Read Today’s Top Story: Miami-Dade home sales increase again

News / Features

Facebook: Marketing friend or foe?

No matter what social platform comes along, Facebook is still a leader in the space. As such, real estate agents and consumers alike flock to the site for a variety of reasons. In fact, according to 2019 figures from

Brazil leads $1 billion growth in foreign sales

Foreign homebuyers accounted for $8.7 billion in total sales volume across the Miami-Fort Lauderdale-West Palm Beach area last year, around $1.6 billion more than in 2017, according to a new report from the Miami Association of Realtors. Leading the

Consumer confidence in housing market surges

Surveys of American consumers continue to point to renewed optimism in the housing market. Fannie Mae’s Home Purchase Sentiment Index approached an all-time high reading in March, gaining five points over February to reach 89.8. This was driven by

Florida leads nation in job growth, construction hiring

In a strong sign for the local housing market and economy, new data from the U.S. Department of Labor showed Florida added the most employees of any state in February, the latest month for which state-level data were available.

Price cuts were the norm for Miami listings in Q1

Miami has been a boon for homebuyers lately, as more developers work to move new homes and condos off the market in the wake of a yearslong building boom. To make it happen, price cuts have become common across

Real Estate in Brief: Rent burden, global affordability and more

Freddie Mac: Florida metros among most rent-burdened Housing affordability is an issue that dominates discussions of local politics, but the data on the topic can be hard to interpret. Studies from multiple sources regularly rank U.S. cities according to

Helping buyers understand credit scores

Even though you’re in the trenches every day, buying a house is a big deal for your clients. It requires many involved steps and processes that can seem overwhelming to any buyer. And one of the more intimidating steps

Tax Day takeaways for your clients

April 15 this year marks the first Tax Day under the 2017 Tax Cuts and Jobs Act, one of the most significant overhauls of the federal tax code in decades. While Tax Day is the deadline for most Americans,

This Week in Miami Real Estate: Association innovation, green homes and more

Miami Realtors hires new Chief Innovation Officer The Miami Association of Realtors announced March 22 that it was bringing on Liz Sturrock, RCE, as its Chief Innovation Officer. Sturrock previously served as the vice president of information technology at

Cover story: New construction in Miami

Forget everything you thought you knew about Miami real estate, and the rest of Florida for that matter. With such rapid growth in just a few years, most of the state has undergone a transformation so broad that old

Real Estate in Brief: Facebook v. HUD, record-low rates and more

Facebook charged with housing discrimination by HUD The U.S. Department of Housing and Urban Development (HUD) on March 28 formally charged Facebook with discrimination in violation of the Fair Housing Act. The charge comes after the agency filed a

Bidding wars down significantly in Miami this month

Miami joins many cities across the country in posting a steep drop in the percentage of homebuyers facing competition to get to the closing table. That’s per a new study by Redfin, which compares the percentage of buyers who

Will buyers rule the market this spring?

The coming spring season, when home sales usually take off, could be a great one for buyers as the stars align in their favor: Mortgage rates are low, inventory levels are higher and price growth has slowed. Already, home

FHA changes may tighten credit for homebuyers

First-time homebuyers hoping to utilize the popular Federal Housing Administration loan program may find it more difficult to be approved for a mortgage this year, as the agency moves to reduce growing risks related to the program. FHA loans

This Week in Miami Real Estate: Downtown hotel market, groundbreaking plans and more

Downtown Miami hotel market expected to double in size A report from the Miami Downtown Development Authority projects that based on proposals and plans for upcoming hotel developments in downtown Miami, the area could see as many as 12,000

Home sales surge ahead of spring

For real estate agents, spring may have arrived early this year. After a string of anemic reports through the winter, home sales numbers picked up across the U.S. in February. The National Association of Realtors reported that existing home

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