National News

Miami surges in renter survey

The city jumped 15 spots in RentCafe’s annual ranking of U.S. cities. 

Guaranteed Rate rebrands itself as Rate

The new name conveys a “concise, modern identity,” the company said. 

Colombia accounts for most web searches of South Florida real estate

The MIAMI Association of REALTORS® said house hunters in the country accounted for the largest share of international searches of MiamiRealtors.com, followed by Germans and Canadians. 

Two Florida cities among best for Realtors

Clever Real Estate ranked Tampa and Jacksonville No. 4 and No. 7, respectively, among the best U.S. markets for real estate agents. 

U.S. housing deficit grows to about 4.5 million homes

In Miami, the 2022 shortage was nearly 67,000 homes, an 11.5% increase from 2021.

Guaranteed Rate raises more than $1 million for military nonprofits

The money raised will go to nonprofit organizations that support the U.S. military community.

Housing Scorecard: Home sales rise in Miami-Dade, Broward, Palm Beach

At the same time, inventory also rose in all three South Florida counties.

VA to temporarily lift ban on buyer agent commissions

VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.

Donald R. Horton, founder of nation’s largest homebuilder, dies at 74

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

Miami ranks No. 4 in U.S. for new listings, No. 3 for months’ supply increase

The city saw a 31.2% annual jump in new listings in April and a 54% surge in months’ supply, according to the latest RE/MAX National Housing Report. 

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

Anywhere Real Estate, Keller Williams and RE/MAX commissions settlements receive final court approval

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

NAR Chief Economist Lawrence Yun optimistic about real estate industry this year and beyond

Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.

Changes to MLS from NAR settlement to take effect Aug. 17

NAR previously said the changes were expected to start in mid-July.

Warren Buffett’s HomeServices of America settles compensation lawsuit for $250 million

HomeServices of America is the last defendant to settle in the case.

Miami ranks No. 1 for recent college grads

Online English-learning platform Preply analyzed the 75 largest U.S. cities based on a variety of factors, and Miami took the top spot. 

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