanged in November from a downwardly revised level of 54 in the latest National

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

The 13 Ways That Home Size Impacts Room Size

There are many components to a house, but how does the house’s overall size impact the space of those components? The last couple of weeks, we’ve been looking at the typical sizes of newly built single-family homes, and how

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