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Homeowners and appraisers come closer to seeing eye-to-eye on home values

A home appraisal is a crucial step in homebuying and selling, but often times homeowners and appraisers do not see eye-to-eye on the value of a home. According to Quicken Loans’ National Home Price Perception Index (HPPI), the average

Luxury home prices saw strongest growth since 2014

For the first time since 2014, luxury home prices saw stronger price growth than homes in the bottom 95 percent of the market, according to the latest report from Redfin. Luxury home prices rose 7.5 percent in the second quarter

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Housing sentiment falls in July after last month’s record high

The Fannie Mae Home Purchase Sentiment Index (HPSI) saw decreases in three of the six components in July, leading to an overall decline of 1.5 percentage points to 86.8 in July after June’s record high of 88.3. However, it is still

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Redfin stock struggles to find its footing

After its share price exploded in early trading, Redfin stock has fallen back to earth — though the company is still bullish about its long-term prospects. After debuting on July 28 at $15 per share, the real estate technology firm quickly spiked,

Rising rents are leading to a larger homeless population nationwide, study says

It’s easy to see America’s rents are skyrocketing, but some of the most drastic effects of this trend often go unnoticed by the average consumer. According to a recent Zillow report, higher rents are leading to a larger homeless population

Report: Housing demand dipped in June

The number of people seeking new homes slipped 4.3 percent in June — albeit from an all-time high in May, according to the most recent Redfin Housing Demand Index. In the index, 100 represents the historical average for the three-year period

Growing domestic interest in Miami luxury real estate: a Q&A with Million Dollar Listing Miami’s Chad Carroll

Miami is one of the hottest international real estate markets in the U.S., with a reputation for attracting buyers from a number of countries including Colombia, Venezuela and the United Kingdom. However, domestic interest is also growing in the city, specifically

Home renting is at a 50-year high, report finds

Due to lingering effects of the 2008 housing crisis, renting has become a widely popular option for those hoping to combine an independent lifestyle with affordability. In fact, more Americans are actually renting a home than at any point

American homeowners often forget about hidden costs, report finds

Potential buyers often judge a home’s affordability by looking at list price or mortgage rate alone. However, it’s crucial to take additional, more overlooked costs into consideration before purchasing a property, according to a recent Zillow report. Zillow paired with Thumbtack

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Miami home market considered overvalued, report finds

According to the CoreLogic Market Conditions Indicators data, the Miami-Miami Beach-Kendall MSA is considered one of four markets in the country that were overvalued in June. The report says an overvalued market is when home prices are at least 10 percent

Miami area packs list of most-expensive Florida ZIP codes for renters

Recent data from Yardi Matrix shows that the Miami area is the most expensive in Florida for renters, with 19 of the top 50 ZIP codes falling in Miami-Dade County. The most expensive is in Coral Gables, where the

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June was a banner month in Miami residential real estate

Single-family homes in Miami sold at an average rate of 42.3 per day for the past four months, and June marked the second-best in city history, according to a new report by the Miami Association of Realtors (MAR) and

These 11 Miami neighborhoods have the fastest growing home values in South Florida

While South Florida has generally seen modest home value growth, some neighborhood values have increased by double digits this year. According to a recent Redfin study, nearly half of the top 23 increasing home values throughout the area belong

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Report reveals ways to satisfy first-time homebuyers and sellers

The recent J.D. Power 2017 Home Buyer/Seller Satisfaction Survey shows there are key things real estate agents can do to make first-time homebuyers and sellers more confident throughout the process. And with recent upticks in home sales – which

Multigenerational homes becoming more popular for aging buyers, report says

As inventory tightens and Baby Boomers begin to age, more Americans are turning to multigenerational homebuying. According to the reNEWable Living Home survey conducted by BUILDER, multigenerational homes have proven to be easier on the wallet while also allowing buyers to

Homeowners saw an average price gain of $51,000 in Q2

According to the Q2 2017 U.S. Home Sales Report from ATTOM Data Solutions, homeowners who sold their homes in the second quarter saw an average price gain of $51,000 since their purchase. This is the highest price gain for

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