Local News

Real estate news in Atlanta

Miami Pending Home Sales Up 15 Percent

By Carlo Calma The Miami real estate market continues to see steady growth, as pending home sales have gone up 15 percent year over year during the month of August, according to data released by Property

Politics – Where’s the Money Going?

At press time, the National Association of Realtors (NAR) has contributed a total of $2,178,830 to federal candidates in the 2012 election cycle, according to data released by The Center for Responsive Politics from the Federal Election Commission. The

Miami Property Revival Leads the U.S. Housing Recovery

By Natalie Terchek The latest figures from the Miami Association of Realtors reveal that home prices have risen again in August, making Miami the leader of the property revival in the United States. It is the ninth consecutive month

Keller Williams Expands to Indonesia, South Africa Real Estate Market

By Carlo Calma As part of its plan of continuing international expansion, Keller Williams Realty, Inc. has announced that they will be opening up two new franchises in Indonesia and South Africa during its annual Mega Camp event Sept.

Miami Home Prices Rise 5.3 Percent in July Case-Shiller

Miami home prices posted yet another strong month of growth in the July Case-Shiller Home Price Indices, rising 2.1 percent from June to July and 5.3 percent from July 2011. In all of 2012, in fact, dwindling inventory levels in the

FHFA Targets Five States, Including Florida, For New G-Fees

In an effort to recover past losses, the Federal Housing Finance Agency (FHFA) is considering new g-fees in five states most affected by the housing downturn. Labeling its losses as “exceptionally high,” the FHFA has selected Connecticut, Florida, Illinois,

Falling Housing Inventory Pushes Miami-Dade Condo Prices 28.4 percent in August

By Peter Ricci Miami home prices rose for the ninth consecutive month, according to the Miami Association of Realtors (MAR), with condo prices leading the charge with a 28.4 percent year-over-year increase. And single-family properties were not far behind,

New Foreign Buyers in Miami: Canadians

By Stephanie Sims Finally, the Canadians seem to be realizing their country is just a bit too cold, even in the summer sometimes, and they’re taking advantage of Miami’s hot temps and real estate market. Though they’ll never be

MAR Signs New Reciprocal Agreement with ACIBC

The Miami Association of Realtors (MAR) has signed a new agreement with the Association of Real Estate Agents of Balneario Camboriú (ACIBC) that will greatly increase the integration of the Miami market with that of the Brazilian markets that

Trulia Study – Owning in Miami 48 Percent Cheaper than Renting

By Peter Ricci A new Trulia study of the nation’s 100 largest metropolitan markets has come to a staggering conclusions – owning is cheaper than renting in every major metro market in the U.S. by 45 percent, or, $771

Miami Home Prices Rise 4.4 Percent in June Case-Shiller

Miami home prices rose 4.4 percent annually in June in the latest Case-Shiller Home Price Indices from Standard & Poor’s, posting the third best year-over-year increase among the 20 metropolitan areas surveyed by S&P. It’s just the most recent month

Miami-Dade Residential Sales Increase 11 Percent in July

By Peter Ricci Total residential sales in Miami-Dade increased 11 percent year-over-year in July, according to the latest stats from the Miami Association of Realtors (MAR). That increase was from record numbers in July 2011, and more specifically, existing-condo

Miami Market Listed Among NAHB’s Improving Markets

By Carlo Calma The Miami real estate market has been added to the National Association of Home Builders (NAHB)/First American Improving Market Index’s (IMI) list of improving housing

Median Sales Price for Miami Condos Up 28 Percent

Limited supply and strong demand are creating big upward swings in median sale prices throughout Miami-Dade County, according to the second quarter market report from the Miami Association of Realtors (MAR). The median sale price for condos in the

Government REO Housing Inventory Down 18 Percent

By Peter Ricci According to analysis of government documents, the three big government housing institutes – Fannie Mae, Freddie Mac and the Department of Housing and Urban Development (HUD) – have decreased their REO housing inventory by more than

$47 Million Sale on Indian Creek Island Blows Away the Competition in Miami-Dade Real Estate

By Peter Ricci The insane $47 million sale for 3 Indian Creek Island Road, a two-acre estate on Indian Creek Island, is garnering quite a bit of attention in the Miami residential real estate community, and for good reason. Indeed,

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