Miami
Real Estate News

U.S. Home Sales Roar Back in February, Up 11.8 Percent

U.S. Home Sales Roar Back in February, Up 11.8 Percent

According to the National Association of Realtors, existing-home sales in the U.S. rebounded strongly in February 2019, experiencing the largest month-over-month gain since December 2015. Read More »


Builder Confidence in U.S. Holds Steady in March

Builder Confidence in U.S. Holds Steady in March

According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, U.S. builder confidence in the market for newly-built single-family homes held steady at 62 in March 2019. Read More »

U.S. New Home Starts Rebound in January

U.S. New Home Starts Rebound in January

According to the U.S. Housing and Urban Development and Commerce Department, total U.S. housing starts rose 18.6 percent in January 2019 to a seasonally adjusted annual rate of 1.23 million units from a downwardly revised reading in December 2018. Read More »

Florida Statewide Home Sales Dip 6 Percent in Early 2019

Florida Statewide Home Sales Dip 6 Percent in Early 2019

The Florida Realtor Association is reporting that Florida home sales of single-family homes statewide totaled 15,526 last month, down 6.2 percent compared to January 2018. Read More »


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Global Property Spotlight

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

Harbor Place at Safety Harbor, The Jewel of Tampa Bay

The town of Safety Harbor is a secret little hideaway known as the Jewel of Tampa Bay. Safety Harbor is neighbored by the major city of Clearwater, Florida. Read More »

Last Updated March 25, 2019 9:03 AM ET

Miami Property News

According to new data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes posted a yearly gain of 1.5 percent in 2018.

According to the Miami Association of Realtors, uncertainty over mortgage interest rates, the federal government shutdown and the stock market may have impacted Miami-Dade total home sales in January 2019.

Based on new research by Zillow, prospective homebuyers in Miami and the New York metro area can expect more favorable conditions than those in most other major U.S. housing markets.

According to Knight Frank's latest Global Outlook Report, Hong Kong will retain its title as the world's most expensive office market despite rents being forecast to decrease in 2019.

According to the latest housing data from Florida Realtors, Florida's housing market reported higher median prices and increased inventory (active listings) in December 2018 compared to a year ago.

Sales of new homes in all four major U.S. regions significantly declined in the last two months of 2018. The year-over-year trend was especially drastic in the Northeast, where new-home sales fell by 16.1 percent in December.

Higher mortgage rates resulted in fewer Miami-Dade home sales in December 2018. After five months of consecutive increases countywide, total Miami-Dade County sales decreased 6.2 percent year-over-year in December 2018.

Total Miami-Dade County Florida home sales increased 7 percent year-over-year in November 2018, marking the market's fifth consecutive month of year-over-year transaction gains.

According to a new survey by the National Association of Realtors show that despite a favorable view on the economy and the direction of U.S. home prices, the sentiment on home buying continued to diminish at the close of 2018.

According to the U.S. Department of Housing and Urban Development, sales of newly built, single-family homes in the U.S. fell to a seasonally adjusted annual rate of 544,000 units in October 2018, after an upwardly revised September report.

Orlando held steady in 2018 as the #2 destination of choice for Florida's international homebuyers. Nine percent of all of Florida's international homebuyers opted to purchase a property in Orlando.

According to JLL's Residential Sales Market Monitor released this week, the first day sell-through rates for newly launched mass residential projects (where over 80 units were launched in the first batch of sales) dropped significantly in October 2018.

Florida's housing market reported more closed sales, rising median prices and more new listings in October 2018 compared to a year ago. Sales of single-family homes statewide totaled 22,272 last month, up 8.5 percent compared to October 2017.

Miami, Fl-based Global Listings, Inc. announced this week that it has now launched and deployed the first worldwide real estate listings Search Platform and Matching Engine on GlobalListings.com.

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending November 9, 2018, U.S. mortgage applications decreased 3.2 percent from one week earlier.

According to the Miami Association of Realtors, total Miami-Dade County home sales surged 15.2 percent in 3Q 2018 as median prices for all properties rose for the 27th consecutive quarter.

According to Freddie Mac's most recent Primary Mortgage Market Survey for November 2018, U.S. mortgage rates dropping slightly after last week's increases.

Florida's housing market had more sales, higher median prices, more pending sales and more new listings in 3Q 2018. Closed sales of single-family homes statewide totaled 72,843 in 3Q 2018.


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