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News / Features

Miami Agents’ Choice Awards 2018 Finalists – Revealed!

The votes are in! Thank you to the many members of our real estate community, who submitted thousands of votes (over 4,300 total) and shared their enthusiasm for this year’s Agents’ Choice Awards. We’ve tallied up the votes and

This Week in Miami Real Estate: Miami migration, Realtor endorsements and more

Redfin reported Miami as one of the most attractive metros for Redfin users. Throughout July to September 2018, Redfin analyzed more than one million Redfin.com users searching for new homes across 75 metros. Miami came in No.6 with a

National Association of Realtors heads to Boston for 2018 Realtors Conference and Expo

The city of Boston is getting ready for the National Association of Realtors 2018 Realtors Conference and Expo, which will take place at the Boston Convention and Exhibition Center on November 2-5. More than 20,000 Realtors, experts and guests

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Realogy’s Corcoran, Climb to begin franchising deals

Real estate holding company Realogy has announced that it would begin selling franchise agreements for two of its brokerage brands, The Corcoran Group and Climb Real Estate. Corcoran is based in New York City and until now has primarily served markets

Pending home sales grow slightly in September, indicating stabilization

Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August. The National Association of Realtors reports that the pending home sales index rose 0.5 percent from 104.1 in August to 104.5

Real Estate in Brief: Salaries in US cities, patios gain popularity and more

The financial website How Much used data from the National Association of Realtors and mortgage-information website HSH.com to find the nation’s most expensive “average-sized” homes. The study found that the median U.S. household annual income rose nearly 2 percent

Saving for a down payment continues to delay US homeownership

It would take the average American seven years to save up enough to make a down payment on a typical home, according to Zillow’s latest report. This is longer compared to 20 years ago when it took the average

How much will rising rates cost homeowners?

Recent reports of a sluggish housing market have put at least some of the blame on rising interest rates. Over the last 12 months, the interest rate on a typical 30-year fixed-rate mortgage has increased by nearly one full

RE/MAX Advance Realty names new chief operating officer

Melanie De Armas was named the new chief operating officer at RE/MAX Advance Realty, the largest RE/MAX office in Miami. In her new role, De Armas will lead agency operations and direct the company’s financial and administrative functions. Throughout

Trustworthiness and quiet the most important qualities in a good neighbor

Having terrible neighbors can be an extremely negative experience for homeowners. Luckily, the vast majority of people currently believe that they have good neighbors. According to Realtor.com’s Good Neighbor Report, 77 percent of participants said they are satisfied with their

Real Estate in Brief: Market data, builder executives and more

Luxury Portfolio International‘s 2018 Global Luxury Real Estate report found that, globally, almost 40 percent of high-net-worth individuals will be looking to buy property but only 23 percent are willing to sell. With the imbalance of purchase intent, the market could experience

Zillow: Suburban home affordability rivaling urban levels in many markets

With home prices rising across the country, many buyers may think that moving out to the suburbs is the solution to finding a home that they can afford. However, suburban areas are now rivaling urban areas in affordability in

Study: Higher property values influence homeowner voter participation

A recent study from two members of Stanford University’s political science department finds a strong positive relationship between voter turnout rates and property values among homeowners. Along with a growing body of research around how homeowners vote, this could

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

This Week in Miami Real Estate: Miami Realtors in France, agent updates and more

Miami Realtors were invited to showcase South Florida real estate in Paris at the Salon National de L’Immobilier. From Oct. 12 – 14, Lynda Fernandez, senior vice president of public relations for Miami Realtors, and a team of four

Homeownership a higher priority for millennials than travel, marriage, children

Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent) getting married (50 percent) and

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