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Sellers Continue to Hang Tight in Redfin Real-Time Seller Survey

By Peter Ricci Home sellers, though increasingly confident with the real estate market, are continuing to hang tight and wait for further improvements to the real estate market before listing their properties, according to the latest Real-Time Seller Survey

What Will Happen with Housing Inventory in 2013?

By Peter Ricci Yesterday’s existing-home sales report from the National Association of Realtors’ made two points perfectly clear: one, that existing-home sales are showing promising trends for 2013; and two, that housing inventory has fallen just about as low

2012 Zillow Home Value Index Increases 5.9 Percent Over 2011

By Peter Ricci The latest Home Value Index from Zillow had nothing but good things to share about the housing market, with U.S. home values increasing 5.9 percent in 2012 over 2011. Furthermore, the Home Value Index also increased

Google Real Estate Part 5: The Appeal of Homeownership

By Peter Ricci So far, our “Google Real Estate” series has covered a wide range of topics within the real estate tech sphere. From Internet video, to mobile users, to the broad applications of marketing strategies, our emphasis has

Are Historic Homes a Historic Headache in Miami’s Suburbs?

By Peter Ricci History has a certain splendor to it, does it not? Walking down the streets of a particular city or neighborhood, and remarking on the relative age of a home or building that is 50, 60, 70,

Are Price Reductions Becoming More Infrequent?

By Peter Ricci Heavy price reductions were one of the ugliest side effects of the housing downturn, but a new study by Trulia suggest that price reductions may be happening with fewer frequency as the housing market

Home Prices Increase 7.4 Percent in CoreLogic HPI, Hit Six-Year High

By Peter Ricci Home prices increased 7.4 percent from November 2011 to November 2012 in the lastest CoreLogic HPI, which is the ninth straight month of year-over-year home price increases and the strongest showing from home prices since May

Will Added Competition Threaten First-Time Homebuyers?

By Peter Ricci First-time homebuyers, as any agent knows, are one of the most important demographics to a healthy real estate market, and the increasing market share of first-time homebuyers has been one of the many positive developments of

Miami Slow, But Primed, For Green Homes

By Joe Van Acker The Magic City has been surprisingly slow to adopt green technology and building techniques, but that’s starting to change. Sustainable Development Services, LLC broke ground last week on the first two green homes to be

Miami’s Comeback Continues with Merrick Manor

By Joe Van Acker With prices rising and inventory falling, Miami is enjoying an increasingly healthy real estate market. The Astor Companies have announced plans to begin construction of Merrick Manor this summer, making it the first new-to-market condo

Miami Chapter of MBF Taps Jeff Morr as Chairman

Jeff Morr will be the new face of the Miami Chapter of the Master Brokers Forum for the next four years, after being named chairman. Currently a broker and CEO of Majestic Properties, Morr has more than 25 years of real estate and design experience.

When Renting Became More Expensive Than Owning

By Peter Ricci Proponents of renting have often argued that renting is less expensive that owning, and admittedly, the argument makes sense; after all, renters do not have to worry about repairs, insurance or property taxes, among the other

NAHB’s Improving Markets Index Swells to 242

By Peter Ricci The National Association of Home Builders’ (NAHB) Improving Markets Index, a key measure of the housing markets in the U.S.’ largest metropolitan areas, rose for the fifth consecutive month in January, increasing to a total of 242

Fannie Mae National Housing Survey Reveals Great Expectations

By Joe Van Acker It looks like avoiding the apocalypse may have put consumers in the mood to buy. Americans continue to report confidence in the housing market despite concerns for their personal finances and the overall economy. Respondents to

Coconut Grove “Fantasy Island” Home Sells for $4.7 Million

By Natalie Terchek Master Broker Forum member, Chris Crystal of Miami Real Estate Co., sold a 5,098 square-foot home nicknamed “Fantasy Island” for $4,700,000. The sale was completed on December 3,

Pending Home Sales Index Hits Highest Level Since April 2010

By Peter Ricci The Pending Home Sales Index showed considerable signs of life in November, increasing 9.8 percent year-over-year and hitting its highest level in more than two years, according to the latest readings by the National Association of

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