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‘Wall Street South’? New York financiers decamping to Miami in droves, report says

South Florida developers and real estate professionals have capitalized on the federal tax reforms that hurt high tax states like New York and Connecticut by pitching Miami as an attractive, low-tax alternative. The work appears to be paying off,

Majority of Florida homeowners are not prepared for hurricane impact

More than half of Florida homeowners do little to nothing to prepare their property for the impact of hurricanes. A survey by door maker Origin Global indicates that less than one in seven homeowners installed the correct doors to

Downtown Miami has more residents than ever. Here’s what you need to know.

The population of Downtown Miami is exploding, with officials estimating the number of people living downtown has grown by 38 percent since 2010. But it’s not just that the number of Downtown dwellers is rising: the demographics of the

Mortgage giants want to help ‘gig economy’ workers qualify for home loans

Millennials are finally aging into homebuying, which is one of the reasons why the housing industry is seeing strong sales growth throughout the country. But millennials are also more prone to be members of the “gig economy,” and that

The top neighborhood vibes homebuyers are looking for

Contrary to previous homebuying beliefs, choosing where to live is more than simply choosing the perfect location. According to a recent Ally Homes survey, 88 percent of Americans said that the vibe of a neighborhood is a very important

South Florida real estate mogul Jeff Greene to run for governor

Jeff Greene, the 63-year-old developer based in Palm Springs, filed campaign papers Friday as he prepares to run for governor as a Democrat, according to reports.  This will be his second time running for office, after an unsuccessful run

Real Estate in Brief: Zillow begins Premier Agent program changes, enhanced reverse mortgages available and more

Zillow has just begun the changes to its Premier Agent program after announcing them back in April. Zillow will now have its own representatives screening incoming calls regarding leads. Previously, the process of purchasing leads had its downfalls, including

What factors might be threatening the Fair Housing Act?

When the Fair Housing Act was passed on April 11, 1968, the goal was to both eliminate housing discrimination as well as encourage residential integration. While some progress has been made over the past 50 years, there is still

Cover story: The Fair Housing Act at 50

Before the federal Fair Housing Act could be signed into law on April 11, 1968, political compromises to ensure its passage in the Senate significantly reduced the impact of the legislation. The change eliminated the government’s ability to bring

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This Week in Miami Real Estate: Halt in luxury condos, haunted mansions and more

A large amount of luxury condos have been built around Miami, causing a severe glut of inventory for those products. But a stop or pause in such projects might help the problem. According to The Real Deal, cancelled Miami

Active-service homeowners buy sooner than non-military buyers

A recent study by the National Association of Realtors found that there are significant differences between active-service and veteran home buyers and sellers compared to those who have never served. Active-service military members are the youngest group by far

Underwater mortgage rate falls below 10 percent

For the first time since the housing market fell, the share of homeowners who are underwater on their mortgage fell below 10 percent, according to Zillow 2017 Q4 Negative Equity Report. Just 9.1 percent of homeowners owe more than

The outdoor remodeling projects that produce the highest resale value

An outdoor remodeling project is one way homeowners can increase the value of their property, but the return on those projects can vary, according to the National Association of Realtors and National Association of Landscape Professionals’ 2018 Remodeling Report:

Miami has 12 acres of vacant downtown land. Here’s what residents want built.

Miami has a seen an influx of new residents and a healthy amount of development in its central business district. But is it the type of development residents want? A new study by Commercial Café shows that Miami has

Real Estate in Brief: Zillow’s first home purchase, political shifts and more

Zillow Group purchased its first home as a part of the Instant Offers program expansion. The purchase marks Zillow’s transition from its role as a real estate media company to a company that partakes in the direct buying and

How Miami’s real estate market ranks among the top 20 HQ2 city finalists

If Miami were chosen to be the home of Amazon’s HQ2, the demand for housing would skyrocket. Along with the 50,000 jobs that the new headquarters would bring to the city, home prices would increase significantly as people from around

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