National News

Miami Home Prices Slow in Case-Shiller Indices

Home prices continue to rise nationally, but what about the local housing market? Home prices in the Miami metro area rose 0.3 percent from May to June and 7.7 percent from June 2014, according to the new Case-Shiller Home Price Indices from

Residential Real Estate Brokerages Expecting More Money

During the economic downturn, the real estate industry floundered and thousands lost their jobs. But improvements have been made, and the industry is healing, which means the money is returning. By 2016, more than two-thirds of residential real estate

New Construction at Highest Level in 8 Years

New development – especially in the single-family sector – has been very strong in 2015 Housing starts in 2015 are running at their highest level in eight years, according to the latest report from the U.S. Census Bureau. With 641,000 new housing starts so

Keller Williams Acquires Team Leads Inc., Partners with HomeKeepr/Placester

Keller Williams has acquired Team Leads Inc., an agent team business solution provider based in Ontario, Canada, and entered into collaborations with two leading real estate technology providers, HomeKeepr and Placester. Team Leads Inc. will be rebranded as KW Team Leads

4 Significant Ways First-Time Buyers have Changed

The housing market has changed substantially in the last 40 years, and first-time homebuyers have changed with it Since the 1970s, the U.S. housing market has changed in numerous ways. The square footage of homes, for instance, has risen to all-time

Builder Confidence at Highest Level Since Nov. 2005

Builder confidence in the market for newly built, single-family homes in August rose one point to a level of 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). That is the highest reading since November

Judge Allows Primary Trade Secrets Complaint Against Zillow

In October, we reported on a budding legal battle between Zillow and Top Agent Network (TAN).  Tan claimed the popular syndication portal had stolen proprietary trade secrets under the guise of investor interest to create its “Coming Soon” feature. Today, a

Reading the Tea Leaves: What the Economy Can Tell Us About the Future of Building

Homebuilding is in a state of flux across the nation. With growing barriers in lending and land availability forcing traditionally entry-level homebuilders into the upper ends of the market, it is unclear what the future of the industry and

Is the McMansion Returning to Glory?

Square footage is growing faster now than it did during the housing boom, but the culture of the McMansion may be changing After being scared away by the 2008 financial and housing crisis, the McMansion is slowly returning to

Why Miami Renters are Not Buying Homes

Rising rents, new research shows, are not an incentive to buy a house Renters in the Miami metro area are spending substantially more money on their monthly rent than is historically the case. That was the finding of a new

Miami Area Flips Most Houses in Nation

New research indicates home flipping remains very profitable in Miami In 2015’s second quarter, the Miami metro area had 1,383 single family home flips, which is more than any other area in the nation, according to a recent study

As Housing Market Improves, Average Down Payments Rise

Recent study shows national increase in average down payments. In 2015’s second quarter, the average down payment in Florida was 17.58 percent, which was an increase from the first quarter’s 17.28 percent, according to a recent study by online loan marketplace,

Major Google Air Quality Partnership May Soon Influence Home Pricing Decisions

Technology has drastically improved the efficacy of searching for the right home. Prior to enlisting the services of an agent, buyers, who in all likelihood have a pre-established criterion for their ideal neighborhood and home, are scoping out concerns

CoreLogic: Florida Home Prices Rise 7.8 Percent

Florida joins nationwide trend of rising home prices Home prices, including distressed sales, increased by 7.8 percent year-over-year in June 2015 in Florida, according CoreLogic’s June 2015 Home Price Index (HPI). Excluding distressed sales, year-over-year prices increased by 7.9

TILA-RESPA: New Bills Aim to Address Concerns

The House Financial Services Committee passed two bills to help ease TRID worries On Oct. 3, the new TILA-RESPA integrated disclosure (TRID) rule will come into affect, and the industry is struggling in preparation, despite the Consumer Financial Protection Bureau

Miami Skyscrapers May Have Growth Stunted

Downtown Miami is reaching new heights with the new wave of high-rise developments being built taller than ever. But with the Federal Aviation Administration putting pressure on builders to cut building heights in half, will the skyscrapers be forced

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