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Mortgage delinquency drops in July

It’s as easy to pay mortgages on time now as it was 10 years ago in July 2007, this according to CoreLogic’s monthly Loan Performance Insights Report. 4.6 percent of mortgages were in some stage of delinquency in July — a decrease of 0.9 percent from July 2016

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Building materials, suppliers will be in high demand post-hurricane season

Homes across Texas and Florida will need repairs and re-roofing as they recover from the hurricanes and storms that have ravaged the Southeast, which will spur major demand on building materials and their suppliers through the next year. According

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Miami a popular real estate destination for Colombians

Foreign investors’ and buyers’ interest in Miami is well-documented, and a recent report from the Miami Association of Realtors measures that interest via visitors who search for real estate on MiamiRealtors.com. The findings show that Colombians lead the pack

Homeowners only have to own a home for 2 years before it makes more sense than renting

When is it the right time to switch from rent to owning? Usually this answer is subjective, depending on things like income, family size and location. However, in real estate it can often be a matter of time. Recent

CoreLogic shows U.S. home prices spike up

It seems as though homeowners who believe that next year will be a better time to sell may be right as home prices continue to rise. Not only increasing year-after-year, but also month-to-month as of August 2017.  CoreLogic released

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Miami construction starts fall slightly in August year-over-year

Although nonresidential construction starts are on the rise across the Miami-Fort Lauderdale-Miami Beach MSA, overall construction starts dropped in August on a year-over-year basis, according to the latest Dodge Data and Analytics report. Nonresidential construction starts in August totaled

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Miami LEEDs in green residential construction

Construction of both residential and commercial green buildings is increasing around the country, with developers, builders and buyers alike attracted by lower construction costs and energy savings. Real estate agents also are familiar with one of the biggest benefits

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Allapattah ranks as one of the hottest neighborhoods in the country

One of the hottest neighborhoods in the country is located in Miami. A new study from the personal finance website GOBankingRates ranked the 20 hottest neighborhoods across the United States. It found that they are often right outside mid-sized

Report: Florida sales, listings, prices all up in August

While Hurricane Irma may have a detrimental effect on Florida housing in September, a new report from Florida Realtors shows that the state’s market fared well in August. The report shows that closed sales and pending sales, new listings

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Home flippers move toward more affordable markets as profits plateau

Less homes are being flipped, for less of a profit, and for those who do, the cost is the most expensive it’s been in nearly 10 years, according to a new report from ATTOM Data Solutions. Flipping trend on

Gov. Scott files order to extend window for insurance claims post-Irma

Under a new emergency order filed by Florida Gov. Rick Scott on Sept. 18, homeowners in the state have an additional 90 days to file claims  with their insurance providers for damage related to Hurricane Irma.   The news

Housing prices keep going up amidst national inventory shortages

Housing prices increased 7.7 percent in August, according to a recent report from Redfin. This new hike in costs represents the greatest uptick in year-over-year home prices since May 2015. Nationally, the median sale price rested at $293,000, indicating

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See how much Miami residents need to earn to buy a home in the area

A new study by HSH.com reveals exactly what salary Americans must earn in order to afford a median-priced home in any given metro. For Miami residents, the cost of homeownership rings in at exactly $71,644.01 a year, a 9.25

As Miami and Houston begin recovery, rebuilding is in focus

As Hurricane Irma’s strength wains to a post-tropical cyclone while it continued its path into Georgia on Tuesday, Florida residents are starting their recovery process — a process that Houston itself started recently after Hurricane Harvey ravaged the city. 

Hurricane Irma continues to churn in Southeast

After leaving a trail of destruction in the Caribbean, Hurricane Irma made landfall in Florida over the weekend, where it knocked out power and cell service to nearly 6 million residents. Five people reportedly died in Florida and 37

Irma barrels toward Florida

Florida residents continue evacuating their homes, heading west and north as Hurricane Irma is set to make landfall early Sunday and continue its path from the Florida Keys north to Georgia. The state imposed some mandatory warnings, including of

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