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The 3 Miami markets where condo sales rose

Single-family homes buoyed the Miami housing market in the first quarter of 2017 as condo sales continue to slide. But there are still some bright spots in the local condo market, as three submarkets showed gains in their condo

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The 8 Miami markets with the most single-family home sales in Q1

Miami’s start to the homebuying season continues its stellar pace, as sales of single-family homes, median sales price and total dollar volume have all increased year-over-year in the first quarter of 2017, according to the Miami Association of Realtors.

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Miami area has third highest growth in suburban renters, study says

Miami has seen the third-highest growth in suburban renters of any U.S. market, according to a new study by RentCafe.com. Between 2011 and 2015, the Miami metro area has seen 56,800 new suburban renters, RentCafe reports. Only Riverside, CA,

Fort Lauderdale, Palm Beach Realtor groups to merge, create third largest in the country

The Realtor associations covering Fort Lauderdale and the Palm Beach area have announced plans to combine into what would be the third largest Realtor association in the country, the groups announced Thursday. More than 30,000 real estate professionals would

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See which Miami ZIP code has the most “equity rich” properties

According to the Q1 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions, nearly 5.5 million U.S. properties are seriously underwater, which represents almost 10 percent of all mortgages. This is up from 5.4 million in Q4,

Cervera VP John Reza Parsiani on adapting to a changing Miami market

Editor’s note: In his own words, John Reza Parsiani tells us about the current makeup of the Miami housing market, and how brokers should adapt to a saturated market. His words have been adapted from a Q & A

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Miami has the 9th most expensive rental market in the country, study says

  Miamians priced out of homeownership are not likely to find much relief on the rental market, as rents in Miami are the ninth-most expensive in the country, according to a new study by apartment searching website Zumper. In ranking the

Miami homebuyers will find the best deals during the winter months

  As home shopping season goes into full swing, buyers may find that patiently waiting for late summer listings will lead to the best selection and prices. A new report from Zillow looked at the listings and price data

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Miami is still the most popular U.S. market for international buyers

South Florida is the most-searched U.S. market by international consumers, and Canadians are the ones most interested in the locale, according to the Miami Association of Realtors. The Miami metro area, including Ft. Lauderdale and West Palm Beach, came

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Nearly 90 percent of Miami homes have not recovered their pre-recession value

The prevailing sentiment in the housing market is that it’s a great time to sell, as housing prices and demand has steadily creeped up. While that may be the case, such a rosy portrait of the market doesn’t tell

Miami partners with local startup to ease development zoning hurdles

Gridics has announced a partnership with the city of Miami to create Zonar.City, the first digital zoning software application of its kind. The application is designed to aid in the sometimes slow and painful zoning process by expediting development plan compliance reviews, conducting real-time 3D

Marina Palms developer awarded for redeveloping old boating dock

Two Miami developers are being recognized for their work in turning an unused oceanfront property into a condo and yacht club development. The City of North Miami Beach awarded Marina Palms Yacht Club & Residences developers Neil Fairman and George Helmstetter of

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Miami can sue banks for predatory housing loans, Supreme Court rules

The Supreme Court ruled Monday that the city of Miami has standing under the Fair Housing Act to sue three major banks for predatory housing loans, according to reports. Stemming from the housing market collapse of 2007, Miami sued

Developer Henry Torres on how to successfully bring luxury units to a saturated market

Bringing luxury condos to a Miami market that is already saturated with similar products would be harrowing for some developers. But not for Henry Torres, CEO of the Astor Companies, who said there are still ways to differentiate a

Miami is the No. 2 destination for Millennials

    Realtor.com ranked the top 10 cities where young people want to be, placing Miami at No.2. According to the article, Miami attracts waves of Millennials with its word-class nightlife, up-and-coming neighborhoods and a healthy job market. According to Realtor.com

The 5 Miami markets where home prices dipped the most this year

Yesterday we looked at the local markets where the median home price has risen the most this year. Nearly all of the markets on the list are considered luxury, a positive sign for a sector of the market that

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