Current Market Data

Single-family construction up, multi-family construction down
Single-family construction up, multi-family construction down

The latest New Residential Construction report points to builder momentum, though supply-side challenges linger.

RE/MAX: Miami median sales price up 15.4% from 2019
RE/MAX: Miami median sales price up 15.4% from 2019

RE/MAX home sales across the nation were up 4.3% year over year, making it the third best month for home sales in the 13-year history of the report.

Mortgage applications down slightly as some consumers wait for another rate drop
Mortgage applications down slightly as some consumers wait for another rate drop

A new report from the Mortgage Bankers Association shows a slight drop in mortgage application volume amid expectations of further mortgage rate reductions.

Wallethub: Florida middling when it comes to COVID-19 restrictions
Wallethub: Florida middling when it comes to COVID-19 restrictions

A new report from the financial website Wallethub ranks each state on COVID-19 restrictions.

Sluggish rent growth shows signs of steadying
Sluggish rent growth shows signs of steadying

July rent price increases in lower-priced rentals far exceeded other price levels, according to a new report from CoreLogic.

iBuyer activity down 88% in Q2
iBuyer activity down 88% in Q2

The biggest players in the iBuyer market closed up shop at the beginning of the pandemic, and a new report shows the numbers.

Housing sentiment up in August as consumers recognize window of opportunity
Housing sentiment up in August as consumers recognize window of opportunity

The share of consumers who say now is a good time to buy a home has risen to 59%, according to the latest Fannie Mae Home Purchase Sentiment Index.

CoreLogic: Foreclosures could double by 2022
CoreLogic: Foreclosures could double by 2022

Serious delinquencies are expected to rise — particularly among lower-income households, small business owners and for those working in sectors hard hit by the pandemic.

Unemployment down in August, but long-term damage continues
Unemployment down in August, but long-term damage continues

The U.S. economy added 1.4 million new jobs in August, but one economist warns that permanent job losses are a bigger problem.

NAR: Two Florida counties rank among the best in the nation to work from home
NAR: Two Florida counties rank among the best in the nation to work from home

Working from home as an ongoing trend will greatly change the landscape of where people buy homes, according to NAR Chief Economist Lawrence Yun.

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