News / Features
Low inventory led to decreasing existing home sales and days on market in April, according to the National Association of Realtors. The median days on market also declined, reaching a new low of 29 days. Total existing home sales,
Miami’s rental market is accelerating, but prices in some areas are showing sings of correction, according to recent data from Zumper. The apartment-listing service has released it’s map of neighborhood rental rates throughout Miami for Spring 2017. Miami is
After the 2009 recession, single-family home sizes have been increasing. But lately, that trend has been changing as builders are capitalizing on the demand for starter homes, according to the National Association of Home Builders. The median single-family square
Though it would keep in place mortgage interest deductions, changes to the federal tax code proposed by President Donald Trump would hurt homeowners and the real estate industry, according to the National Association of Realtors. NAR commissioned PricewaterhouseCoopers to
As urban areas become more unaffordable, more and more residents are turning to suburbs not only to buy but to rent, according to a new study by Zillow. For the first time in four years, suburban rents are rising
The Zestimate, Zillow’s algorithm-based property estimate tool, has long been a source of frustration for agents and those listing their homes. Now, the feature on Zillow’s popular website has officially come under fire, as two lawsuits against the online
Demand for homes continues to grow as houses are selling faster than every before, according to Redfin. Typical homes went under contract in 40 days in April, 10 days faster than the previous year, making April Redfin’s fastest month on
Despite a recent lull in growth, townhouse construction proves to be a crucial part of the entry-level housing market. In fact, a recent report by the National Association of Homebuyers predicts construction of this type of home will increase
The concept of a forever home – a single place that will last throughout a person’s life – is a dying idea to most people, according to Taylor Morrison’s 2017 Consumer Survey. The survey looked at 1,000 adults who
Total household debt reached $12.73 trillion in the first quarter of 2017, which is above the 2008 peak before the housing market crash and economic downturn, according to new data from the Federal Reserve Bank of New York. However,
Miami residents and those looking to move there already know that it is difficult to find affordable housing in the area. And because housing is so expensive, being able to put 20 percent down on a home could be
Single-family homes buoyed the Miami housing market in the first quarter of 2017 as condo sales continue to slide. But there are still some bright spots in the local condo market, as three submarkets showed gains in their condo
What does the typical Realtor look like, and how was business for them in 2016? The answer obviously varies from market to market and from age group to age group. But the survey results in the National Association of
Miami’s start to the homebuying season continues its stellar pace, as sales of single-family homes, median sales price and total dollar volume have all increased year-over-year in the first quarter of 2017, according to the Miami Association of Realtors.
Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their
Metro homes saw the strongest quarterly sales pace in a decade, which put pressure on existing inventory levels and led to the third consecutive quarter of accelerated home prices, according to the latest quarterly report by the National Association
