While casual observers might have been expecting dismal numbers in the latest jobs report from the Bureau of Labors Statistics following expectedly soft figures in May’s report, Friday’s jobs report was actually pretty encouraging. The total nonfarm job count

This Fourth of July, the mortgage industry has good news for veterans in high-cost real estate markets. Thanks to the Blue Water Navy Vietnam Veterans Act, recently signed into law by President Donald Trump, veterans who secure loans through

Home price growth in some of the biggest markets in the U.S., including Miami, has increased at a continually slower annual rate. That has put the brakes on historic levels of price appreciation across the U.S., although low mortgage

Zillow’s trademark “Zestimate” feature, which lets homeowners and prospective buyers see the estimated value of almost any residence, has been upgraded to incorporate artificial intelligence and machine learning capabilities that the company says will improve accuracy. According to a

It’s often said that when the U.S. economy gets sick, the whole world catches a cold. This phenomenon is increasingly applicable to the ties that bind New York City, one of the world’s most dynamic real estate markets, and

Miami-area home sales grow In addition to a record-breaking May for Florida home sales, the Miami-Dade County market posted strong numbers of its own, highlighting a resurgence among buyers as mortgage rates fall. Total home sales were up 6.6

The Counselors of Real Estate, an international organization for commercial real estate professionals, ranked what its membership body recently voted on as the current and emerging issues it expects to have the most significant impact on real estate.  Topping

Trump prioritizes affordable housing with executive order President Trump signed an executive order June 25 to propose “eliminating regulatory barriers to affordable housing.” Secretary Ben Carson of the U.S. Department of Housing and Urban Development will chair a new

Less than a week after the National Association of Realtors reported stronger than expected existing-home sales for the month of May, there’s more good news for the U.S. housing market. NAR’s Pending Home Sales Index for May came in

The Joint Center for Housing Studies at Harvard University (JCHS) recently released its annual State of the Nation’s Housing report for 2019. For more than 30 years now, JCHS has put out a comprehensive report on trends in the

The first part in a new longform series from The Miami Herald, entitled “Priced Out of Paradise,” examines what’s been perhaps the biggest story in local real estate for almost two decades. After multiple periods of real estate booms

In March, the luxury home market saw the largest drop in sales since 2010 with an 8.3 percent year-over-year decrease in closings, according to data gathered by Realtor.com. There were just 8,343 sales in excess of $1 million across

There is a recipe for disaster involving agents, buyers and sellers that every agent aims to avoid. Chicago real estate attorney and first-time homebuyer instructor Ranj Mohip calls it “Post-Close Nightmares.” When the seller doesn’t disclose history, the buyer

Real estate sales figures continue to trend upward in Miami-Dade County as well as much of Florida, according to the latest data from the Miami Association of Realtors. Realtors in Miami-Dade County recorded 1,441 closed condo and townhome sales

Florida home sales, prices increase in May Home sales in Florida were up 9.6 percent year-over-year in May, according to data from Florida Realtors. Buyer demand in Florida has been increasing for 89 consecutive years. The interest rate for 30-year

Existing-home sales finally grew in May after two months of downbeat reports, according to the latest monthly snapshot of U.S. housing activity from the National Association of Realtors. Closed sales of previously-owned homes increased by 2.5 percent over April’s