National News

Black mortgage applicants 84% more likely to be denied than white applicants, analysis finds

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Redfin to acquire Bay Equity Home Loans

The San Francisco Bay-area mortgage lender is licensed in 42 states.

Unique ‘MetaReal’ deal will include luxury mansion’s identical counterpart in the virtual world

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Palm Beach luxury market hot commodity for foreign buyers

With global vaccinations rising and unstable political situations around the world, the luxury real estate market in South Florida — particularly Palm Beach County — is seeing an increase in foreign homebuyers.

South Florida popular among renters this year

Southwest Florida, Broward County, Palm Beach County and Miami-Dade County were among the top 50 most competitive rental markets in 2021, according to a year-end report from RentCafé.

Florida ranked second in U.S. for population growth

Florida ranked No. 2 in the country for most residents gained between July 2020 and July 2021, according to recent U.S. Census Bureau data.

Omicron worries push mortgage rates down

Fears of an economic fallout are causing long-term U.S. mortgage rates to fall as the newest COVID-19 strain reignites worry among Americans. 

Miami ranks No. 2 among cities with highest home renovation ROI

Since the initial stay-at-home orders were sparked by COVID-19, home improvement and remodeling projects have become increasingly popular. On average, homeowners spend $2,995 per project, according to a report. 

Miami among top 13 markets with the most home showings in November

The holiday season has done little to deter homebuyer demand as the number of real estate showings at new property listings is heating up across the country. New listings in 13 housing markets averaged double-digit showings in November, according to the latest data from ShowingTime.

South Florida Agent’s top 10 national news stories of 2021

Check out the national stories which most interested our South Florida readers during 2021.

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