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CoreLogic: Foreclosure Inventory Down 20 Percent in July

The latest National Foreclosure Report from CoreLogic highlighted a number of positive developments in the nation’s mortgage markets. The nation’s mortgage markets continued to improve in July, according to the latest National Foreclosure Report from CoreLogic, with foreclosure inventory,

Miami Asking Prices Soar 10.4 Percent in August

Asking price growth appears to be slowing nationally, but was that the case here in Miami? Miami’s for-sale market continued to outpace its strong rental market in August, according to the latest Price and Rent Monitors from real estate website Trulia.

The 10 Most Populous Hispanic Communities in the U.S.

The Hispanic population in the U.S. has grown by leaps and bounds, as has its importance on local housing markets; where are Hispanics most concentrated? Hispanics represent a growing part of the U.S. population, and are inarguably the hottest

Saddy Delgado Hired As ONE Sotheby’s International Realty’s Vice President

Already an experienced traveler, Saddy Delgado’s broad international reach just got a bit bigger. In a recent press release, Mayi de la Vega, founder and CEO of ONE Sotheby’s International Realty, announced that Delgado joined the firm as Vice

CoreLogic: Home Prices Up 12.4 Percent in July

The nation’s home prices continued to improve in July, with the latest Home Price Index from CoreLogic posting fantastic year-over-year numbers. Home prices continued their double-digit performance in the CoreLogic Home Price Index, rising 12.4 percent year-over-year in July. That

Miami Heat Players Named Victims Of Real Estate Fraud

A recent testimony in a trial about a multimillion dollar real estate scam brought a development to the case, alleging that Haider Zafar, the southern Florida resident and accused orchestrator of the scheme, also duped Miami Heat players. According

How Quickly Do Listings Go Under Contract in Miami?

The housing market, according to the latest numbers from Redfin, seems to be slowing down; is that the case here in Miami? For the third straight month, the percentage of listings that went under contract within two weeks decreased

Miami Home Prices Up 14.8% in June Case-Shiller

June was a stellar month for Miami home prices, with the Magic City putting up some of the strongest home prices gains in the nation. Home prices in Miami were up 14.8 percent in June, according to the latest Case-Shiller

The Nation’s Busiest Residential New Construction Markets

Residential construction put up some great numbers in July, but are those gains consistent with our local real estate market? July was a very strong month for residential new construction. Not only were building permits up 2.7 percent from

Existing-Home Sales Up 6.5% in July, Inventory Stabilizes

Not only were existing-home sales up by monthly and yearly measures in July, but housing inventory continued to stabilize as well. July was a rock solid month for existing-home sales, according to the latest data from the National Association

How Affordable, Really, is Miami’s Housing Market?

Housing affordability has slipped a bit so far in 2013, but does Miami’s housing stock remain affordable relative to other major cities? Housing affordability slipped a bit from the first quarter to the second quarter in 2013, according to

The Crane Comes Down: Bellini Williams Island

With cranes popping up left and right in Miami-Dade County, it is exciting to see the first crane come down from this new boom of real estate. Bellini Williams Island announced this week that their crane has started to

Worldwide Properties Announces Addition Of Realtor Tanya Draskovic

Worldwide Properties, a full service brokerage firm, announced the hiring of realtor Tanya Draskovic to its Miami Beach office, 225 Collins Ave. Worldwide Properties CEO Eddy Martinez said Draskovic, working as a realtor-associate, will focus on selling and marketing

Builder Confidence in August at Highest Point in Nearly 8 Years

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Watercrest At Parkland Opens Sales Center

Home buyers in Parkland, Florida can now get a taste of Watercress at Parkland, a new housing development expected to welcome its first residents next year. As reported by the Sun Sentinel, Standard Pacific Homes, a developer based in Irvine, Calif.,

Housing Inventory in Miami Up 6.2 Percent in July

Housing inventory in Miami was up in July; how do those increases, though, compare with the rest of the nation? Housing inventory in July increased 6.2 percent year-over-year in Miami, and though inventory was down 16.2 percent nationally, the latest

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