News / Features
As home prices continue to grow across the country, the ability to own a home can become out of reach for many. According to a new report by RENTCafe, the amount of homeowning families with children decreased by nearly
At just over 64 percent, the national homeownership rate among U.S. adults remains stubbornly low. For young adults between the ages of 25 and 34, the rate is even lower than it was less than a generation ago, but
The consensus among mortgage industry leaders heading into 2018 was that interest rates would rise. The Mortgage Bankers Association predicted that interest rates could hit 5 percent by the end of the year. And while mortgage interest rates have
Startup hotbeds like San Jose are seeing higher shares of million-dollar home values than the rest of the country, while rust belt cities seem to be lagging behind. LendingTree collected data from over 150 million U.S. homes and ranked
The Coconut Grove home of late conservationist, women’s suffrage activist and author Marjory Stoneman Douglas is considered a National Historic Landmark, but its future may be in jeopardy. The Miami New Times reported that the home made it onto
Online home value estimates continue to shake up the industry, and they are only going to have a bigger role in the homebuying and selling process as technology improves. Though these tools might cause headaches for agents, it’s clear
Reflecting a nationwide trend, Miami home prices jumped significantly in May even as closed sales and the number of new listings had an uneven month. Median sales price for single-family homes and condominiums in Miami-Dade both increased in May,
The burden of rising mortgage rates has become a reality for many homeowners in recent years as buying a home is the least affordable it’s been in over a decade, according to a report from Zillow. Both rising mortgage rates
Home prices saw their highest jump in years and show no signs of slowing down, according to the Home Price Index and HPI Forecast for May 2018 from CoreLogic. CoreLogic reported a 7.1 percent year-over-year rise in home prices from May
In recent years, baby boomers are accounting for a smaller portion of the homeowning population, currently just 25 percent, and a new report finds that they typically prefer not to take advantage of the technology available to streamline the
Compass announced the building of a new office in Naples. According to a press release, Gary Nolan will lead the team as the sales manager. Nolan previously served as the vice president of Sanders and Associates in the Hamptons.
The city of Miami Gardens, part of Miami-Dade County, lost a lawsuit filed against Wells Fargo alleging the bank discriminated against mortgage borrowers because of their race. U.S. District Judge Federico Moreno dismissed Miami Gardens’ claims against Wells Fargo
A nationwide total of 850,000 single-family home starts last year will still not be enough to aide the housing shortage crisis across the country as demand continues to increase. To make matters worse, materials are getting more expensive, making
A new study by Redfin indicates that despite rising mortgage rates, soon-to-be buyers are still in the market, even if it means making some compromises. Last month, Redfin conducted a survey of more than 4,000 people who bought or
Millennials have begun to monopolize the home-owning population, and as a result, cities across the country are transforming into some of the hottest luxury markets for the first time. The Institute for Luxury Home Marketing just released their latest
Since 2001, 67 people in Miami-Dade County became millionaires by selling their home. Investing in real estate has been considered one surefire way to become a millionaire, specifically purchasing a home then selling it later for a higher cost.
