National News

Housing affordability falls for a third straight month
Housing affordability falls for a third straight month

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

Miami rental and sales prices exploding
Miami rental and sales prices exploding

As population booms with transplants to Florida, real estate prices are skyrocketing for rentals and sales.

Existing-home sales reverse four-month decline in June
Existing-home sales reverse four-month decline in June

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.

Mortgage applications surge 16% as interest rates fall
Mortgage applications surge 16% as interest rates fall

Meanwhile, the Mortgage Bankers Association’s seasonally adjusted purchase index rose 8% from the previous week.

Compass, Guaranteed Rate launch loan origination company OriginPoint
Compass, Guaranteed Rate launch loan origination company OriginPoint

Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.

What the condo collapse means for agents, sellers and buyers in South Florida
What the condo collapse means for agents, sellers and buyers in South Florida

The Champlain Towers South collapse emergency is ongoing, and some experts say they expect condo sales, in what was a roaring condo market in Miami, to struggle from the impact. What can agents, sellers and buyers anticipate?

Will Gen Z be the mortgage generation?
Will Gen Z be the mortgage generation?

Millennials were once referred to as the “renter generation” because of their preference for apartment living in urban areas over purchasing a home in the suburbs like their Baby Boomer parents.

S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”
S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”

Home prices continued to gain steam in April, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which showed a 2.1% increase from March and a 14.6% increase from a year earlier.

Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank
Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank

The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country.

My State MLS adopts free location app what3words so agents and clients can locate hard-to-find properties
My State MLS adopts free location app what3words so agents and clients can locate hard-to-find properties

Nationwide multiple listing service My State MLS integrated what3words, a free app that makes it easier to guide agents and clients to an exact location.

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