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How Miami ranks in sustainability development

It’s time America steps up its sustainability measures around the country, and a new report shows which cities are leading the way. The Sustainable Development Solutions Network released its second annual report on U.S. city sustainability, which looked at

New survey shows agents are using more mobile technology

Homebuyers want to see more technology use from their agents and a new report shows that Realtors are starting to implement more technology into their work day.  Realtors Property Resource found that 85.28 percent of Realtors used a mobile device,

Vacation home markets continue slow climb toward peak value

Vacation home markets are recovering slower than most from the housing market crash. According to a report from Zillow, markets with a high density of vacation homes are still 9 percent below their peak value before the crash. Meanwhile, areas

Nearly 7 million coastal homes at risk for hurricane damage in 2018

Nearly 7 million homes along the coast are at risk of hurricane storm damage this year, according to the 2018 CoreLogic Storm Surge Report. This could mean a $1.6 trillion potential reconstruction cost. A storm surge is defined by

Majority of Americans still planning to buy a home despite growing anxieties

Buying a home is a step in life most Americans plan on taking sooner or later, but a new survey shows more than half of Americans who plan on buying a home, or those who already bought one, have

Amazon is reportedly making the leap into the home insurance business

Amazon made the leap from tech company to construction and real estate, and now the company is rumored to be joining the insurance business, according to The Information. While no specific plans have been released for Amazon’s entrance into

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This Week in Miami Real Estate: All Aboard Brightline reaches Miami, a penthouse with diamonds and more

All Aboard Brightline has extended its service to MiamiCentral with a new station elevated 50 feet above street-level. Miami’s station along with two other stations were designed by Skidmore, Owings & Merrill (SOM) with the intention to “create new districts

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South Florida city ranked 10th most affordable beach town

A home with an ocean view is great, but an affordable home with an ocean view is even better. When it comes to oceanside real estate in South Florida, finding that affordable home can be difficult. Once again, Realtor.com

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Miami housing market is overvalued, new study says

The upward trend of home prices is hitting each city differently. With nationwide home prices rising 6.9 percent year over year from April 2017-18, many cities face overvalued housing markets. CoreLogic categorizes a market as overvalued if they see

Real Estate in Brief: Majority of loans made up by first-time buyers, home equity spike and more

Nearly half of all mortgages issued by Freddie Mac are made up by first-time homebuyers in the first quarter of 2018, according to an article from Bloomberg. With a median homebuying age of 32, first-time buyers are anxious to

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See which Florida suburb is the wealthiest in the state

Florida’s wealthiest town is Key Biscayne, and the race is not even close. 24/7 Wall St. broke down the wealthiest town in every state, and with Key Biscayne topping their list for Florida, the data is worth looking at.

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Household wealth at all-time high thanks to rising home values

American household wealth is the highest it has ever been at $101 trillion, according to the Federal Reserve 2018 Q1 release, an approximate $1 trillion increase from last quarter. Reports show that the significant increase in household wealth is

South Florida cities dominate list of most cost-burdened homebuyers

Homeowners are told not to spend more than 30 percent of their income on housing. But in many cities, that may be tough. Miami ranked no. 1 in a 2016 study determining the most cost-burdened city in the nation with

Birth rates fall fastest in appreciating areas

Contrary to typical trends, the number of births across the country are dropping despite appreciating housing markets, according to Zillow. Home values are appreciating the fastest they have in 12 years and are projected to rise another 6.5 percent

Miami ranked among the top 10 best large cities

Miami was ranked the eighth best large city in the United States, according to a recent study by Resonance Consultancy. The ranking is based upon six main categories: place, product, programming, people, prosperity and promotion, and analyzes 28 different

Millennials are spending less on weddings to buy a home sooner

As June is the peak homebuying month of the year in major metro real estate markets and the beginning of wedding season, trends relating the two have been discovered. Data from OpenListings.com found that couples are ultimately spending less

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