News / Features

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

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‘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

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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,

This Week in Miami Real Estate: New city park, super-tall towers and more

With little room for horizontal footprints in Miami, developers are almost literally reaching for the stars, with several planning on towers that would be among the tallest in the city. Property Markets Group recently filed plans for a 1,036-foot

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Top five home perks buyers will not give up

With home prices skyrocketing and inventory in high demand, it’s not surprising that homebuyers have started sacrificing some of their most desired amenities in the name of finding an affordable home. In the current market, buyers are willing to

Fannie Mae: Gig economy workers hope to buy houses, but not in near future

We see evidence of it everywhere — big pink mustaches on car dashboards, round black “U” stickers slapped on the back of car windows and friends allowing out-of-towners to rent rooms in their homes for a modest price. The

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Forecast: 2018 market to favor buyers

Inventory, the Achilles’ heel of the 2017 housing market, is expected to loosen up in 2018, providing relief for buyers who were edged out of the market this year, according to the realtor.com 2018 Housing Forecast. The report expects

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