News / Features

Zillow: Suburban home affordability rivaling urban levels in many markets

With home prices rising across the country, many buyers may think that moving out to the suburbs is the solution to finding a home that they can afford. However, suburban areas are now rivaling urban areas in affordability in

Study: Higher property values influence homeowner voter participation

A recent study from two members of Stanford University’s political science department finds a strong positive relationship between voter turnout rates and property values among homeowners. Along with a growing body of research around how homeowners vote, this could

Home prices continue to rise while existing home sales slow, inventory tightens

Existing home sales declined to their lowest level since November 2015, according to the September National Association of Realtors existing home sales report. Existing home sales dropped to 5.15 million in September, a 3.4 percent drop from August and

This Week in Miami Real Estate: Miami Realtors in France, agent updates and more

Miami Realtors were invited to showcase South Florida real estate in Paris at the Salon National de L’Immobilier. From Oct. 12 – 14, Lynda Fernandez, senior vice president of public relations for Miami Realtors, and a team of four

Homeownership a higher priority for millennials than travel, marriage, children

Homeownership is the biggest priority for millennials, according to the latest Bank of America Insights Report. A little over 70 percent of those surveyed said homeownership is their top priority, outranking traveling (61 percent) getting married (50 percent) and

Real Estate in Brief: Sight-unseen offers decrease, Zillow names new head of federal government relations and more

Fewer homebuyers are making sight-unseen purchases, according to Redfin. In a recent survey, only 20 percent of recent homebuyers made an offer sight-unseen compared to the 35 percent in 2017. In May, Redfin analysts noticed sight-unseen offers returned to

Coldwell Banker’s Team JK joins Compass

Compass Florida has announced the addition of Team JK to their Fort Lauderdale office. Principal, Broker Associate of Team JK, and award-winning real estate professional Jonathan Keith will continue to lead the 17 agent team functioning out of Compass’

Miami leads the US in foreign-born homeownership rate

The United States currently has the highest percentage of immigrants since 1910 with 13.7 percent of the population being foreign-born. This has led to economic growth from 2011 to 2016 that accounted for much of the nation’s post-recession growth

Proposed amendments on Florida ballot impact homeowners

In Florida and throughout the nation, voters heading to the polls on or before Nov. 6 will be voting in one of the most anticipated midterm elections in recent memory. Races for governor, senator and other offices promise to

Real Estate in Brief: Americans still want their dream home, foreclosure rates shrink and more

Americans are fixated on owning their dream homes despite the current housing market trends, a new survey from the PenFed Credit Union National Mortgage Survey revealed. Over the next two years 37 percent of adults and 52 percent of

Zillow: Younger Americans more likely to use money for down payment over renovations

Two-thirds of homeowners would prefer to renovate their current home rather than make a down payment on a new one, according to a new report from Zillow. Overall, it seems that homeowners are happy with their current homes, with

Rising home values can help homeowners, but it may cost them

Thanks to rising home values, more American homeowners are looking to tap into home equity that continues to grow, according to a recent survey conducted by Bankrate.com and research firm GfK f. But even though leveraging home equity into

This week in Miami real estate: Second homes, high-rises and more

Second vacation homes can provide you with more than just luxury, but profit too if you know where to buy from. Realtor.com compiled a list of the top 10 most profitable markets for vacation homes, ranking the markets where sellers are making the largest profits.  Two Florida cities ranked on Realtor.com’s list, with

Award-winning luxury agent Barbara Estela joins ONE Sotheby’s International Realty

ONE Sotheby’s International Realty announced luxury agent Barbara Estela as their newest addition to their Coral Gables office firm as a global real estate advisor. Working within Miami’s most exclusive zip codes, Estella brings over a decade’s worth of expertise to the ONE team.   “We are thrilled

Real Estate in Brief: Zillow lawsuit tossed, Trump tax evasion and more

After almost five years of record-low inventory and record-high prices, prospective homebuyers are finally experiencing some relief. Realtor.com released their September housing report which revealed that new listings to the housing market saw an 8 percent increase over this time last year. With 465,000

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