Read Today’s Top Story: Miami-Dade home sales increase again

News / Features

FHA to increase floor and ceiling loan limits in 2018

The Federal Housing Administration announced that it will raise loan limits in more than 3,000 counties nationwide in 2018. In total, 3,011 counties will have higher loan limits next year, up slightly from 2,948 counties in 2017 and a significant

This Week in Miami Real Estate: Affordable housing, trailer park transformation and more

Miami may be known for its high real estate costs, but a new project from Related Group will add some affordable housing to the city. Related Urban Development Group recently secured a $23.1 million construction loan for a mixed-income

Trulia: U.S. housing inventory down more than 10 percent

Tight inventory has nagged the U.S. housing market all year, but in the last quarter of 2017, the number of homes for sale plunged 10.5 percent year over year — the largest decrease since 2013, according to Trulia.  The

Mortgage delinquency dips to lowest rate in more than a decade

The number of past-due mortgage payments and of homes currently in some stage of foreclosure are the lowest they’ve been in 10 years, according to the monthly CoreLogic Loan Performance Insights Report. The report, which analyzes the health and

Agents not spared from effects of net neutrality repeal

The Federal Communications Commission vote on Thursday to repeal Obama-era net neutrality rules will have enormous consequences for the real estate industry, the National Association of Realtors said in reaction to the hotly contested move. Real estate agents and companies

FEMA warns of Hurricane Irma aid fraud

A number of federal agencies are teaming together to investigate possible fraud in applications for rental assistance or lodging reimbursement after Hurricane Irma, the Miami Herald reported. The Federal Emergency Management Administration and the U.S. Department of Homeland Security

Amazon Echo introduces Agent Neo, real estate matchmaking app

On top of playing your favorite music and giving you weather reports, Amazon’s Alexa is adding a new skill to her vast voice-activated repertoire — helping users buy and sell homes. Agent Neo, a new real estate app on

FHA to stop insuring mortgages with PACE loans

In a move the housing industry deems a victory, the U.S. Federal Housing Administration will no longer insure mortgages on homes that also carry liens by the Property Assessed Clean Energy program, PACE. When the Obama administration decided to

NAR seeks to impact tax reform

The National Association of Realtors (NAR) released a letter Tuesday asking Congress to make three critical changes to the tax reform bill. NAR President Elizabeth Mendenhall calls upon Congressional leaders to “retain current law on the capital gains exclusion for the

old-cutler-hammock-oaks-coral-gables-richest-neighborhoods-cnbc
‘The City Beautiful’ has eye on expansion

Coral Gable officials are nearing finalization of a deal to annex to unincorporated, 205-acre neighborhood of Little Gables, according to a new report from Miami New Times. Little Gables, which sits between Coral Gables and Miami, is home to

Minority homeownership lags in the United States

While homeownership continues to be a key part of the American Dream, minorities in the United States lag behind the rest of the country in homeownership rates. According to a new report from ABODO Apartments, a national apartment listing

Redfin: The average American home costs 18 bitcoins

Bitcoin, the first ever cryptocurrency to function independent of a bank or middleman, soared last month from $5,870.37 per coin on Nov. 12 to $16,650.01 on Dec. 12, a 183.6 percent jump. As of Dec. 21, its value was

Compass gains $450 million in real estate tech investment

Real estate tech company Compass announced it received a $450 million investment from Japanese company SoftBank Vision Fund on Dec. 7. This investment stands as the largest real estate technology investment in U.S. history and brings the total capital

New high-speed train could transform Florida cities

The U.S. is getting its first high-speed train that ultimately will stretch 235 miles from Orlando east to the coast and down to Miami — for a total travel time of three hours, NPR reported. Phase one of the $3

nar-generational-survey-2015-homes-purchase-townhouse-single-family-detached-commute
Fannie Mae: Housing sentiment nears all-time high in November

The Fannie Mae Home Purchase Sentiment Index (HPSI) grew to 87.8 in November, a 2.6 point increase from October, nearing September’s all-time high and marking a year-over-year increase of 6.6 points. Four of the six HPSI components increased. The

Short-term extension approved for National Flood Insurance Program

Congress approved a short-term extension for the National Flood Insurance Program (NFIP), which was included in a temporary federal government funding deal made Dec. 7. The extension ensures the program will operate as normal through Dec. 22. Its future, though,

New Subscribe

  • This field is for validation purposes and should be left unchanged.