News / Features
Last Thursday, the U.S. Senate granted the National Flood Insurance Program another six-month extension while the House of Representatives granted the same program an extension of seven days. “NAR is relieved that authorization of the National Flood Insurance Program
On average, American workers aren’t in love with their jobs. In a survey released prior to Labor Day this year, researchers from The Conference Board estimated that barely half of U.S. employees (51 percent) are actually satisfied with their job
Managing brokers are like the backbone of the real estate industry. They provide support for their associates and help them stand on their own through training and career development. As leaders, managing brokers must consider the big picture as
Famous for its denim, the Italian retail clothing company Diesel hopes to make its name in real estate as well. The company announced Nov. 29 that it has partnered with Bel Invest Group, an international real estate investment company based
The condo association representing residents of The Regalia in Sunny Isles Beach is suing the tower’s developer, general contractor and “more than a dozen other companies,” The Real Deal Miami reported. The suit filed recently in Miami-Dade Circuit Court
While California and the Northeast continue to hold most of the top spots in a ranking of the most expensive ZIP codes, this Miami Beach neighborhood edged out 90 others. The 33109 ZIP code comprising Fisher Island, among the most
The latest report on pending home sales recorded in October, released today by the National Association of Realtors, showed more signs of a short-term slowdown. NAR’s pending home sales index declined by 2.6 percent last month compared to September,
Nearly one third of homes for sale experienced a price drop of more than 1 percent this October, according to report by real estate brokerage Redfin. The report foreshadowed a market cooldown, finding October’s decline in home prices to be the largest
A preliminary measure to introduce an innovative, though limited, inclusionary zoning policy in downtown Miami received unanimous approval from members of the City Commission in a Nov. 15 vote, the Miami Herald reported. That pushes forward a measure that,
The Federal Housing Finance Agency, which oversees the federally owned mortgage corporations Fannie Mae and Freddie Mac, announced Nov. 27 it will increase its conforming loan limits for the third consecutive year in 2019. After not changing the limits
Independent mortgage lender Guaranteed Rate announced Nov. 27 that it would expand its presence in Hawaii with the acquisition of assets and staff from local lenders including Honolulu HomeLoans (HHL) and Hawaii Lending Alliance (HLA). The company said it
One of the largest residential real estate brokerages in the U.S., Berkshire Hathaway HomeServices, will open more international franchise locations throughout Europe and the Middle East. According to Bloomberg News, BHHS will partner with London franchisee Kay & Co.
The latest reading of the U.S. housing market — the S&P CoreLogic Case-Shiller Home Price Index for Sept. 2018 — showed yet another sign of sluggish price growth. S&P’s key 20-city composite index showed that home prices in the
A joint proposal by three federal agencies released Nov. 20 could speed up an estimated 40 percent of residential real estate transactions in the U.S. by changing requirements surrounding appraisals. Under the proposed rules, certain residential real estate transactions
There is a growing trend throughout several markets involving property listings that don’t appear on that market’s multiple listing system. The idea around private listings, or pocket listings, office exclusives or a number of other names, has been known
Kurz Real Estate announced Nov. 20 that Andrew K. Becerra, Jr. will join its team of nearly 100 agents serving the South Florida market. Becerra comes to Kurz from the Miami Luxury Homes Group at Douglas Elliman. “After almost
