News / Features

Q1 Miami market recap: Price gains, slower sales

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

NY Fed: Don’t underestimate first-time buyers

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

Luxury condo market posts big price gains

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

This Week in Miami Real Estate: Breaking ground, setting records and more

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

Hispanics the only ethnic group with net growth in US homeownership

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

Real Estate in Brief: Mortgage reform, house flipping and more

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

Facebook: Marketing friend or foe?

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

Brazil leads $1 billion growth in foreign sales

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

Consumer confidence in housing market surges

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

Florida leads nation in job growth, construction hiring

In a strong sign for the local housing market and economy, new data from the U.S. Department of Labor showed Florida added the most employees of any state in February, the latest month for which state-level data were available.

Price cuts were the norm for Miami listings in Q1

Miami has been a boon for homebuyers lately, as more developers work to move new homes and condos off the market in the wake of a yearslong building boom. To make it happen, price cuts have become common across

Real Estate in Brief: Rent burden, global affordability and more

Freddie Mac: Florida metros among most rent-burdened Housing affordability is an issue that dominates discussions of local politics, but the data on the topic can be hard to interpret. Studies from multiple sources regularly rank U.S. cities according to

Helping buyers understand credit scores

Even though you’re in the trenches every day, buying a house is a big deal for your clients. It requires many involved steps and processes that can seem overwhelming to any buyer. And one of the more intimidating steps

Tax Day takeaways for your clients

April 15 this year marks the first Tax Day under the 2017 Tax Cuts and Jobs Act, one of the most significant overhauls of the federal tax code in decades. While Tax Day is the deadline for most Americans,

This Week in Miami Real Estate: Association innovation, green homes and more

Miami Realtors hires new Chief Innovation Officer The Miami Association of Realtors announced March 22 that it was bringing on Liz Sturrock, RCE, as its Chief Innovation Officer. Sturrock previously served as the vice president of information technology at

Cover story: New construction in Miami

Forget everything you thought you knew about Miami real estate, and the rest of Florida for that matter. With such rapid growth in just a few years, most of the state has undergone a transformation so broad that old

New Subscribe

  • This field is for validation purposes and should be left unchanged.