News / Features

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Congress passes Dodd-Frank reform bill

The House of Representatives passed the first major rollback of the 2010 Dodd-Frank Act on May 21. After passing the Senate back in March, the bill is now ready for President Donald Trump to sign. Several Democrats crossed the

Townhouse construction up 7 percent so far in 2018

Townhouse construction continues to increase over the last four quarters. A total of 105,000 townhouse starts were accounted for, bringing a 7 percent increase into the first quarter of the year. Although starts were up during the previous four

Real Estate in Brief: Luxury car brands open residential buildings, Coral Gables named best neighborhood and more

Luxury brands such as Porsche, Pininfarina and Aston Martin are venturing out of the car business into designing residential towers in Miami. Porsche opened a 132-unit German tower on Sunny Isles Beach in 2017. Each apartment in the building

Zillow: Monetary policy is the most likely cause of the next recession

The most recent quarterly survey by Zillow suggests that the U.S. will likely experience another recession come 2020. Pulsenomics LLC conducted a survey that asked more than 100 real estate experts and economists about their predictions for the housing

Study: Housing market achieves better balance between buyer, sellers

After two years, the difference between what buyers are looking for and sellers are providing is coming closer together, bringing the market mismatch closer to a match. Market mismatch can be defined as the measure of the price gap

Real Estate in Brief: Zillow lawsuit dropped, home flipping on the rise and more

A class-action lawsuit that charged Zillow with deceptive business practices designed to mislead consumers has been dropped. A Federal district court has dismissed the lawsuit last week. The lawsuit claims that Zestimates, Zillow’s algorithm-based property estimate tool, are commonly inaccurate as

Record-breaking Miami Beach penthouse sells at $26 million

Miami’s most-sought-after penthouse located in the South of Fifth neighborhood sold for $26 million on May 11. The sale at 321 Ocean Dr. — a luxury residential development from Aria Development Group — is the highest priced residential transaction in

4 highlights from the Realtors Legislative Meetings & Trade Expo

The annual Realtors Legislative Meetings & Trade Expo took place last week in Washington D.C. and covered a variety of topics impacting the real estate industry. Couldn’t make it to D.C. for the event? We share some of the

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Survey shows homebuyers want more technology use from agents

A new owners.com survey found that homebuyers are looking for their real estate agents to use more tech-based tools. The survey sampled over 1,000 homeowners, which they define as “those who purchased a home within the last four years”

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Miami has some of the best high schools in Florida

The majority of Florida’s best high schools are in the Miami area, according to the 2018 U.S. News & World Report Best High Schools rankings. The state’s No. 1 ranked school is Pine View High School in Osprey, which

Homeowners expected to spend tax returns on larger homes

With the latest tax plan that is expected to give Americans a larger tax return, many plan to spend their tax cuts on larger houses and home renovations in 2018, according to a new report from Zillow. Zillow estimates

NAR: Home sales expected to increase in 2018 despite housing shortage

Home sales across America are expected to continue rising throughout 2018 thanks to the nation’s stronger economy. The National Association of Realtors’ Chief Economist Lawrence Yun predicted the increase in sales during his 2018 mid year forecast. According to

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Miami’s single-family luxury market is soaring

The luxury market in Miami has gotten off to a strong start this year as sales volume and prices for luxury homes have both increased. Total luxury homes sales climbed by 12 percent in the first quarter of 2018,

This Week in Miami Real Estate: Controversial road raising, Trump boys buy local home and more

Miami Beach is one of the South Florida communities most vulnerable to rising sea levels, but a plan to address the impact of climate change was nixed by city officials. The Miami Beach City Commission voted against a plan

Homebuyers with lower credit scores pay nearly $21,000 more in mortgage costs

Determining how much they could spend on a home was the most frequently named financing concern among a third of all U.S. buyers during the home buying process. A major factor in what a homebuyer can afford is their

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Miami area has the least safe Florida cities for pedestrians, study says

Florida had the highest rate of pedestrian fatalities in 2016, and many of the areas that are most dangerous to pedestrians are in south Florida, according to a new report. Kelley Uustal, A Fort Lauderdale law firm, partnered with

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