News / Features

Real Estate in Brief: Lobbyist spending, housing market improvement and more

The amount of third quarter spending on lobbyist is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately $30

Florida home sales to foreign buyers total $23 billion this year

Florida maintains its hold over the international market in 2018, as the Sunshine State continues its reign as the top destination for foreign consumers purchasing U.S. residential real estate. Meanwhile, Miami’s housing market is by far the state’s top performer in terms of international sales. The Florida Realtors’

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus.  According to the 2018 survey, one in three respondents, specifically millennials, were willing

ONE Sotheby’s acquires affiliate Nestler Poletto

ONE Sotheby’s International Realty announced the addition of affiliate brokerage Nestler Poletto Sotheby’s International Realty to their team, extending the firm’s presence into the Delray Beach and Boca Raton markets.   According to a press release from ONE Sotheby’s, the NPSIR’s 80 agent firm will be added to ONE

Real Estate in Brief: Opendoor’s bonus credit, hidden doorways gaining popularity, and more

The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Pheonix and Dallas- Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own.

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

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