Read Today’s Top Story: Miami-Dade home sales increase again

National News

Miami Ranked a Top Metro Area for New Construction

According to a Dodge Data & Analytics report, Miami was ranked as one of the top metro areas for new commercial and multifamily construction in 2015, with a total dollar amount of $6.3 billion. At number two, Miami was ranked behind New

NAHREP Welcomes New Chief Marketing Officer

The National Association of Hispanic Real Estate Professionals (NAHREP) has named their new chief marketing officer, Jason Riveiro. Riveiro has more than 10 years of experience in leading multinational strategies for some of the most recognized Fortune 500 companies.

5 New Green Building Innovations for New Construction in 2016

The National Association of Homebuilders’ annual International Builders’ Show has become a platform for top and emerging brands to showcase the most innovative technologies in the industry today. Following the trend of sustainable building, which has almost become a new

Is Move, Inc. Taking Steps Towards Online Real Estate Transactions?

New agreement offers unified platform for transactions Move Inc., which runs realtor.com for the National Association of Realtors, announced an agreement with zipLogix that will bring the zipForm digital library to the Reesio document/transaction management platform, according to Housing

New Homes Are More Expensive and Bigger than Ever Before

Bigger homes mean more luxury buyers – but what does that mean for first-time buyers?   The average unit size of new residential construction is increasing, according to a National Association of Home Builders report. The average size of

Mortgage Applications Decrease as Interest Rates Fall

According to data from the Mortgage Bankers Association (MBA), mortgage applications deceased 2.6 percent from the prior week ending in Jan. 29, which included an adjustment for the Martin Luther King holiday. Mortgage Rates Are Decreasing According to the MBA, refinancing

The 3 Trends Shaping New Construction in 2016’s Market

These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their

Pending Home Sales Rose by How Much?

December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major

Are First-Time Homebuyers Making a Comeback?

First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up

CoreLogic: Distressed Sales Hit Lowest Nov. Since 2007

National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from

These High-End Grocery Stores Boost Your Clients’ Home Values

According to a new analysis by Zillow, homes within a mile of either a Trader Joe’s or Whole Foods appreciate faster than other homes. Featured in the paperback edition of the real estate marketplace’s book titled, “Zillow Talk: Rewriting

Miami Price Growth the Strongest in the Nation

The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues in the Miami housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which track home prices

Are FICO Alternatives Becoming the Preferred Standard?

After years of heavy reliance on FICO scores, some lenders are now saying FICO’s view is too narrow, focusing too much on past behavior and not enough on consumers’ present circumstances. Alternative scoring systems have become a viable option,

Can You Believe It? TRID’s Impact on Markets is “Minor”

In December, existing-home sales re-found their footing, making up for the misstep in November. What did we learn? TRID was the cause of November’s slip, but it’s not a problem anymore. “Closing time metrics are showing minor effects of TRID,”

What the Consumers Don’t Know Will Hurt Them

Compared to a few years ago, the lending market is doing quite well. In fact, some institutions believe the progress of recovery is such that the market will be fully recovered by the end of this year. Now if

Are Red or Blue States More Affordable for Consumers?

With the presidential primary just around the corner, ApartmentList.com recently analyzed Census data to see whether Republican- or Democratic-leaning states were more affordable for renters. While the study found that rents tend to be lower in inland states that

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