Read Today’s Top Story: Miami-Dade home sales increase again

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More than Half of U.S. Adults Cannot Afford Their House

A new survey from the MacArthur Foundation is generating substantial waves, and for good reason – its findings are quite surprising. #83590515 / gettyimages.com Here’s a stat you wouldn’t expect to see: in the past three years, 52 percent

Why We Might Be Saying Good-bye to Fannie and Freddie

The U.S. Senate has taken a step towards reforming Fannie Mae and Freddie Mac, only it might be in the wrong direction. #479290095 / gettyimages.com Go back five or six years and you’d be hard pressed to find a news

Miami Asking Prices Increases Among Best in the Nation

Asking prices remained quite strong in our metro area in May, according to fresh numbers from Trulia. #159405477 / gettyimages.com The good times continued to roll for home prices in the Miami area in May, with asking prices rising 13.7 percent

Florida Still Fighting Through Foreclosures

New report from CoreLogic details the slow, but steady recovery of the nation’s housing market as states plow through pending foreclosures – how did your city do? #172917078 / gettyimages.com As one of 24 judicial states, which require all

Redfin Report: What Has Many Homes Selling Faster

Despite depleted inventories, a new Redfin reports finds home tours, offers and overall demand are still holding strong. #172155167 / gettyimages.com Home tours and offers have historically responded to the ebbs and flow of available inventory – an almost

Mortgage Payments in Florida Way Down Since 2006

Mortgage payments were way out of control during the boom era, but new data suggests they’ve simmered down considerably. #157740817 / gettyimages.com During the housing boom years, home prices were not the only numerical value relating to housing that

The 3 Reasons that Housing May Not Be as Affordable as it Looks

We’re often told about how affordable housing is, but there is a world inside of the world of housing affordability. #475106427 / gettyimages.com Housing, we often read, is currently in a promised land of affordability. Though not quite the ideal

The Real Reason Construction Activity is Up

Construction numbers have been up in 2014, but there’s a very specific reason behind the increased activity. #138626281 / gettyimages.com Overall construction spending in the U.S. economy rose 0.2 percent from March to April and 8.6 percent from April

Jeanine Fernandez Joins Avatar’s South Miami Office

Jeanine Fernandez recently joined Avatar Real Estate Services South Miami office. Fernandez is a graduate from Florida International University with a degree in accounting. Her passions include finance and people. For Fernandez, there is no better way to channel

Looking for a Luxury Home? So is Everyone Else in Miami

If all roads lead to home recovery, then it’s pretty clear that not all American’s are taking the same path. #490043801 / gettyimages.com In 2013, heavy investor interest began driving up the number of homes sold throughout the country. Listings

The Inconvenient Truth About Housing – in Two Charts

The most recent existing-home sales report indicated that housing may have turned a corner, but structural issues persist. #142483561 / gettyimages.com Covering the housing market nowadays is a strange experience. On one hand, you have the clear monthly reports

5 Reasons that First-Time Homebuyers Are NOT Returning Anytime Soon

First-time homebuyers have been missing in action for some time now, and it’s unlikely that they’ll return any time soon. #482143423 / gettyimages.com It’s no news to anyone – especially consistent readers of our news coverage – that first-time

Why Cash is King in Miami

New research from Redfin reveals home buyers in major metros are abandoning their check books for the more comfortable feel of cold, hard cash. How does your area stack up? #sb10069816b-001 / gettyimages.com In the wake of tightening mortgage lending standards,

Miami Continues to See Rise in Residential Construction

Continuing its slow return to prominence, residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in April. #479733853 / gettyimages.com The Miami area has seen its fair share of rough residential construction months, but

On a Salary Basis, Owning in Miami is Relatively Affordable

We often hear about how affordable a given housing market is, but looking at the actual salary needed to buy is quite eye opening. #160427001 / gettyimages.com To comfortably own a home in the Miami region, a prospective homebuyer must

Miami’s Population Increases Amidst Losses

Population dynamics are changing all over the nation and you might be surprised to see which major metropolitan areas are on the rise and which are struggling. #176247121 / gettyimages.com Quite frankly, the rapidity with which many major American metros are

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