News / Features
Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May
The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and
More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied
Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in
The nation experienced a certain shift in age distributions over the last decade. With baby boomers moving on to retirement, millennials and Gen Xers began to make up the bulk of the working population. To determine where the different
Redfin’s direct home-buying program, Redfin Now, is no longer in testing phase. Redfin recently announced that it has doubled down, making direct home-buying its long-term business plan. Redfin Now buys and lists homes, making an offer to the homeowner
My Florida Regional MLS (MFRMLS) announced its Matrix multiple listing service will become the first in the U.S. to offer a Spanish language option, according to an Aug. 13 press release. With this, the state’s largest MLS by member
Millennials want to buy a home, but they continue to view homeownership as unattainable amid rapidly increasing prices and increasingly limited inventory across the market, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for June 2018.
For those under the age of 24, a career in construction is a rare goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do not receive a college education.
As the homebuying season reaches its peak for the year, sales in the luxury market continued to grow at a record pace in July. Prices in 19 major luxury markets saw double digit growth, according to the realtor.com 2018
The Miami Beach City Commission’s Finance Committee agreed on a new plan for redeveloping the Old South Shore Hospital. RE Miami Beach reported the committee and stakeholders agreed on plans for a 44-story tower on the site of the
A recent Realtor.com survey of more than 1,000 new homeowners concludes that pet ownership plays a vital role in selecting a home. Most pet owners consider their furry, feathered, or scaly friends as family, but 75 percent of pet-owning buyers
The dynamics of the U.S. workforce and the housing market are intricately entwined. Local employment trends have significant implications for a city’s real estate market, not to mention the economic competition between states and metro areas that’s always evolving.
Economic growth often leads to increased home values, but why are some cities overwhelmingly surpassing others? A new report from Zillow finds zoning restrictions seem to have an impact on growing home values. From Zillow’s data, the medium and
Keller Williams added a new member to the KW Miami Beach market center. After nearly 21 years as a real estate agent, Kasia Weszczak is joining the KW realty team. Weszczak previously worked for Carson Realty and Douglas Elliman before
Despite the high amounts of debt that plague many millennials, home ownership is still at the top of their priority list. For them, achieving the American Dream means buying a home early, even if that means dipping into retirement
