Miami shudders under condo glut with 16-month supply

If there is another real estate implosion lurking down the road — and we’re not saying there is — the epicenter is likely to be in South Florida …

San Francisco housing and condo market conditions by neighborhood

San Francisco neighborhoods that still offer a glimmer of affordability are seeing home sales rising above the area’s pricier neighborhoods, according to the most recent Paragon Real Estate Report …

Condo sales on the rise in major Texas metros, report says

The condo market is heating up throughout all four major metro areas in Texas, according to Texas Realtors, and the high demand for the lifestyle associated with condo living is keeping the market competitive. As more millennials and young professional…

NYC prices increase while volume falls in Q2, REBNY says

Home prices continue to reach new heights in New York City. According to the Real Estate Board of New York’s (REBNY) New York City Second Quarter 2016 Residential Sales Report, the average sales price in the city was a hefty $1.018 million, largely fue…

Condos taking control of Manhattan market share, report says

The Manhattan real estate market kicked off the year with a strong foot forward, according to Compass’ recently released Q2 2016 Manhattan Market Report. Inventory and prices increased annually over last year by the end of the second quarter of 2016, a…

Silicon Valley condos and townhomes selling in record time

With each passing day, it seems as though homes are selling faster and faster in Silicon Valley. In fact, closing time has nearly been cut in half from January to April in Santa Clara and San Mateo counties, marking a record-breaking month for Silicon …

Downtown Manhattan leads borough in yielding sales, again

Downtown Manhattan’s dominance in 2016 condo sales continues, according to a recent market report from CityRealty. With $575 million in condo sales, the Downtown neighborhood delivered the highest portion of earnings in the borough again last month, al…

Miami-Dade, Broward counties still showing strong home prices

A wrap-up on trends in high-end real estate in Miami for 2015 suggests that there is still momentum in markets in South Florida. Even though Miami is considered on par with luxury world locales such as has New York City, London and Hong Kong, Miami’s luxury real estate market remains the most affordable luxury in terms of value. ONE Sotheby’s International Realty’s end-of-year trend report for 2105, in a nutshell, shows strong price appreciation in both the Miami-Dade and the Broward markets since …

Luxury home sales activity in Houston down for 5 straight months

Falling oil prices in Houston were anticipated to noticeably impact the single-family housing market; however recent data suggests only the luxury sector has taken a hit.

“Mid-range housing actually saw a healthy sales volume in January,” said Mario A…

San Francisco County home sales to uptick slower, says Pacific Union

One large Bay Area real estate firm expects San Francisco home and condo price appreciation to slow in the coming years, particularly in 2018. This firm, Pacific Union, also forecasts annual existing home sales growth of 1 or 2 percent during both 2016…