News / Features
The Federal Housing Administration revealed its plans on Feb. 22 to broaden foreclosure relief for the victims of 2017’s natural disasters. The move would affect all FHA-insured homeowners in areas affected by Hurricanes Harvey, Irma and Maria, as well as
Abode, a new free digital platform that aims to make the homebuying and selling process easier for both consumers and real estate agents, was launched in 2017 by tech entrepreneurs Kyle Stoner and Carson Junginger. “People often describe buying
National home values are rising at their slowest pace since November 2016, according to the most recent Zillow Real Estate Market Report. Home values increased 6.7 percent last year to a median home value of $207,600, marking the slowest pace
Lennar recently broke ground on a new community in Royal Palm Beach with a unique feature: every one of the 385 homes will feature Alexa by Amazon voice control, marking the first-of-its-kind partnership between Amazon and a homebuilder. Residents
A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials
Existing-home sales fell 3.2 percent in January for the second consecutive month, according to the National Association of Realtors. Last month’s total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, saw the largest annual decline in more than
While a tight inventory continues to affect the Florida housing market and drive up median prices, the latest report from Florida Realtors reveals a cause for optimism for buyers: new listings rose, albeit slightly, in January. New listings for
A new website could alter the process of searching for a home in coastal cities in the future. The website, Buyers BeWhere, uses Google Maps to break down residential risk by home. The project has been gathering information for
Caprice Weber and Cathy Strafaci were recently promoted to managing director roles at Douglas Elliman, according to The Real Deal. Weber oversees Elliman’s new development projects in Broward and Palm Beach counties. She previously was president of the Florida
If you’re thinking of buying or renting a property in Miami in the new year, you may want to consult your checkbook first. GOBankingRates looked at Zillow’s year-over-year home value and rent forecasts as well as the U.S. Bureau
With its double-pronged approach to cater to both agents and homebuyers, Homesnap continues to increase its reach in the industry, recently securing $14 million in series B funding. Homesnap serves more than 800,000 agents and brokers, helping them boost productivity
While tight inventory continues to nag the U.S. housing industry, homebuilders around the country are confident in the market, according to the National Association of Home Builders. The Housing Market Index revealed that builder confidence for new single-family homes
South Florida’s Bijou Bay Harbor has officially sold 75 percent of its 41-residence property. Located in Bay Harbor Islands, Bijou underwent construction last year and is planned to be completed by the second quarter of 2019. The property’s development
Sales and median home prices both increased to close out 2017, according to the latest report from Florida Realtors. “Florida’s economy is growing, the jobs outlook remains strong and more people are moving to the Sunshine State,” said 2018 Florida
As the mortgage rate slowly rises in the beginning of this year, only 6 percent of homebuyers said they would cancel their plans to buy if mortgage rates surpassed 5 percent, according to a late 2017 survey by Redfin. By the end
In the final three months of 2017, home prices overall reached an all-time high in 114 markets, according to the latest quarterly report by the National Association of Realtors. The national median price for a single-family home in the
