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Amazon drops plans for HQ2 in NYC

Only a week after speculation arose that Amazon was reconsidering its plans to build part of its second U.S. headquarters campus in New York City, the company released a statement Feb. 14 confirming it was pulling out of the

Above-list home sales fall as supply pressures ease

By the end of 2018, far fewer homes across the U.S. were selling for more than their list price, according to a recent report from Zillow. However, a close examination of the data shows that may not be a

NAR releases proposal for Fannie, Freddie reform

Amid new leadership and a pending class-action lawsuit, big changes at Fannie Mae and Freddie Mac appear to be close at hand. The question now for U.S. lawmakers and stakeholders in the mortgage industry is how to carry out

Miami home, condo prices finish higher in Q4

Median prices for single-family homes and condos in the Miami area grew at a faster rate than the national average in the final quarter of 2018, according to the latest data from the National Association of Realtors. Compared to

This Week in Miami Real Estate: State migration, hotel concepts and more

Officials in states like New York are already sounding the alarm on lost tax revenues due in part to migration to Florida. In a press conference Feb. 5, New York Governor Andrew Cuomo for the first time divulged the

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Real Estate in Brief: Single homebuyers, price growth continues and more

While homebuyers in the U.S. are generally married couples, data from the National Association of Realtors found that 18 percent of homebuyers in 2018 were single women. To drill down more into that demographic, SmartAsset took a look at

Low mortgage rates fuel housing market outlook

Only a few months ago, most economists, mortgage lenders and others who closely track the mortgage market assumed interest rates would continue rising through 2019, driving up the cost of home purchases. But several weeks into the new year,

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Homebuyers are frustrated. Can agents help?

It’s widely assumed the process of shopping for a home is easier today than ever, thanks to the proliferation of online search tools and easier access to real estate professionals. But when it comes to succeeding in that search,

Profit for home sellers hits 12-year high

In a year defined by rising home prices, sellers fared well in 2018, according to a new report from Attom Data Solutions. Based on its analysis of public sales records across metro areas with at least 200,000 residents, the

This Week in Miami Real Estate: High-speed trains, flying cars and more

It’s been a good week for proponents of mass transit in the Miami area. On Jan. 24, the Miami Herald reported that Miami-Dade County officials had signed off on revisions to local zoning rules that would effectively allow more

Real Estate in Brief: Overseas investment, shifting strategies and more

There are signs that Chinese investors have begun significantly curtailing their exposure to U.S. real estate, partially in response to fraying relations between the two nations. According to data from Real Capital Analytics reported by the Wall Street Journal

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Fed poised to pause on rate hikes

Federal Reserve Chairman Jerome Powell sent the strongest signals yet that the central bank would hold off on raising the key federal funds rate, implying that consumer interest rates like those on home loans may not rise much higher

White House presses for changes at Fannie and Freddie

The White House has made a strong push in recent months for reform at Fannie Mae and Freddie Mac, two government-sponsored enterprises that work to stabilize the U.S. mortgage market. However, the administration’s plans for how exactly it would

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Florida pulls ahead in US job creation

Florida posted one of the highest rates of job creation in the U.S. for 2018, helping lift the entire southern region to the top regional rate of job growth. According to the Bureau of Labor Statistics, the Sunshine State’s

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This Week in Miami Real Estate: Downtown growth, scholarship funds and more

In areas like Brickell and the city’s central business district, a flood of gleaming new skyscrapers have helped attract more residents to Miami’s urban core. A report from the Miami Downtown Development Authority released this week confirms that major

Real Estate in Brief: Hope for homebuilders, FHFA shakeups and more

While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start

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