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Three years later, the government is finally set to reveal its new requirements for mortgages, and much has changed in the interim. The government is set to finalize the final piece of its post-bubble mortgage regulations on Oct. 22,
Douglas Elliman’s third quarter market report shows a slow down, which, as it turns out, is probably a good thing. On Wednesday, Douglas Elliman’s South Florida brokerage released its third quarter market reports for the Miami, Fort Lauderdale and
When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Miami area remains 40 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly above
Cash sales are down, which means good things for hopeful buyers needing mortgage financing. Earlier this week, CoreLogic released its July cash sales report, finding that investors are continuing to flee the market, paving the way for buyers more
Women have always played an important role in real estate, and new numbers show their prominence has only grown. The number of women-owned firms in real estate has grown by 41.4 percent in the last 12 years according to
The nation’s distressed housing market has improved quite a bit in the last year, and that progress is also clear here in Florida. Distressed home sales in the U.S. have fallen from 17 percent of all existing-home sales to just
There are many important factors influencing housing today, but recent analysis suggests two will have an outsized effect on the industry. The future is good for housing. That was the conclusion of a recent analysis by Goldman Sachs, which
Despite a drop in interest in August, Redfin research shows an uptick in the presence of perspective buyers. In August, Redfin reported a market-wide drop in homes for sale and new listings that hampered the searches of perspective buyers.
We often hear about how the nation’s mortgage markets need reform, but the solution could come from the most unexpected source. One of the most common refrains in the post-bubble housing market has involved lending standards, and that if
Though the elusive shadow inventory has dwindled, forthcoming changes to mortgage debt relief could lead to a swell in foreclosures over the next year. Trudging through the sludge of economic debris left over from the cataclysmic crisis that sent the U.S.
All research points to Hispanic consumers having an outsized effect on the U.S. housing market in the coming years. Hispanics are the fast-growing group of homebuyers in America, and they will hold significant sway over where our housing market
Asking prices once again showed positive movement in September, according to new stats from Trulia. A strong condo market propelled Miami’s housing market to another month of positive asking-price increases in September, according to the latest Price Monitor by Trulia.
Research from Zillow finds millennial values toward homeownership may be more traditional than older generations. It’s no secret that as more millennials reach homebuying age they’re opting to remain renters in lieu of entering the market. However, despite what many
A new ranking of the nation’s top luxury housing markets places Miami among some esteemed marketplaces. Our beloved Miami is one of the top luxury housing markets in the country, according to a new report from Coldwell Banker Previews. Check
Miami foreclosures remain above national rates, but down significantly from 2013. In January 2013, Miami foreclosure and 90-plus day delinquency rates were nearly double what they are today – triple in the case of foreclosures, actually – confirmed CoreLogic
While home prices continued increasing in August, their pace slowed. Here’s why it’s a good thing… While 2013 was a year of continued turmoil for the nation’s housing market, this year is proving to be the industry’s growing period,