News / Features

Florida has second highest number of zombie foreclosures in the nation

A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Mortgage applications are up, consumer confidence stabilizes

Encouraging new data shows that buyers are coming back and consumers are feeling more confident, though concerns about job stability and possible inflation remain.

Rent increases down in Miami in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Despite pandemic, new homes are selling

Data shows sales of new construction single-family homes rose slightly in April while price growth continues, albeit slowly.

Going where no one has gone before

This “Star Trek”-themed movie room is decked out to imitate the bridge of the Starship Enterprise. Beam us up, Scotty.

Miami listings plentiful, but that’s not helping affordability

Homes are more affordable nationwide due to declining interest rates, but a shortage of listings in most cities due to the pandemic is making them harder to find.

Hispanic homeownership reached historic highs before COVID-19. What now?

=During a pandemic that appears to be impacting the Latino community disproportionately hard, will the singular gains of this community be sustained?

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Purchase applications up 13% in Florida

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Inventory Intel: 4th $10M+ sale during COVID-19-era at One Thousand Museum

Karen Elmir of the Elmir Group at Cervera Real Estate calls the sale “monumental” for these “uncertain times.”

Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Redfin: Over half of big-city dwellers working from home want out

More than half of those working remotely said they would leave the city if they didn’t have to go into an office.

Real Estrange: Westworld reimagined

Get a taste of the Wild West with Palazzo Lavaca, a 6,750-square-foot residence and event space in Austin, Texas, on the market for $4.95 million.

Are Miami’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

Making Moves: The Atlas Team joins Compass

The 40-agent real estate group is headquartered in Boca Raton.

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