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This Week in Miami Real Estate: Irma fallout, voting results and more

Voters around the country showed up to the polls on Election Day 2017, and the ballots in the Miami metro area included measures related to real estate. Outgoing Mayor Tomas Regalado’s $400 million Miami Forever general obligation bond was

Compass plans huge expansion after raising $100 million

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

Fort Lauderdale makes biggest jump in national ranking of hot markets for 2018

The real estate market in Fort Lauderdale this year has been fruitful, and 2018 will be even better, according to a recent report from PriceWaterhouseCoopers and the Urban Land Institute. Fort Lauderdale ranks No. 6 in this year’s Emerging

Miami market prices among country’s top growers

Home prices around the country continue to grow in September, jumping 7 percent from the same time last year, according to a new report from CoreLogic. Prices around the country show no signs of slowing down, with the CoreLogic

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Florida ranks second in housing permits issued

Through August 2017, there have been 852,825 housing permits issued this year for single- and multi-family homes — an increase of 7.7 percent over August 2016. A recent report from the National Association of Home Builders analyzed U.S. Census Bureau’s Survey of

New report: Florida’s a hot spot for out-of-state buyers

According to a new survey, homebuyers who are looking to move out of their current state are increasingly interested in the South — and a lot of them are heading to Florida. LendingTree reviewed purchase mortgage loan requests for

This Week in Miami Real Estate: Corporate wooing, building openings and legal aftermath of Irma

Amazon’s search for a new second headquarters has sparked a frenzy among cities that are thirsty for the e-commerce giant’s jobs, tax money and name-recognition. South Florida is no different, as it and 237 other cities around the country

Construction starts continue decline in September

Nonresidential construction starts may be on the rise in the Miami-Fort Lauderdale-Miami Beach metropolitan area, but residential building is still facing a drop in spending. According to Dodge Data & Analytics, residential construction starts have fallen from $329.3 million

Past-due mortgages increase after Harvey and Irma

Following the aftermath of Hurricanes Harvey and Irma, the amount of non-current mortgages and mortgage delinquencies in Texas and Florida have risen significantly since this past September. Since the storms hit, disaster-afflicted areas have seen a 9 percent spike

Florida sales struggle post-Irma, but prices increase

While certain parts of Florida remained largely unscathed from Hurricane Irma, some endured significant devastation that is making a big impact on the state’s housing market.  According to Florida Realtors, there were fewer home sales, pending sales and new

Miami among cities with best infrastructure in U.S.

When shopping for homes, one of the primary things people look at is its bones. And so, it makes sense that when changing cites that the bones of the cityscape should be examined. It may not be a scintillating

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How many working hours does it take to buy a home?

The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much

Home sales decline for third consecutive month while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

8 spookiest street names in the Miami area

Nearly every kid has that creepy house at the end of the lane, the one all their friends would whisper about and race their bikes past. The one the neighborhood children would ding-dong ditch or dare each other to

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Rising sea levels pose biggest threat to owners of less-expensive homes

It’s common knowledge that ships and boats can sink, but can you imagine a sunken community? A recent report revealed that $916 billion worth of U.S. homes could end up underwater due to the sea level increasing by just

Miami economy among biggest growers in the U.S.

Of the largest 20 metropolitan areas in the country, the growth of Miami’s economy is the sixth highest, according to a new report from SpareFoot. Data from the Bureau of Economic Analysis shows that the city’s economic growth is

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