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This Week in Miami Real Estate: Builders opt for rentals, Miamians steal boats and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Apartments replace condos – In

TRID haters quieted as April loans close quicker than previous year

Loans closed faster in April than in any time over the last 12 months (excluding last month), Ellie Mae’s new Origination Insights Report confirmed. Questions about the true impact of TRID are likely to follow. In the wake of TRID’s

Highlights from NAR’s new member profile

Sixty-five percent of Realtors are licensed sales agents, while 21 percent are licensed brokers and 16 percent are broker associates. Sixteen percent have at least one personal assistant. And 83 percent are very certain they will remain active as

4 ways to ditch waste-of-time meetings

The average meeting is expensive, long and a waste of time. Those are not the inherent traits of meetings; they are the reality of what contemporary business culture has relegated them to.. But you and your agents deserve better.

15 Miami neighborhoods are mostly $1 million-plus homes

In the last four years, homes priced over $1 million have become more prevalent around the country, with their market share increasing from 1.6 to 3 percent, according to a report from Trulia. But that increase has been much

Miami is a top 25 city for startups. Here’s why

Miami is one of the best cities in the country for startup companies, according to a joint analysis from the U.S. Chamber of Commerce Foundation, 1776 and Free Enterprise. And it has room to improve further. “We are at

Single-family construction is having a great year

Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new

Builder confidence points to strong construction in 2016

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report

This week in Miami real estate: A record-breaking condo sale, historic district nears height increase, and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Record-breaking condo sale – Last month,

Millennials dream of homeownership…from their moms’ basements

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime

Miami mortgage activity jumps strongly in 2016

Overall mortgage activity is down in the Miami housing market this year, but that only tells half the story, according to RealtyTrac’s Q1 2016 U.S. Residential Property Loan Origination Report. Through the first quarter, RealtyTrac found, Miami lenders oversaw 29,934 originations, a

This “boring” topic could be worth thousands to your clients

We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a

This Miami brokerage ranks in Florida’s top 3 for sales

Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. This year both Florida- and Miami-based brokerages were well

Is Florida a good state to live in for working moms?

The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,

Is luxury housing in Miami slowing down?

Luxury housing markets across the U.S. have seen declines in 2016, but according to a new analysis from Redfin, only one market has slowed more than Miami Beach. Through Q1 2016, the average sale price for luxury homes in Miami

Miami ranked one of the nation’s most dangerous cities

Earlier this week, we reported on NeighborhoodScout’s new list of the top 100 safest cities in the U.S. In part two of this two-part series on crime, we’ll be counting down the top 100 “most dangerous” cities in America. The

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