News / Features
2014 was a VERY good year for new construction in Miami, according to the latest stats. Total residential construction spending in the Miami area was $6.623 billion in 2014, a 62 percent increase from 2013, according to new numbers from Dodge
Construction on the whole was positive in 2014, but that was mostly due to the surging multifamily sector. Private construction may have been up 4.5 percent in 2014, but it was the multifamily housing market that drove that activity,
Hundreds of thousands of potential homebuyers will be boomeranging back to the housing market over the next seven years. The Miami area is poised to see more than 322,000 potential homebuyers enter the housing market fray over the next seven
Existing-home sales may have bounced back to life in Dec 2014 (and carried median sales price to its highest mark since 2007), but that was hardly the most encouraging piece of news in NAR’s latest housing report. No, that
Pending home sales took a step back in December, but remain well above 2013 levels. The National Association of Realtors released its newest Pending Home Sales Index today, finding that despite persistently low interest rates, December pending home sales
We’re all waiting for Miami’s housing inventory situation to improve…and that could finally be happening. The inventory situation in Miami has been a dire one for some time, but 2014 closed out with some encouraging news, according to new numbers from realtor.com.
The Federal Housing Act has helped curb housing discrimination since the late 60s. A new lawsuit could see to extend those protections or limit them. On April 4, 1968, a historic date by any measure, civil rights leader Martin
New home sales may have disappointed in 2014, but median sales price was an entirely different matter. December may have capped off a lackluster year of sales for newly built single-family homes, but when it came to the median
ListHub publishes letter offering new details on their forthcoming split with Zillow, while Zillow finds new MLS provider. In a bombshell statement released in early January, Zillow announced that as of April 7 the listing portal would no longer
Home prices in the Miami area continued to set the indices on fire in the latest Case-Shiller. Home prices in the Miami area continued to lead the nation in November, rising 0.6 percent from October and 8.6 percent from Nov. 2013, according to the
Strong late year sales emphasize the presence of persisting demand, but low inventory could lead to eventual affordability problems. Existing-home sales faltered moving into the deep winter months, but according to a new report from the National Association of
MAR report marks 2014 as a record-breaking year for the Magic City. If the national market was hot in 2014, then Miami was on fire, as the newest sales report from the Miami Association of Realtors and local MLS
After the market crash that halted Miami developers building five years ago, the city that has become a destination for the wealthy with its luxury high rises, beach climate and attractions is experiencing a $50 million penthouse boom. Currently
In the next 10 days, the 52-story oceanfront Ritz-Carlton Residences tower in Sunny Isles Beach will reportedly launch preconstruction sales. The joint venture between Fortune International Group and Château Group located at 15701 Collins Avenue will offer units ranging from $2
Using data from 2014, Redfin predicts what Miami neighborhoods will stand out in the new year. Hot is the perfect way to describe the Miami market in 2014. With booming sales and a seemingly insatiable demand, the city has ballooned
Everyone knows that lending standards today are relatively restrictive by historic standards, but are they loosening up at all as housing and the economy improve? To find out, we took an exclusive look at CoreLogic’s Housing Credit Index (HCI),
