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Real estate news in Atlanta

Housing Affordability a Tale of Two Cities in Miami

Housing affordability is a major problem, and new research has added an additional wrinkle to the crisis. Housing affordability (especially in the new home market) may be worsening nationwide, but it has nothing on the affordability squeeze facing renters

New Construction in Miami Lukewarm in February

What was the deal with our local new construction marketplace last month? February proved a lukewarm month for residential new construction in the Miami area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Miami totaled

Miami Developers Help Overtown Residents Save Money

Construction of a new development in Overtown promises a much-needed lift for one of the city’s poorest neighborhoods.   A new construction project in Miami’s historic Overtown neighborhood ceremonially broke ground on Wednesday, March 18, as part of a

A South Florida Beacon: Miami Attracts All Corners of the Globe

Figures from both national and local Realtor associations paint a very clear picture: Miami is a popular destination. The important role the Internet plays in today’s homebuying process is a worn out observation, but that doesn’t negate its relevance.

Why Soaring Inequality is Terrible For Housing

Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it

Swire Properties Tops Off Second Master-Planned Luxury Condominium Tower

Brickell City Centre’s REACH construction team recently celebrated the completion of the final premier luxury condominium tower at the $1.05 billion master-planned, 5.4 million square-foot, mixed-use development. At the ceremony, Stephen Owens, president of Swire Properties, which oversees sales at the condominium, addressed

Miami Sales Remain Strong in February, but Are They Too Strong?

Strong February numbers represent a healing market. But is it healing too much, too fast? February proved yet another fruitful month for the Magic City, with single-family home sales registering double-digit gains and median sales prices continuing their three-year

Lion Share of New Construction in Miami Affordable Only For Affluent Consumers

The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,

Negative Equity Remains Considerable Problem in Miami’s Lower Price Points

Sure, negative equity has improved overall, but what of properties on the lower-end of price spectrum? Though 19 percent of mortgage properties in Miami remain in negative equity, that pales in comparison to the 33.6 percent of properties in the metro area’s

Chris Tello Elected MIAMI’s 2015 President of the Broward Board of Governors

Chris Tello, SFR, has been elected as the MIAMI Association of REALTORS’ 2015 President of the Broward Board of Governors.  The Broward Board of Governors is dedicated to leadership in the Association, the Real Estate profession, and the communities they

CoreLogic: Miami Equity Remains Among the Nation’s Lowest

Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2

Christopher Zoller Elected MIAMI’s 2015 Residential President

Christopher Zoller, a longtime Miami Realtor, has been elected as the 2015 Residential President of the MIAMI Association of REALTORS, the nations largest local Realtor association. The Residential Board of the MIAMI Association of REALTORS is dedicated to leadership in

Astor Companies’ Nordica Selling Out Fast

The Astor Companies’ modern-inspired boutique condominium, Nordica, is closing out. Located in the historic Roads neighborhood, only eight developer units (one and two bedroom models) remain in the residential condominium starting in the upper $300’s. The 18-story building comprising

Why Housing Affordability is More Complicated Than You Think

You may think you understand housing affordability, but chances are you’re relying on limited measurements. How affordable is Miami’s housing market? The answer to that question is more complicated than meets the eye, and it suggests some very interesting things

When is the Best Time to List Properties in Miami? How About Now

The optimal time for listing properties in Miami is closer than you think. You should probably get on it and list your clients’ properties if you haven’t done it already. That’s the takeaway from a new report from Zillow,

International Buyers Keep Cash in Miami

A new report from CoreLogic highlights improvements to the nation’s share of all cash sales. Unfortunately, it’s still high. It’s a new housing market in 2015. Policies are shifting, new legislation is being written, and in an eddying whirl

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