National News

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

27 million Baby Boomers are planning to move nationwide

  According to Freddie Mac’s “55+ Survey,” Baby Boomers looking to move again in their lifetimes could have a substantial impact on the future of housing. The survey found that out of the 27 million Boomers looking to move, 13 percent

The secret to a higher sale: Paint color?

A new study from Zillow Digs found that homes with neutral colors sell for more money than those listed without such tones. For instance, yellow kitchens sold for $1,360 more than asking price, while white kitchens sold for $82

The Brexit factor: What it means for U.S. real estate

The United Kingdom became the first country ever to leave the European Union last week, and the decision is one to be felt the world over – including by the United State’s real estate market. In the immediate aftermath of

Miami home prices remain strong in new Case-Shiller Indices

The Miami area continued its strong home price growth in 2016, according to the latest Case-Shiller Home Price Indices. From March to April (the most recent month of available data), Miami home prices grew 1.1 percent, while year-over-year prices rose 6.4 percent;

Miami real estate costs less than other world-class cities

The MIAMI Association of Realtors (MIAMI) recently released its May 2016 Miami-Dade Statistical Report, which contained information about non-distressed single family home sales, condo prices and more. Non-distressed single-family home sales in Miami increased for the fifth consecutive month,

NAR voices support for bills in favor of alternatives to FICO

Earlier this month, the National Association of Realtors (NAR) expressed their support for two bills that aim to make it easier for consumers to build credit and secure a mortgage. The first bill NAR expressed support for is H.R. 4172,

Landscaping done right: do’s and don’ts this summer

Homebuyers are buying more than walls and windows when they visit an available space, they are buying the landscaping as well. If left uncared for, homebuyers could be turned off to the sale. Here are do’s and don’ts for landscaping

What goes into a new home’s price? Most consumers have no idea

There is a significant disconnect between consumers and homebuilders, according to a new analysis from the National Association of Home Builders. Comparing Census Bureau data with that of its most recent Home Buyer Preferences Survey, the NAHB found that

This Week in Miami Real Estate: Ritz-Carlton Residences break ground, Sabbia Beach sales gallery relocation and more

Did you miss out on any of this week’s top real estate news? Notable news this week included the groundbreaking of the Ritz-Carlton Residences and the relocation of the Sabbia Beach sales gallery. Just in case you missed it,

7 incredible stats on how student debt is harming the housing market

Student debt continues to be a major problem for the housing market, according to a detailed new survey from the National Association of Realtors and SALT, the consumer literacy program. The survey, which sampled thousands of non-homeowners currently repaying

Building with room to spare – a growing trend

Newly built homes are being made with extra space in mind. A report from The New York Times found that there is an inverse correlation between the amount of people living in the home verses how much room they build

Technology tips provided by members of 30 under 30

Realtor Magazine’s 2016 members of 30 Under 30 recently shared their secrets with handling technology on the job. This is their advice: Maintaining an Online Presence Maintaining an online presence is important to salesperson Kimberly Sethavanish from Century 21 Alliance

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