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

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More and more people are bidding on homes they haven’t seen

Those looking to buy homes in this market have little time to ponder if they want an available home. In fact, more and more people are bidding on a home without even seeing it in person, according to a

Miami Association of Realtors
Scammers are still targeting Miami Realtors, MAR says

A fake Florida Realtor board is once again sending letters to Florida real estate professionals in an attempt to scam them, according to a recent report by the Miami Association of Realtors. The association sent out an updated alert Thursday advising members

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Renters don’t believe it’s a good time to buy, report says

America’s housing market might be notably stronger than it was when the recession hit nearly a decade ago, but not everyone is ready to jump back into buying. Despite wanting to purchase a house of their own one day,

Potential homebuyers could crowdfund their future homes

Fundrise, a Washington D.C. managing company, created a way for prospective homebuyers to crowdfund their future homes. Public investors buy shares in an “eFund,” a limited liability company that develops housing in the city. Investors must make a minimum

The average millennial needs to save for 16 years to afford a home in Miami, study says

As millennials have aged into the largest homebuying population in the country, economists and real estate experts have spent considerable time figuring out why the group is slow to buy homes. Millennial spending habits have been blamed, as has

Home price index hit five-month record high

Home prices rose across the country, according to a report released Tuesday. S&P Dow Jones Indices announced the positive results of the S&P CoreLogic Case-Shiller Indices which measures U.S. home prices. The U.S. National Home Price NSA (non-seasonally-adjusted) index showed

Homeowners believe it is a good time to sell. Why won’t they?

Market factors indicate that it’s a seller’s market, yet the number of homes for sale is at a record low. Now, an overwhelming percentage of homeowners believe it is a good time to sell, leading some to conclude that

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Here’s how much ocean views cost compared to city views in Miami

Agents know that prospective property buyers will pay a premium for ocean views. A study by Ross Milroy, a local real estate expert, shows exactly how much more one would have to pay for an ocean view in today’s

Most Miami homes can be rented for a profit, study says

If you’re considering becoming a landlord in a city like Miami, you’re in luck. Potential landlords can rent out most homes in a majority of America’s largest markets for a profit, according to a recent Zillow report. In 25 of

Real Estate Roundup: Caldwell Banker tops sales list, new sales office in Key Biscayne and other briefs

  Coldwell Banker named best-selling brokerage in Miami/Fort Lauderdale Caldwell Banker Residential Real Estate ranked as the top residential real estate company for sales volume in the Miami area in 2016, the company announced in a press release. The

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Trump tax plan targets loophole that spurs property investment, critics say

The Trump administration’s tax reform plan could have a negative effect on homeowners, but another key piece of the policy may especially hurt property investors. Though some experts have thrown cold water on the idea of a major tax overhaul

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National housing inventory drops at fastest rate in four years, study says

Low housing inventory has troubled buyers since the end of the recession, and it doesn’t seem to be getting any easier to beat out the competition for a purchase. In fact, the number of homes for sale has now dropped more quickly

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Tear-down starts increase to meet demand for smaller, more affordable homes

Tear-down starts are increasing to meet the rising demand for new single-family units, according to a new report from The National Association of Home Builders. The NAHB and Wells Fargo used their February 2017 Housing Market Index to track the

Majority of Americans say cost is top barrier to homeownership

As home prices continue to rise nationally month after month, affordability is a major concern for people across the country. Rising costs are making it more difficult for many potential homeowners to find quality homes with an affordable mortgage. According to a

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Miami home sales reach ‘historic’ levels in May, MAR says

Miami home sales were up across the board in May, and even set a record for the most single-family homes sold in one month, according to the Miami Association of Realtors. May saw 1,344 single-family homes sold in the

National median home sales price hit record highs, NAR reports

The median sales price hit a new high while the median days on market hit a new low, according to the National Association of Realtors. Total existing home sales increased 1.1 percent from April to a seasonally adjusted annual

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