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NAR: Existing-Home Sales Fall by Monthly, Yearly Marks in November

November was not the most stellar of months for existing-home sales, with a number of factors impacting the famed housing statistic. Existing-home sales declined by both monthly and yearly measures in November, according to the latest analysis by the

Housing Starts Up 29.6% in Nov. – Is There More to the Story?

Residential construction seems, on the surface, to have posted some extravagant numbers in November, but what does a deeper dig behind the data reveal? November was a roaring good month for home construction, with privately-owned housing started rising to

Modern Art A Common Feature Of Luxury Real Estate

Brickell Heights, a Related condo project located near S. Miami Ave. and 9th St., is selling pre-construction and is set to break ground in early 2014. The first phase of the project consists of two towers, which total 690

CoreLogic: Negative Equity in Florida Down 40.2%

The nation’s negative equity situation remains inflated, but progress has definitely been made. Though negative equity remains high in Florida, it has made quite a bit of progress in the last year, according to the latest Equity Report from

Builder Confidence Rises to 58 in December

Homebuilders continued to grow more confident with the housing market in December, according to the NAHB. Builder confidence in the market for newly built, single-family homes rose yet again in December, as more and more homebuilders liked what they

Miami Developers Create Edgewater Light Installation

For the first time, a collective group of developers came together to light up Edgewater along Biscayne Bay during Art Basel. Eastview Development, mckafka Development Group, Melo Group, and The Related Group joined forces to create a light installation

Foreclosure Starts at 95-Month Low in November

Are the foreclosure markets finally on the path to recovery, or will 2014 mark a resurgence? RealtyTrac had very positive news to report in its U.S. Foreclosure Market Report for November, which uncovered quite a few promising developments in

The State of Miami’s Housing Market in November

When looking at two of the more important measures of a housing market’s general health, how did Miami fair in November? Here at Miami Agent, we follow quite a few indices and analysis, and one of our undeniable favorites is

3 Essential Details About the Home Financing Process

There were a number of interesting details regarding how homebuyers financed their purchases in 2013. The world of home financing has undergone some radical changes in the last 10 years, with consumers experiencing both the loosest and most restrictive credit

CoreLogic: Florida Foreclosure Inventory Down by 34%

Florida’s foreclosure markets continued to improve in 2013, falling by more than a third from last year in October. October was a very solid month for Florida’s foreclosure markets, which saw considerable improvement from last year, according to the

Who the Heck is Mel Watt? 3 Reasons You Should Know

Does the name “Mel Watt” ring a bell? No? Well, come Tuesday, he could become the most important person in your professional life. Let’s start with a simple quiz: who is Mel Watt, and why is he important for

Trulia: Miami Asking Prices Jump 15.1% in November

Asking prices in Miami continued to increase by very encouraging amounts, according to the latest analysis from Trulia. Miami’s housing market continued its unseasonably strong performance in November, with asking prices in the area rising a very impressive 15.1

Time on Market in Miami Down 49%

Market activity in Miami has quickened considerably, according to a new series of stats from Redfin. Miami’s housing market had the need – the need for speed – in October, with time on market in the area falling a

5 Critical Details about New Residential Home Sales in October

October would seem to be a rockin’ good month for new residential home sales, but is there more to that data than meets the eye? Let’s start with the good news – according to the Census Bureau, new residential

CoreLogic: Florida Home Prices Rise 12.8% in October

Miami made it two for two in major home price indices, as the market continues to show signs of recovery. Home prices in the Sunshine state rose 12.8 percent year-over-year in October, according to the latest Home Price Index from CoreLogic.

Census Bureau: Construction Spending Up 5.3% in October

Construction spending was positive in October, but what do the larger trends say about construction in 2014 and beyond? For the second week in a row, the government has released promising numbers for construction, though there still remains considerable

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