Miami
Real Estate News

Housing Affordability in U.S. Hits Eight-Year Low

Housing Affordability in U.S. Hits Eight-Year Low

Excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008. Read More »


U.S. Housing Production Levels Off in January, Post 2016 Multifamily Surge

U.S. Housing Production Levels Off in January, Post 2016 Multifamily Surge

Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units. Read More »

Global Tectonic Shifts in Logistics Now Being Driven by E-commerce

Global Tectonic Shifts in Logistics Now Being Driven by E-commerce

According to the newly released Last Mile / City Logistics Report from CBRE, the rapid rise of e-commerce has driven the most disruptive movement to the industrial & logistics industry, transforming the way we think about industrial real estate. Read More »

U.S. Industrial Market Enjoyed Record Pace in 2016

U.S. Industrial Market Enjoyed Record Pace in 2016

Global property consultant Cushman & Wakefield announced this week that the U.S. industrial market nationwide absorbed 63.6 million square feet (MSF) of space in the fourth quarter of 2016. Read More »


Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated February 20, 2017 8:04 AM ET

Miami

According to the Miami Association of Realtors, Miami single-family home prices have risen for more than five consecutive years and existing condo prices have appreciated in 65 of the last 67 months.

According to the National Association of Realtors, existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions and historically low supply levels.

U.S. commercial real estate executives are especially bullish on industrial, infrastructure and multi-family asset classes in 2017.

The outlook in 2017 for U.S. commercial real estate capital markets continues to be favorable.

Fueled by a growing economy, solid employment gains and rising household formations, single-family housing production in the U.S. will continue on a gradual, upward trajectory in 2017.

Home remodelers' average profit margins have increased since 2011, indicating they are running their businesses more efficiently as residential remodeling activity steadily improves.

More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.

According to a new report by the MIAMI Association of Realtors, the Miami single-family homes market registered its best November in seven years as total single-family home sales jumped 13.1 percent,

According to the National Association of Realtors, a big surge in the Northeast and a smaller gain in the South pushed U.S. existing-home sales up in November 2016 for the third consecutive month.

The impact of the Federal Reserve's decision this week to raise the Federal Funds Rate by 0.25 percent on all U.S. real estate markets and sectors could be significant in 2017.

Existing-home sales in the U.S. are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home.

According to the Mortgage Bankers Association's Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans remained low in the third quarter of 2016.

It's that time of year again...where spirits are higher, people smile more, and winter takes on a wonderful, warm glow in which snow is beautiful rather than a bother. It really is the happ-happ-happiest time of the year.

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. fell 1.9 percent in October 2016

Cuban President Raul Castro has confronted U.S. President-Elect Donald J. Trump's hardball pitch to possibly break up President Obama's one year-old detente with the Communist island nation with a hardball gesture of his own.

According to the National Association of Realtors, existing-home sales in the U.S. ascended in October 2016 for the second straight month and eclipsed June's cyclical sales peak to become the highest annualized pace in nearly a decade.

Led by impressive gains in both single-family and multifamily production, nationwide U.S. housing starts surged 25.5 percent in October 2016 to a seasonally adjusted annual rate of 1.32 million units.

According to Cushman & Wakefield's latest Main Streets Across the World report, Miami's Lincoln Road remained the fourth most expensive retail street in the Americas with average rents of $325 per square foot per year.


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