Need news in a flash? Here’s what’s happening in your community.

Miami’s home market is comfortably moving forward from the recession, according to Freddie Mac’s Multi-Indicator Market Index, which measures a metro’s mortgage status, home payment-to-income and employment.

A study from realtor.com and Vivid Seats evaluated home prices near open-air concert settings, finding Capital City Amphitheater in Tallahassee had a 78 percent premium for homes near the venue versus homes in the surrounding ZIP. Homes near Bayfront Park in Miami are valued at $392,500, while the overall ZIP home value is $358,500 – a 9 percent difference.

Roofstock.com, a website that lets investors purchase tenant-occupied, single-family rental homes, has expanded into the Miami single-family rental market.

Got a lead on some news happening in your community? Send information to local@inman.com

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top