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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

Black, Hispanic homeowners hit the hardest by the housing collapse

One of the main ways for people to gain wealth is through real estate. When the housing market collapsed in 2007, homeowners’ equity (HOE) dropped significantly for everyone. But according to a new report from the Federal Reserve Bank of

Not just millennials: Baby boomers want walkable neighborhoods too, study says

Millennials are known for their desire to live in cities with busy nightlife and easy access to outdoor activities. But this need doesn’t only apply to Generation Y — it turns out baby boomers want walkability in their neighborhoods as

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Miami construction rates saw notable jump in June, report says

Total Miami construction rates increased in June, according to recent data from Dodge Data & Analytics. These numbers indicate diversion from the recent pattern of declining construction, which has occurred frequently due to excess inventory. The report considered all

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See which Miami market will provide the highest ROI for investors

Real estate investors are always on the lookout for which neighborhoods will provide them with the highest return on their investment. HomeUnion indicated ZIP codes in 20 major metros that maximize real estate returns while minimizing risk over the next

In Florida, it’s cheaper to own than rent a home

With rising home prices and high competition, many renters may think it is not worth it to switch over to homeownership. However, it is often better financially to own a home than to rent. GOBankingRates found that it is more

Existing homes sales down in June due to low inventory

Home sales decreased in June thanks to low housing supply, according to the National Association of Realtors. The Midwest was the only area nationally with increased sales last month. Total existing-home sales (completed transactions that include single-family homes, townhomes, condos

South Florida zip codes with the longest commutes

Miami-Dade County residents can expect commute times of at least 60 minutes, according to a new study. Esri’s calculations considered commuters via public transportation along with private modes. Broward and Palm Beach counties made it on the list, but

Renting out a spare bedroom can help millennials and benefit homeowners

Today’s housing market features a lot of demand with not enough supply. Millennials looking for housing options in popular metros have a hard time finding anything within budget and reason. One solution to this problem is what Trulia calls “boom-mates” or baby

Apartment construction is at a 20-year high, report finds

Demand for apartments is growing in most cities across the country, so it is no surprise that apartment construction is also on the rise. According to data from Yardi Matrix and Rent Café, apartment construction has reached a 20-year

South Miami to require solar panels on all new homes

South Miami passed a law Tuesday in which all new homes — including some renovation projects — must have solar panels installed, according to a recent Miami Herald report. The new measure will take effect Sept. 18 and is the first of

National median home value passes $200,000 for the first time, study says

The typical U.S. home is now worth more than $200,000 for the first time in history, according to the June Zillow market report. The national median home value now sits at $200,400. This number is a notable 7.4-percent increase from

Americans prefer real estate for long-term investing

Real estate is the preferred form of long-term investment, according to a new Bankrate report. This is the third straight year that real estate came out on top in this annual survey. The report found that 28 percent of U.S.

Online searches for first-time buyer mortgages are at an all-time high

The process of buying a home can be extremely daunting, especially if it’s your first time doing it. Recently, Chase Home Lending and Google paired up to figure out how and what people are searching online about homeownership. The companies discovered people

Miami has one of the least affordable housing markets in America

Miami is a hotspot for those seeking sunshine, miles of beautiful beaches and an active city nightlife. However, many residents can barely afford their own home there — the city came in at No. 2 on the Department of Housing and

Foreign investment in U.S. homes jumps 49 percent

The growth in sales dollar volume from Canadian buyers helped fuel foreign investments in U.S. residential real estate to a record high, according to a new report from the National Association of Realtors. The 2017 Profile of International Activity in

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