News / Features

rsz_miami_skyline_09
The 5 Miami markets where home prices jumped the most in Q1

  A period of instability in Miami’s housing market is finally easing, as 2017 looks to be a year where doomsday predictions for the market give way to stability and growth, according to Douglas Elliman’s first quarter 2017 report.

Getting inside the head of this spring’s homebuyer

  The recently released Active Spring Home Shopper report from realtor.com dives into the mind of this spring’s cohort of homebuyers by breaking down their needs by age group. According to the report, privacy is the top reason out of 10 that

March was the best month for home sales since the market crash

Thanks in part to some slight relief in housing inventory woes, March saw the strongest home sales of any month since the housing market collapse, according to the National Association of Realtors. In Miami, sales of single-family homes rose to the

SOFA DELRAY POOL DECK Low Res
Miami rents have decreased in the past year

  Miami rents decreased 0.6 percent in the past year to an average of $1,849, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Miami increased 5.0 percent. Rents rose only 0.7 percent nationwide compared to

Miami bucks trend of growing empty nester households

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

builder-construction-job-inventory-shortage-single-family
Single-family housing development to outpace multifamily, report says

  More investors and lenders are predicting an increase in single-family housing development that will outpace multifamily buildings, according to the 2017 Akerman U.S. Real Estate Sector Report. Of those surveyed, 43 percent said single-family homebuilding will be the most active

/wp-content/uploads/sites/4/2016/06/rsz_miami_palm_streets_high_rises_istock_000058153398_full.jpg
Miami is one of the least affordable cities for teachers, study says

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 index down nationwide

  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

miami-october-association-realtors-mls-single-family-condo-inventory-problems
Miami’s distressed home sales keep dropping

  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

Knock down churches to build housing in working-class areas, Miami politician says

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

homebuyers-characteristics-nar-generational-survey-2015
5 facts that describe Generation X homebuyers

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

The top 5 best and worst-performing Miami housing markets in Q1 2017

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

Millennials don’t want to be tied down by homeownership, study shows

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 foreclosures fall below pre-recession levels

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 construction: bigger homes, smaller lots

  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?

miami-median-home-prices-second-quarter-home-sales-falling-inventory-international-buyers
Cash sales drop significantly in Miami

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

New Subscribe

  • This field is for validation purposes and should be left unchanged.