News / Features
The U.S. economy grew at its fastest pace in four years during the second quarter of 2018, a reflection of low unemployment and greater willingness among consumers and businesses to spend and invest. According to the latest economic forecast
The National Association of Realtors launched a new initiative focused on improving the financial wellbeing of its 1.2 million members. Last week, NAR unveiled its online Center for Realtor Financial Wellness, a website that includes a number of tools
The latest release of new home sales numbers from the U.S. Census Bureau and the Department of Housing and Urban Development reported the number of new homes sold in July fell 1.7 percent from the previous month, marking the
Miami developer Related Group has completed the second of four towers in what is its largest planned development to date. Paraiso’s Bayviews tower at 501 NE 31st Street in Edgewater, and the 46-story tower includes 384 move-in-ready condo units,
The latest home and condo sales data from Florida Realtors shows resilience throughout the state’s housing market as well as in the Miami metro area. Statewide, home prices continued to grow at an annual rate of 6.3 percent in
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady
More home sellers are resorting to price cuts as interest from buyers wanes nationwide. A recent report from Zillow found that starting in June, 14 percent of current home listings reduced their asking prices. While that rate has remained
Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced
Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates
The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from
Compass announced today that it will be expanding its nationwide brokerage to Atlanta. The company’s first area brokerage will be led by Jim Getzinger and Jere Metcalf, previously of Atlanta Fine Homes Sotheby’s International Realty, along with Jason Wieloch, previously
In a survey of 500 South Florida residents, investment brokerage Charles Schwab compared local opinions on wealth and personal financial management with the national average. Among the survey’s findings, South Florida locals said that it would take a net
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
