Miami

Rent Affordability by Tier: High Rents Aren’t a Problem If You Earn Enough to Afford them

As growth in rents outpaces growth in incomes, rent affordability (the share of the typical American’s income that goes to rent) has steadily deteriorated over the past five years – from a historic average of 26 percent, to roughly 30 percent currently. But focusing only on medians can sometimes hide more than it reveals. In this case, there are sharply different trends at the top and at the bottom of the market.

Aaron Terrazas • Aug 31 2016

July 2016 Market Report: Four Years of Recovery, Still 4+ Percent Left to Go

The median U.S. home value has risen on an annual basis in each month for the past four years – and still remains more than 4 percent below its pre-recession high.

Svenja Gudell • Aug 25 2016

Q2 2016 Market Report: Tight Inventory Leads to a Need for Speed

It’s well known that a lack of homes for sale is limiting home buyers’ choices this home shopping season. But this inventory shortage is also contributing to another home buying hurdle – along with limited options, buyers also have increasingly limited time to make a decision on a home purchase.

Svenja Gudell • Jul 21 2016

Q1 2016 Market Report: Tight Inventory, Rapid Price Growth Represent Real Headwinds for the Market’s Core

Faced with rapidly appreciating home values and a dwindling supply of homes for sale in the critical entry-level and mid-market home segments, first-time and move-up home buyers – typically the housing market’s bread-and-butter – are likely in store for a tough spring home shopping season.

Svenja Gudell • Apr 21 2016

January Market Report: Low Inventory Limiting Options for Buyers Nationwide

For months, the story in the national housing market has been about the differences in housing market performance in various local markets – some markets are super hot, some a little more sedate and some still struggling to recover – depending on local economic fundamentals. But if there’s one constant across almost every market nationwide, it’s lack of inventory.

Svenja Gudell • Feb 23 2016

Are Local Real Estate Bubble Markets Re-Emerging? Experts Agree to Disagree

The national housing market on the whole is expected to cool off in coming years, even as conditions in a handful of hot markets have some experts worried about local real estate bubbles. And there is no clear consensus on the extent of the national cool-down, or the potential timeline for local bubble risks.

• Dec 09 2015

Miami’s Heat Leaves Some in the Cold, But There are Solutions

angelag • Sep 03 2015

In Miami, it’s Good to be King: Housing Affordability at the Top and Bottom

Cody Fuller • Aug 21 2015

Your Job’s Your Mortgage: Home Affordability by Occupation in Miami

Aaron Terrazas • Aug 20 2015

How Are Homes Purchased in Miami, And What Types of Homes are Popular?

Cody Fuller • Aug 19 2015