News / Features
It’s been a good week for proponents of mass transit in the Miami area. On Jan. 24, the Miami Herald reported that Miami-Dade County officials had signed off on revisions to local zoning rules that would effectively allow more
There are signs that Chinese investors have begun significantly curtailing their exposure to U.S. real estate, partially in response to fraying relations between the two nations. According to data from Real Capital Analytics reported by the Wall Street Journal
Federal Reserve Chairman Jerome Powell sent the strongest signals yet that the central bank would hold off on raising the key federal funds rate, implying that consumer interest rates like those on home loans may not rise much higher
The White House has made a strong push in recent months for reform at Fannie Mae and Freddie Mac, two government-sponsored enterprises that work to stabilize the U.S. mortgage market. However, the administration’s plans for how exactly it would
Florida posted one of the highest rates of job creation in the U.S. for 2018, helping lift the entire southern region to the top regional rate of job growth. According to the Bureau of Labor Statistics, the Sunshine State’s
In areas like Brickell and the city’s central business district, a flood of gleaming new skyscrapers have helped attract more residents to Miami’s urban core. A report from the Miami Downtown Development Authority released this week confirms that major
While the broader U.S. financial market has struggled to recover from a sudden drop in stock prices near the end of 2018, shares of major homebuilders have made big gains. The Wall Street Journal reported that since the start
While December home sales locally and nationally failed to meet expectations, certain sectors of the Miami housing market still saw growth in what was otherwise a dull finish to the year. According to data from the Miami Association of
The residential property market continues to look better for prospective buyers as the trend of falling prices extends into the new construction segment. In the fourth quarter of 2018, according to data from Zillow, more than a quarter of
Homebuilders today are finding their business prospects increasingly pressured by higher costs for materials and skilled labor. Those costs — and financial strain — inevitably trickle down to real estate developers, homebuyers themselves and even the real estate agents
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
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
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
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
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
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
