New FHFA director discusses plans for mortgage market Earlier this month, the Senate confirmed Mark Calabria as the new director of the Federal Housing Finance Agency. The FHFA oversees government-owned mortgage insurers Fannie Mae and Freddie Mac, which together

Hosting an open house event within a week of listing a home on the market may help that listing sell faster and for slightly more money in Miami. But in other parts of the U.S., not so much, according

Since Opendoor unveiled its instant-offer home listing service in 2014, other companies have been working to develop other versions of the service that’s come to be dubbed iBuying. Most recently, Keller Williams announced the opening of its own iBuyer

Residential migration and mobility, both interstate and domestic, has been declining steadily for a few years now. About 10 percent of Americans on average moved out of state, in the last five years. But between the 1940s through the

After a strong nationwide rebound in February’s home sales figures, purchase activity resumed its downward trajectory in March. According to the National Association of Realtors’ existing-home sales report released April 22, completed transactions fell 4.9 percent between February and

Miami among top metros for 2018 population gains Miami was among the list of the 10 largest metro areas to see population gains between 2017 and 2018, according to the latest national population estimates released April 18 by the

Updates on Opportunity Zone rules, tax breaks The Treasury Department released a document April 17 offering the first detailed look into regulations it is proposing around the new Opportunity Zones program. Announced as part of the 2017 Tax Cuts

Buyers and sellers across the Miami area faced favorable prospects in the first three months of the year, according to a report from Douglas Elliman Florida compiled with the help of Miller Samuel Inc. Overall, though, it was a

In a multi-part series on its economics blog, researchers at the Federal Reserve Bank of New York broke down some misconceptions related to first-time homebuyers. Some of their findings offer a new perspective on this crucial group of Americans

In the first quarter of 2019, luxury condos for sale throughout South Florida showed significant price gains compared to a year ago. According to the latest quarterly report on the region’s luxury home and condo market from The Keyes

57 Ocean breaks ground Developer Multiplan Real Estate Asset Management broke ground on an 18-story boutique condominium, 57 Ocean, on Millionaire’s Row in Miami Beach. The project will feature two, three and four bedroom units, ranging from 1,200 to

In the decade following the housing crisis, Hispanic and Latino populations accounted for the majority of growth in the U.S. homeownership rate, according to a recent report from the National Association of Hispanic Real Estate Professionals. The 2018 “State

Chase CEO urges mortgage reform In his most recent annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon expressed concerns about the current state of mortgage industry regulation in the U.S. “The country desperately needs mortgage reform,” Dimon wrote

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

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

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