News / Features

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

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

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