News / Features

This Week in Miami Real Estate: Permit slowdown, broker news and more

Developers hope new tech will speed up permitting process Last October, Miami city officials announced the rollout of a new electronic system for developers to submit building plans for review by the proper authorities. Known as Electronic Plan Review,

Real Estate in Brief: New homeowners, economic growth and more

Homeownership rate posts eighth-consecutive quarterly gain The newest estimate of U.S. homeownership rates, released Feb. 28 by the Census Bureau, showed that more Americans have become homeowners in the last two years. As of the fourth quarter of 2018,

Pending home sales grow nationally, a welcome sign for spring

The first evidence that homebuyers are reacting to favorable market conditions came in the National Association of Realtors’ latest Pending Home Sales report.  According to NAR’s index of pending home sales activity, contract signings grew 4.6 percent in January

Miami named a top destination for homebuyers this year

A surge in home and condo inventory is making Miami one of the most attractive real estate markets for buyers in the U.S. this year. A recent report from Zillow, using its proprietary Buyer-Seller Index, named the Miami-Fort Lauderdale

Case-Shiller: Home price growth trending downward

One of the most widely cited barometers of the U.S. housing market showed home price growth continuing a downward trend at the close of 2018, an positive sign for buyers. The S&P CoreLogic Case-Shiller Home Price Index registered a

What’s ahead for FHFA nominee Mark Calabria?

On Tuesday, Feb. 26, the Senate Banking Committee voted to confirm Mark Calabria as the new head of the Federal Housing Finance Agency. Assuming he makes it through the full Senate vote, which has yet to be scheduled, Calabria

Condo sales slump may attract buyer, agent interest

Real estate agents in the Miami area may be ramping up marketing efforts that target condo buyers, as recent data show a local market primed for sales opportunities. Some condo owners and developers are even launching their own campaigns

This Week in Miami Real Estate: Property taxes, new homes and more

Miami-Dade property tax deadline approaches Miami-Dade County Property Appraiser Pedro J. Garcia is urging homeowners to file property tax returns soon amidst the upcoming March 1, 2019 deadline. Garcia is hoping property owners pay special attention to several new

Real Estate in Brief: Selling in spring, odd lots and more

Early May named the best time to list a home Plenty of Americans are getting anxious about the arrival of spring, particularly those who are homeowners looking to sell in the near future. As it turns out, spring may

Jan. existing-home sales leave room to grow

Evidence of slower price appreciation, growing inventory and falling interest rates have boosted economist expectations for U.S. home sales at the beginning of 2019. However, these trends that should entice buyers haven’t yet made an impact when it comes

Homebuilder hopes improve on rate outlook

U.S. homebuilders haven’t seen quite the same gains as the broader real estate market in recent years, but signs are beginning to point in the industry’s favor this year. A new report from LEK Consulting and Wells Fargo’s U.S.

For-sale inventory snaps 5-year losing streak

Changing tides in the national real estate market are leading to the most widespread inventory increases seen in at least five years. According to data collected by Zillow, for the first time since 2014, the U.S. housing market posted

This Week in Miami Real Estate: Traffic, beach life and more

  Miami ranks 12th in U.S. for traffic No one likes sitting in traffic, but Miami residents have recently amped up their concerns around swelling vehicle congestion in the booming city. Now, with the release of a new study

Real Estate in Brief: Aging in place, ARM growth and more

  Millennials face fewer housing choices as seniors age in place More senior citizens around the U.S. are choosing to age in place rather than sell their homes and move to a retirement community, and those decisions could be

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

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