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There may be dirty money in Miami real estate after all

In January, the Financial Crimes Enforcement Network, a division of the Treasury Department, announced two Geographic Targeting Orders, or GTOs, to monitor all cash luxury transactions in both Manhattan and Miami. The purpose was to help authorities identify possible

Appraising solar: a new approach

By the end of 2016, the Department of Energy estimates 1 million homes will be equipped with a solar energy system. And still there is no definitive way to value those systems in appraisals. A new report from the

7 Baby Boomer housing needs you should know

At 75 million strong, the Baby Boomer generation comprises just over a quarter of the U.S. population, and as such, it wields considerable sway on the direction of the country’s economy – particularly in the area of housing. Indeed,

5 apps helping agents stay safe on the job

Real estate is a people business, and unfortunately, dealing with people can be dangerous. Agents need to make their safety a priority, because not every brokerage will do it for them. According to a report from the National Association

Future labor shortage may be imminent – Blame it on the Boomers?

Today, builders are facing a serious labor shortage. A few years from now, that shortage could get even worse. In a new report from John Burns Real Estate Consulting, the research group’s vice president and chief demographer, Chris Porter,

How have Trump condo values done over the past year?

After a roll call vote on Tuesday in Cleveland, Donald Trump was officially nominated as the GOP’s presidential candidate. Unfortunately, his domination in Republican polls has done little to stymie the falling value of his once-coveted branded condos. In

Four things to know about ultra-high net worth clients

Jerry Seinfeld lives in a $32 million mansion. Michael Jordan is currently selling his $16 million estate, complete with nine bedrooms, 17 bathrooms and a full-sized basketball court – which, according to Zillow, includes locker rooms, showers and a lounge

Charlie Young the new president/CEO of Coldwell Banker Real Estate

Coldwell Banker Real Estate has announced the appointment of Charlie Young as the brand’s president and CEO, which will take effect Sept. 1, 2016. Young has been president and CEO of ERA Franchise Systems LLC since 2009, and prior to

Americans say the best candidate for housing is…

In less than a year, either Donald Trump or Hillary Clinton will be president. One of them will set the policies that will impact housing over the next four years. In a recent survey from Trulia, the listing site found

Realtor.com economist – “best summer for residential real estate in a decade”

Jonathan Smoke is the chief economist for realtor.com, and in a commentary he recently wrote for CNBC, he suggested the nation’s current economic arrangement is a “nearly perfect scenario” for this summer’s real estate market. “During the boom, loose

7 essential things to know about foreign homebuyers in 2016

NAR’s latest survey of international buyers, which the association conducts annually, provided some keen insights into the U.S. housing market and the role that foreign consumers play. Here were the seven most notable findings from the survey: 1. Falling

Architects answer “what do homeowners want?”

Trends in home design over this year’s first quarter are treading familiar territory, with higher-end homeowners building bigger and, for another year, informal spaces, open space layouts, and access in and out of the home proving the most sought-after design

Redfin announces new tool for agents

Redfin this week released its newest tool Opportunity Score, which will measure the number of jobs within a 30-minute, car-free commute from a particular address, giving agents yet another tool and credential to use in their listing presentations and sales

Consumers say the market’s in crisis, Realtors stay positive. Who’s right?

The majority of Americans agree the nation is facing a serious housing affordability problem – but Realtors say they’re confident about the current real estate market, as well as how it will perform over the next six months. If

The 6 biggest challenges facing housing in 2016

From numerous vantage points, the U.S. housing market has improved considerably in recent years. Home prices are rising. The number of underwater homeowners has shrunk from 12.1 million in 2011 to 4.3 million today. Delinquency rates are down. And

Pending home sales reverse course, decline in May

After steadily increasing for three straight months, pending home sales let up in May and declined year-over-year for the first time in almost two years, according to the latest analysis from NAR. The Pending Home Sales Index slid 3.7

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