News / Features
Only three months ago, the consensus among economists studying the U.S. housing market was that 2019 would be, at best, unimpressive. Given prevailing trends at the time, it looked as though rising interest rates would continue driving up the
The U.S. Census Bureau is renewing its push to stimulate innovative technological developments through the use of its own data. The Opportunity Project (TOP), a collaborative effort between government agencies and private tech firms, continues to build upon initiatives
Developers hope new tech will speed up permitting process Last October, Miami city officials announced the rollout of a new electronic system for developers to submit building plans for review by the proper authorities. Known as Electronic Plan Review,
Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,
The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report. According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January
A surge in home and condo inventory is making Miami one of the most attractive real estate markets for buyers in the U.S. this year. A recent report from Zillow, using its proprietary Buyer-Seller Index, named the Miami-Fort Lauderdale
One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a
On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria
Real estate agents in the Miami area may be ramping up marketing efforts that target condo buyers, as recent data show a local market primed for sales opportunities. Some condo owners and developers are even launching their own campaigns
Miami-Dade property tax deadline approaches Miami-Dade County Property Appraiser Pedro J. Garcia is urging homeowners to file property tax returns soon amidst the upcoming March 1, 2019 deadline. Garcia is hoping property owners pay special attention to several new
Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may
Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes
U.S. homebuilders haven’t seen quite the same gains as the broader real estate market in recent years, but signs are beginning to point in the industry’s favor this year. A new report from LEK Consulting and Wells Fargo’s U.S.
Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted
Miami ranks 12th in U.S. for traffic No one likes sitting in traffic, but Miami residents have recently amped up their concerns around swelling vehicle congestion in the booming city. Now, with the release of a new study
Millennials face fewer housing choices as seniors age in place More senior citizens around the U.S. are choosing to age in place rather than sell their homes and move to a retirement community, and those decisions could be
