News / Features

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December home sales show market headwinds subsiding

The most recent existing home sales report from the National Association of Realtors found sales volumes decline on both a monthly and annual basis in the final weeks of 2018. December home closings touched their lowest annual rate since

Getting buyers off the fence in the new year

With limited inventory and rising interest rates, clients who have been thinking about buying a home in 2019 may feel cautious about jumping in. In fact, Fannie Mae’s most recent Home Purchase Sentiment Index recorded a 12-percentage point decrease in

This Week in Miami Real Estate: iBuyer expansion, office deals and more

Zillow’s iBuyer program that offers cash for homes listed on its website will expand into five more markets, including Miami, this year. Zillow Offers is the company’s recently rolled-out online platform that can quickly provide a cash offer to

What agents and their clients should know about moving scams

Agents have a responsibility to do right by their clients in every way possible, but in the complex, lengthy process of buying and selling a home, not everything may be within an agent’s full control. Criminals and con artists

Home listing growth accelerates to near 4-year high

At a key moment for the U.S. housing market, Redfin found more evidence that homebuyers are entering 2019 in perhaps the strongest position in years. The number of homes for sale in the nation’s largest markets grew 4.8 percent

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South Florida home sales over $1 million increased in 2018

More South Florida homes and condos sold for at least $1 million in 2018 compared to the previous year, according to a luxury market report from The Keyes Company. Across Miami-Dade, Broward, Palm Beach and Martin Counties, single-family home

Real Estate in Brief: Opportunity Zone delays, single-family rents and more

New federal tax breaks available to real estate investors and developers under the Opportunity Zone program have already attracted billions of dollars from funds set up to utilize them. But the program’s complex, unfamiliar rules has also generated questions,

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This Week in Miami Real Estate: Lender acquisitions, office openings and more

Miami-based mortgage lender Movement Mortgage announced Jan. 9 that it planned to acquire several retail branches from Eagle Home Mortgage, the financing arm of Lennar Corp. Terms of the deal have not been fully disclosed, but HousingWire reports it

Miami Realtors host groundbreaking for cargo container concept home

The Miami Association of Realtors hosted a groundbreaking event Jan. 9 for a one-bedroom home in South Miami built from a metal shipping container, the first of its kind in the area and a prototype for what could be

Real Estate in Brief: Shutdown studies, interest rate insights and more

The partial shutdown of the federal government is entering its 20th day, and reports of its myriad ripple effects continue to surface. The latest bit of insight from the real estate industry is a Jan. 7 survey by the

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Miami suburbs see spike in renter population

Renting has long been more popular than homeownership in some areas, but it’s increasingly shifting from a strictly urban phenomenon to a suburban one. According to data analyzed by RENTCafé, a few Miami-area suburbs ranked near the top of

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Gary Keller returning to Keller Williams as CEO

In an email sent to associates late in the evening Jan. 8, Keller Williams Realty, Inc. announced co-founder Gary W. Keller would return to his role as CEO after having left that same post in 1995 and serving on

Century 21 CEO will step down in March

Century 21 CEO and president Nick Bailey announced this week that he will be leaving the company. The company’s chief growth officer, Michael Miedler, will be tapped for the role of chief executive and president. The transition to new leadership

Real Estate in Brief: Buyer confidence, nonstop flights and more

Economic news was decidedly mixed near the end of 2018, and that trend looks to continue for the housing market. Fannie Mae’s December Home Purchase Sentiment Index, released Jan. 7, adds to that feeling. According to surveys compiled for

Home tech in the spotlight at CES 2019

The long-running consumer tech trade show CES returns to Las Vegas once again this year, hosting some 180,000 people who come to see the latest technology of all kinds. While the four days of CES feature more than 4,500

Cover story: Housing & the economy

The start of a new calendar year is welcomed with parties, well-wishing and an eye toward new beginnings. But in the business and finance world, most people rang in 2019 fixated on endings. The business cycle, the bull market,

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