Teachers play a vital role in society and the economy, but school systems are seeing a shortage in qualified teachers. That’s in part because teachers often can’t afford to live where they work, according to a new study. Nearly

  Housing affordability is down nationwide as mortgage rates have increased in February, according to The National Association of Realtors’ latest affordability index. Housing affordability declined 8.7 percent from 175.9 in February 2016 to 160.6 in February 2017. The

  Distressed sales in Miami have dropped significantly in the first quarter of 2017 and since last year, a positive development for a market readjusting after a boom while shaking off some effects of the market crash. According to

Miami is one of the least affordable housing markets in the country. Despite a glut of housing units on the market and more set to come online, affordable housing is not very prevalent in Miami’s working-class neighborhoods. But there

With all the talk of Millennials and how they fit into the housing market, Generation X doesn’t get a lot of attention as a home-buying population. Gen X-ers, aged 37 to 51 years, make up the second largest share

Home sales are slowing down in the Miami area, but there are a few areas that are bucking the trend. First-quarter sales figures showed that Miami-Dade had 5,939 sales closing so far this year. That’s down 14 percent from Q1

There are a number of possible reasons why Millennials are not buying homes. That they don’t make enough money and are too saddled with debt are common explanations. While those things are true, a new study puts some numbers

Miami foreclosure activity falls below pre-recession averages, according to a new report from ATTOM Data Solutions. Nationwide first quarter foreclosure activity also was reported as below pre-recession levels. The Miami-Fort Lauderdale-West Palm Beach MSA reported 6,612 properties with foreclosure

  New homes are getting bigger, which has helped in balancing out price appreciation while the market sees low inventory and high demand, reports CoreLogic Chief Economist Frank Nothaft, based on Census Bureau data on new residential construction.   What’s changed?

Despite a slight rebound in February 2017, cash sales of homes in Miami have declined significantly, a sign that international and big-money investors are cooling on the market, according to a recent market study. There were 289 homes paid

  More renters are saying they have no plans to move this year and have no interest in owning a home, according to a new survey from Freddie Mac. The survey also found that the expectation to purchase a

Homes sold faster this March than any other March in seven years, thanks to rising demand and still-shrinking inventory, according to Redfin’s recent housing market report. Home sales jumped 9 percent in March when compared with March 2016, even as

Vacation home sales have dropped significantly, according to a recent study by the National Association of Realtors. Only accounting for 12 percent of all transactions in 2016, vacation home sales fell to an estimated 721,000 transactions—the lowest since 2013 (which saw

Miami homeowners pay a modest amount in property taxes, at least compared to other big cities with expensive housing markets. Local taxing authorities raked in over $4.8 billion in property taxes last year, according to recent tax information released Thursday

  Tesla announced their new solar panels on their website last weekend, offering an alternative option from their solar roof tiles released last fall, which Tesla will begin taking orders for this month. The panels are expected to have an install

A nationwide inventory shortage is hampering the housing market’s growth, but the shortage isn’t uniformly affecting every market. In fact, a market is more likely to have a housing shortage if its housing prices have recovered to pre-crash highs,