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Single-Person Households on the Rise

Single-person housing is becoming a long-term solution, even into older years One of the most pronounced trends since the 1940s is the rise of the single-person household. According to the U.S. Census Bureau, single-person households were the second most common household type

Multifamily Dominates New Construction in Miami

In the last 10 years, the market share for multifamily construction has grown by an extraordinary amount In April, the most recent month for which we have data, multifamily construction soared 35.5 percent across the country from March. That was

First-Ever LGBT Home Buyer and Seller Survey Released

Up until now, there has been very little information available about the LGBT community’s preferences in the real estate business. But for the first time, Better Homes and Gardens has released their LGBT Buyer and Seller Survey, which asked

TILA-RESPA: Industry Leaders Urge Congress For More Time

A letter from industry leaders to Congress is urging lawmakers for a safety net against the Aug. 1 TRID deadline In less than two months, enforcement of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures (TRID) regulation, which aims

41% of Americans Think Housing Crisis is Still Happening

Latest housing survey from MacArthur Foundation finds many Americans skeptical of housing and the wider economy What a difference a year makes – or, in the case of the MacArthur Foundation’s “How Housing Matters” survey,  what a difference a

Down Payments are Down, but are Home Sales Up?

Down payment trends may hint at first time homebuyer confidence The average down payment for single-family homes, condos and townhomes was down to 14.8 percent of the purchase price for Q1 2015, the lowest number since Q1 2012, according

7 Important Things about Housing in the Government’s New Jobs Report

Latest jobs report features interesting implications for housing May was a positive month for the U.S. labor market, with the economy adding 280,000 jobs and the unemployment rate holding steady at 5.5 percent, according to the latest analysis from

The Legal System has Ruled – Agents are not Employees

Are real estate agents employees, or independent contractors? Massachusetts’s highest court weighs in The highest court in Massachusetts has settled the matter – real estate agents are independent contractors, not employees. That was the state’s Supreme Judicial Court’s decision

Hispanics will be Key Driver of Housing’s Future

The Hispanic demographic struggles to recover from housing crash, but could become a big shaker in future markets Between now and 2020, roughly four out of every 10 new households in the U.S. will be headed by someone of

Miami Properties Featured at Beijing Luxury Property Show

This April the MIAMI Association of REALTORS®, the largest local Realtor association in the nation, promoted South Florida real estate to Asian luxury buyers at China’s leading property showcase. Miami was one of 220 global cities exhibited at the

Hidden Truth Behind 2015’s Soaring New Home Sales

Last month’s new home sales appear hugely positive, but is there a hidden truth behind the numbers? On the surface, it would appear to be a wholly positive development for housing – sales of newly built single-family homes, according to

Pending Home Sales Soar in April to Highest Level since May 2006

April’s pending home sales add positive note, but caution still necessary Pending home sales in April hit their highest level in nine years, according to the latest analysis from the National Association of Realtors. The Pending Home Sales Index

Miami Home Prices Among Strongest in U.S.

Home prices in Miami were strong as ever in the latest Case-Shiller report Home prices in the Miami area rose 1.0 percent from February to March and 8.7 percent from March 2014, according to the latest Case-Shiller Home Price Indices from Standard

Top 10 Real Estate Films

Miami Agent counts down its top 10 real estate films In 1982, iconic horror moviemaker Tobe Hooper (of Texas Chainsaw Massacre fame) married two of American’s most deep-seeded fears: real estate and structures built on unmarked graves. In what became

FAA Awards Commercial Drone Exemptions

Federal Aviation Administration approves 400-plus commercial drone exemptions As of late May 2015, the Federal Aviation Administration had granted 434 section 333 exemption petitions, which allow for the commercial use of unmanned aerial vehicles, or drones, and among them,

Are You Adhering to Google’s Mobile-Friendly Guidelines?

Google has implemented several mobile-friendly guidelines to its search engine – is your real estate website following those guidelines? If your website isn’t mobile friendly, then Google may not want to be too friendly to it. And for a

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