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Recent college graduates are living at home more often

Today’s graduates are more likely to be living with their parents than graduates from the previous decade. According to Zillow’s analysis of 2016 Census data, 28 percent of recent graduates live with their parents — up from 19 percent

Agents using Google Maps on their websites could have to pay

Agents and brokers who are embedding Google Maps into their listings will now have to pay to do so. The Google Maps application programing interface (API) allows agents and brokers to embed maps into listings on their websites. This

Hurdlr targets the real estate world with new focus

Hurdlr, a Washington, D.C.-based startup that helps freelancers monitor expenses, taxes and other back end personal business needs, recently announced a new focus on the real estate industry. It will provide agents with goal-setting features paired with its original income-tracking

Real Estate in Brief: Underwater properties down, the most popular remodeling projects and more

As of the first quarter of the year, over 5 million properties were underwater with a mortgage at least 25 percent more than the property’s estimated market value.  The 5.2 million properties account for 9.5 percent of all U.S. properties

Miami single-family home inventory increased in March

Despite a nationwide inventory crisis that is hampering the housing market, Miami has actually seen increases in single-family homes for sale, according to the Miami Association of Realtors. Inventory of single-family homes increased 2.5 percent in March of this

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South Florida cities among the top 100 safest

Florida has three of the 100 safest communities in the country, and two Miami-area cities have cracked the top 20, according to this year’s  NeighborhoodScout list of Top 100 Safest Cities report.  To create its list, NeighborhoodScout compares cities across the

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This Week in Miami Real Estate: Smart towers, the best places to be an agent and more

The list of the best places to be a real estate agent in 2018 was recently released, and Miami did not fare so well. Miami came in 117th place out of 179 cities, according to WalletHub’s rankings. The rankings cite

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Lack of new single-family homes to throw wrench in buying season

Homebuyers hoping to own a new home by summer may have to be more patient, according to a recent report by realtor.com. The seasonally adjusted numbers in the latest residential sales report released by the U.S. Census Bureau and U.S. Department of

Miami single-family luxury sales take off in March

Total home sales continue to decline in Miami, but one portion of the market has seen double-digit gains in sales volume: luxury single family homes. Home sales at $1 million or more increased by 10 percent in March versus

5 reasons why mortgage applications are denied

When entering the market for the first time, many homebuyers are unsure of what exactly is needed to qualify for a mortgage, leading to their application being rejected. A new report by LendingTree looked at over 10 million mortgage applications

Farmhouse features are the most profitable trend in starter homes

Starter homes with farmhouse-inspired features and craftsman designs are demanding the highest sales premiums, according to RealEstate.com. In the study, RealEstate.com analyzed the listing descriptions of millions of entry-level homes (homes at the bottom third of the market) to

ERA announces association with Infinity International

On May 1, ERA Real Estate announced their affiliation with Infinity International, a real estate agency based in Fort Lauderdale. Infinity, founded by Tom Stravecky, will now be ERA Infinity Properties. “ERA Infinity Properties shares our belief that technology,

Gay and Lesbian real estate group requests NAR support of anti-discrimination bills

The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP) has announced their support for two Congressional bills aimed to combat housing discrimination based on sexual orientation and gender identity. Congressmen David Cicilline (D-RI), co-chair of the Congressional

Miami’s number of ‘super commuters’ explodes

Residents of modest means increasingly can’t afford to live in major urban centers, and the result is taking a toll on our highways and commutes. As more people seek cheaper housing away from inner cities, the number of “super

Homeownership continues to trend upward

The homeownership rate in the U.S. is trending upward, retaining the same 64.2 percent rate in the first quarter of 2018 as the last quarter of 2017, according to the Census Bureau’s Housing Vacancy Survey (HVS). The current rate

Real Estate in Brief: Housing inventory at record low, Compass and Freddie Mac announce new hires and more

Housing inventory is at a historic low, with nearly 9 percent fewer homes on the market than last year, according to the latest report from Zillow. Over half of the homes available are on the expensive end of the

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