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Real Estate in Brief: FTC website crackdown, Zillow lawsuit and more

According to HousingWire, the Federal Trade Commission (FTC) cracked down on a string of real estate websites allegedly targeting Section 8 renters, charging a weekly subscription fee for false rental listings. The FTC alleges that brothers and company owners Steven and Kevin (Kaveh) Shayan operated a set of

Florida Realtors PAC announces general election endorsements

The political action committee of the Florida Realtors Association released a list of candidates it is endorsing ahead of the Nov. 6 midterm elections. The endorsements cover a number of statewide races as well as state congressional districts. Like

LGBT+ couples are showing a stronger desire to purchase homes

Although housing discrimination continues to be an issue for many in the LGBT+ community, more LGBT+ couples are buying homes. The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) put out its annual report looking at LGBT+

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This Week in Miami Real Estate: Coral Gables groundbreaking, record-breaking penthouse sale and more

The largest real estate development project ever planned in Coral Gables broke ground Sept. 20. The Plaza at Coral Gables, located at 2801, 2901 and 3001 Ponce De Leon Blvd., will span seven acres and feature 174 rental units,

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William Raveis partners with Fite Group in Palm Beach

William Raveis Real Estate announced Sept. 18 it would bring on The Fite Group Luxury Homes in Palm Beach to further its presence in the South Florida market. The Fite Group will assume the William Raveis brand across its

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Miami single-family, condo sales strong in August

The latest data on home and condo sales from the Florida Realtors showed both categories of residential units posting strong gains in August. Single-family sales in the Miami metro area (including Fort Lauderdale and West Palm Beach) grew by

Existing-home sales steady in August after months of declines

After four months of declines, existing-home sales stayed steady in August from July, according to the National Association of Realtors’ monthly report. “Strong gains in the Northeast and a moderate uptick in the Midwest helped to balance out any

Homebuyers purchase second vacation homes for profit over personal use

Over the past decade, the market for second homes and online travel operations has transformed significantly. A survey by real estate adviser Savills and HomeAway found that recent buyers are prioritizing the purchasing of second vacation homes for financial benefits rather than

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Colombia drives online international real estate searches in Miami

The MIAMI Association of Realtors announced its June 2018 list of international online searches for Miami homes on its portal,  MiamiRealtors.com.   The report found that Colombia was the No. 1 contributor to the total number of international web searches for Miami listings, making up 12 percent of all international

New construction activity finally climbs in August

The U.S. Census Bureau’s monthly New Residential Construction report showed builders broke ground on new homes and apartment buildings at a much higher rate in August compared to the prior month or last August. Housing starts grew by 9.2

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NAHB: Permits and confidence grow, but tariff trouble looms

The latest survey of U.S. homebuilders by the National Association of Home Builders finds that confidence within the industry remains generally high despite some persistent headwinds. The NAHB/Wells Fargo Housing Market Index (HMI) for September remained unchanged from the

Possible poisoning attempt of South Florida agent highlights open house safety

Local Realtor association chapters in South Florida are calling attention to safety precautions for real estate agents after an incident at an open house earlier this month. According to an email sent to members of the Miami Association of

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2 Miami ZIP codes make top 10 trending millennial ZIP codes in Florida

As millennials are expected to become the largest generation in history, it is no surprise the population’s location dynamic has been shifting. With millennials making up most of the labor force, millennials are following jobs that are relocating to

Coldwell Banker Real Estate announces new chief operating officer

Liz Gehringer, tenured senior vice president and chief ethics and compliance officer of Realogy Holdings Corp., was named the new chief operating officer for Coldwell Banker Real Estate LLC. Gehringer will be working under Coldwell Banker president and CEO, Charlie Young, while overseeing the brand’s field

Real Estate in Brief: Hurricane Florence threatens 750,000 homes

Hurricane Florence made landfall in North Carolina last Thursday. With three states in Florence’s sights, new data from Core Logic shows 758,657 homes in North Carolina, South Carolina and Virginia are at risk of being flooded. While Florence has

This Week in Miami Real Estate: Realtor safety, Miami Beach resilience and more

The Miami Association of Realtors issued a notice to its email subscribers Sept. 13 warning them of an incident at an open house in Jupiter, Florida, that amplified the issue of safety among real estate agents. According to the

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