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Past-due mortgages increase after Harvey and Irma

Following the aftermath of Hurricanes Harvey and Irma, the amount of non-current mortgages and mortgage delinquencies in Texas and Florida have risen significantly since this past September. Since the storms hit, disaster-afflicted areas have seen a 9 percent spike

Florida sales struggle post-Irma, but prices increase

While certain parts of Florida remained largely unscathed from Hurricane Irma, some endured significant devastation that is making a big impact on the state’s housing market.  According to Florida Realtors, there were fewer home sales, pending sales and new

Miami among cities with best infrastructure in U.S.

When shopping for homes, one of the primary things people look at is its bones. And so, it makes sense that when changing cites that the bones of the cityscape should be examined. It may not be a scintillating

Lenders, agents trump online sources as top mortgage influencers

The internet offers scores of tips and resources for finding a mortgage, but according to a recent survey conducted by Fannie Mae’s Economic & Strategic Research group, homebuyers feel more comfortable shopping for mortgages with assistance from specialists. According

NAR invests in new e-closing platform

The National Association of Realtors’ investment branch, Second Century Ventures, recently announced its investment in Notarize, an online notarizing service bringing mortgage signings and closings into the 21st century. “As one of the only 13 investments SCV has made

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How many working hours does it take to buy a home?

The ability to own your own home is a dream for most Americans, but depending on which part of the country you live in, that may require more working hours than in other locations. A recent report from How Much

Olympian Michael Phelps to speak at National Association of Realtors conference

More than 20,000 Realtors, industry experts and guests will be in Chicago from November 3-6 at the 2017 Realtors Conference & Expo, themed “The Sky is the Limit.” Saturday’s general session keynote address will be presented by 23-time Olympic

Home sales decline for third consecutive month while prices rise

For third month in a row, there was a decline in home sales in September. However, the average home sale price continues to rise. A recent Redfin report shows that in September, home sales fell by 8.1 percent — the

8 spookiest street names in the Miami area

Nearly every kid has that creepy house at the end of the lane, the one all their friends would whisper about and race their bikes past. The one the neighborhood children would ding-dong ditch or dare each other to

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Rising sea levels pose biggest threat to owners of less-expensive homes

It’s common knowledge that ships and boats can sink, but can you imagine a sunken community? A recent report revealed that $916 billion worth of U.S. homes could end up underwater due to the sea level increasing by just

Single-family rental investors should look in this Miami ZIP code

Single-family rental homes are a great investment choice, but buying property in the right location is key. ATTOM Data Solutions recently put together a list of the top 25 U.S. ZIP codes for investing in single-family rental homes, and a

Miami economy among biggest growers in the U.S.

Of the largest 20 metropolitan areas in the country, the growth of Miami’s economy is the sixth highest, according to a new report from SpareFoot. Data from the Bureau of Economic Analysis shows that the city’s economic growth is

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Suburban rules: Majority of new homes built in community association

A recent survey shows about six out of every 10 homes built in 2016 were built within homeowner’s or community associations. The U.S. Census Bureau’s Survey of Construction (SOC) defined homeowner’s associations as “formal legal entities created to maintain common

Predictive analytics preferred over realty AI, says survey

According to a recent survey from Imprev Thought Leadership, two out of three real estate executives favor newer technology such as Predictive Analytics, Marketing Automation, and Big Data for future business, while less than half are willing to invest

Home value perception gap narrows for fourth consecutive month

Although homeowners and appraisers don’t see exactly eye to eye on home values, the gap is narrowing, according to the latest National Quicken Loans Home Price Perception Index (HPPI). According to the September update, appraisers’ valuations were 1.14 percent

Alexa, order me a house?

After becoming everyone’s go-to online shopping mecca, formidably contending with Hulu and Netflix and even upending the grocery industry by buying Whole Foods, it’s clear that Amazon is in the business of disrupting just about any industry it chooses.

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