News / Features

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How Miami-area demographics are changing

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 doubles down on direct buying program

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

Florida MLS becomes first to offer Spanish option

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

Real Estate in Brief: Millennials worry about prices, Spruce raises $15.6 million and more

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.

Construction industry job openings reach post-recession high

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.

Luxury market sees record growth in July

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

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This Week in Miami Real Estate: Hospital redevelopment, luxury markets and more

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

Buyers will choose pets over dream home

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

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Where jobs, and homeowners, are moving across the US

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.

Strict land-use regulations bring highest home values

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

Kasia Weszczak joins Keller Williams Miami Beach

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

Many millennials are prioritizing homeownership over retirement, debt payoff

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

NAR: Metro home prices reach record high in Q2

The national median home price for existing single-family homes reached an all-time high, edging up to $269,000, 5.3 percent higher than the second quarter of 2017, according to the latest quarterly report by the National Association of Realtors. As

Miami home, condo prices still below pre-recession peak

The Miami Association of Realtors reported that median home prices are still lower than they were at their peak in 2007. The median single-family home price prior to the recession was $380,000 and is now just $335,000. As for

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Real estate no longer Americans’ top investment choice

Choosing how to invest savings can be a nerve-racking and difficult decision. For years, investing in real estate has been a popular choice for a lot of Americans, but a new survey found that’s no longer the case.  In

Survey: Homebuying among the most stressful life events

Source: homes.com Purchasing a home is meant to be a joyful accomplishment, but many Americans find it more stressful than any other major life event. A new survey from Homes.com found that nearly 40 percent of Americans said purchasing

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