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News / Features

Real estate’s contribution to Florida’s economy

The housing market is a major driver of the U.S. economy, but its contribution is different on a state-by-state basis. According to a recent report from the National Association of Realtors, Florida’s real estate industry contributed $227.3 billion to

How much Miami homeowners saved on taxes last year

A new report by John Burns Real Estate Consulting attempts to quantify and forecast the real estate impact of 2017’s Tax Cuts and Jobs Act and takes stock of some measurable aspects of the law’s effects about a year

What to know about new seller disclosure rules in Miami-Dade County

Starting June 14, 2019, home sellers in Miami-Dade County, along with their agents, will need to adhere to new disclosure rules related to special assessment district (formerly known as a special taxing district). In an email sent to members

How and why your clients undertake remodeling projects

The eighth annual Houzz & Home Study, released June 5, revealed the trends, desires, budgets and challenges of homeowners taking on remodeling projects. These takeaways will help you assist clients who are looking to upgrade their living spaces. Spending

Real estate in brief: Fannie and Freddie plans, LGBT house-hunting and more

Fannie, Freddie conservatorship plans in final stages Long-discussed plans to take Fannie Mae and Freddie Mac out of their government-controlled conservatorship status and return ownership to private shareholders may be nearly complete. The Wall Street Journal reported May 30

Report: Florida leads the nation in storm surge risk

Last week, CoreLogic released its 2019 Storm Surge Report, which evaluates the number of homes in the United States that are vulnerable to hurricane and tropical storm damage. The report showed that, along the Gulf and Atlantic Coasts, 7.3

Home sales price behavior moderates as rates keep falling

A surge in demand for homes combined with a widespread shortage of supply caused home prices to surge beyond the reach of many buyers in the last year. Fortunately for prospective buyers and the U.S. housing market at large,

Miami developers, agents seek returns in untapped markets

As Miami’s condo market sent mixed signals over the last year, one prominent resident saw firsthand how price fluctuations could impact sellers. Jorge Pérez, CEO of the Related Group, one of the most prominent developers in the U.S., relisted

This week in Miami real estate: Pocket listings, sustainability and more

New website targets pocket listings A new service capitalizing on the growing popularity of “off-market” or “pocket” listings is coming to Miami. ThePLS.com was founded by James Harris and Christopher Dyson of The Agency Collective, which recently began operations

What makes Miami a global ‘power market’ for luxury real estate

It’s not easy to stay up-to-date on the latest in luxury real estate. The true trajectory and intensity of trends in this specialized market can be obscured by noise in the data when sample sizes or time frames are

Luxury brands make their mark on Miami

Miami has long been a globally recognized hotspot for luxury real estate development. As in any other world-class city, these buildings often create a brand of their own, rather than coming to be known simply by their address —

Real estate in brief: Flipping, remodeling and more

Ridesharing and house flipping: A perfect pair? Houses suitable for a flip can be in short supply these days, but services are sprouting up to find them using a unique business model. In a recent article, The Wall Street

3 indicators leading you into the summer market

It’s clear we’re in a transitional real estate market at the moment, but the destination isn’t quite as obvious. While this year has been notoriously difficult to predict in terms of home sales, there are three indicators that can

This week in Miami real estate: High-growth markets, disaster relief and more

Census names South Florida’s fastest-growing cities New city-level population estimates from the U.S. Census Bureau released May 23 show Doral lost its long-running title as the fastest-growing incorporated city within Miami-Dade County between 2017 and 2018. The title instead

Balancing business wealth and mental health

While so much of being a successful agent relies on doing whatever it takes to see a client through to closing, few agents take into consideration their own limitations. The Chicago Association of Realtors hosted two speakers May 9

The view from D.C.: Top takeaways from NAR’s ‘Midyear’

While much of the buzz around the National Association of Realtors’ Legislative Meetings revolved around the fact that President Donald Trump would be the first sitting president to accept the organization’s invitation to address members in their annual pilgrimage

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