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Veterans in the legal weed industry face barriers to housing benefits

Many U.S. military veterans are learning the hard way that legal cannabis and federal bureaucracy often don’t mix well. Among them is a 35-year-old disabled Army veteran from Revere, Massachusetts, whose VA loan application was rejected. The reason involved

Agents support the rise of Hispanic homeowners

Hispanic and Latino-Americans comprise about 18 percent of the U.S. population, but have accounted for almost two-thirds of net growth in the U.S. homeownership rate since 2008. A recent report from the National Association of Hispanic Real Estate Professionals

How housing contributed to a record-breaking economic expansion

As of this month, the U.S. has seen 121 straight months of economic expansion since the Great Recession in June 2009, the longest-recorded period of economic growth to date. Housing has comprised 15 percent of the nation’s economic output

Q2 market recap: Miami Beach cools, mainland heats up

South Florida’s housing market posted gains in the second quarter of 2019, reversing some of the trends that began earlier in the year, according to a report from Douglas Elliman in conjunction with Miller Samuel. Covering the major markets

Housing starts dip overall in June, but single-family building grows

Housing starts around the country were sluggish in June, with single-family starts registering below year-ago numbers for a fifth consecutive month. In all, housing starts were down 0.9 percent from the previous June, and were on pace for a

Florida remains top destination for international homebuyers

U.S. home sales to foreign buyers declined in the last year compared to the prior period, but still generated nearly $78 billion in total purchase volume between April 2018 and March 2019, according to the National Association of Realtors.

Miami home prices rising faster than incomes

It’s often said by economists that housing costs have risen faster than wages in recent decades, but just how wide is the gulf between income growth and gains in property values? We now have a better sense of that,

Miami on track to become among nation’s most walkable cities

The Miami metro area’s expansion in recent years is almost unparalleled among U.S. cities. Unfortunately, it’s also come with consequences like increased suburban sprawl and debilitating traffic jams. While Miami is currently considered one of the least-walkable American cities,

Will it play in Plainfield? Coldwell Banker’s rebranding experiment

Every Tuesday throughout the summer, Plainfield’s main drag turns into a family friendly spectacle of classic cars, music and food as the local chamber of commerce closes down the streets for Cruise Night. To Mike Prodehl, president and CEO

South Florida luxury home sales slip in Q2

Despite strong sales in the market overall for much of the quarter, the five counties that make up the South Florida region saw slower sales in the luxury home and condo market during the second quarter, according to a

More first-time buyers facing budget constraints this year

New data from realtor.com shows that while 42 percent of home shoppers this past spring were first-time buyers, the group, consisting mostly of millennials, had trouble finding homes due to budget constraints — a higher proportion than just two

Where Democratic presidential candidates stand on housing issues

Of the dozens of candidates currently in the running for the Democratic Party’s nomination for president in 2020, several frontrunners have made housing and real estate central pieces of their platforms. Here’s where the current frontrunners in the Democratic

Realogy sues Compass over alleged illegal business practices

On the same day, Compass settled a lawsuit against one titan of the real estate industry while finding itself at the center of a new, explosive complaint from another competitor. In a summons filed in the Supreme Court of

For-sale inventory trends lower as homebuyers hold out for deals

Just when many housing markets were seeing some relief in their scant inventory of for-sale housing, there are now fresh signs afoot that supply levels may return to a trend of tightening.  A new report on the housing market from

Homeowners and appraisers agree more on value

July marked the second consecutive month of tightening margins between owners’ estimates of home values and the professional opinions of appraisers, according to Quicken Loans’ National Home Price Perception Index. Appraised values were only 0.71 percent lower nationwide than

Villa Valencia condo tower breaks ground in Coral Gables

Luxury condo development Villa Valencia broke ground in downtown Coral Gables June 27, the latest residential project to take shape in the city. Location Ventures, a Miami-based real estate investment firm, celebrated the project with an event held at

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