Miami Home Prices Rose in April, While the Foreclosure Rate Fell
Miami’s housing market got another double-barreled dose of good news from the numbers crunchers Tuesday: Home prices in the greater Miami area are up from their bargain-basement lows, while the percentage of homes in the foreclosure process — though still at jawdropping levels — continues to shrink. Home prices in greater Miami rose 3.2 percent in April from a year earlier, according to S&P’s Case-Shiller Home Price Indices. For the [...]