News / Features

US housing market has recovered after crisis, but some markets still fall behind

Despite gradual but continued recovery in most housing markets in the United States since the recession wreaked havoc on the country, there is still major disparity due to uneven shifts and progression in individual market values. According to a

Florida Realtors optimistic about 2018

Florida’s housing market showed no signs of a seasonal slump at the close of 2017, and that isn’t likely to change as 2018 ticks on, according to a new forecast from Florida Realtors. Unveiled at its mid-winter business meeting,

Report shows foreign investors account for 80 percent of Miami’s buyers and occupiers

Nearly $7.5 billion was invested in U.S. real estate properties with more than $1 million by foreign buyers in the 12 months ending March 2017, according to a new report from Beauchamp Estates in conjunction with Leslie J Garfield

This Week in Miami Real Estate: Babylon Apartments in peril, real estate jobs and more

A recent study from Abodo found that South Florida is rife with real estate jobs. In fact, the Fort Lauderdale area, which includes Pompano Beach and Deerfield Beach, has the largest concentration of sales and real estate jobs in

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Report: State’s housing market in December was ‘remarkably normal’

Closed sales and the median home price both increased in the Florida to close out the year, according to a new report from Florida Realtors. Despite increases, both were restrained due to tight inventory, which is plaguing much of

Luxury home sales increase to close out 2017

In its latest luxury market report, Redfin found that luxury home prices in the U.S. rose 7.4 percent year over year to an average of $1.76 million in the fourth quarter of 2017. The analysis tracked home sales in over 1,000

Millennials facing implications in the housing market

Several long-term economic factors, including the explosion of student debt, are making homeownership a distant goal for most millennials. In a new Apartment List report, a renter survey that elicited responses from more than 11,000 millennials across the United States,

Despite decline in December, 2017 still the best year for home sales in 11 years

Although most of the country experienced a decline in existing home sales in December, 2017 overall was the best year for sales in 11 years. They were up 1.1 percent from 2016, according to a recent report from the National

Mortgage industry top originator Risha Kilaru joins Guaranteed Rate

With 11 years of mortgage lending experience, top loan originator Risha Kilaru has joined Guaranteed Rate as Vice President of Mortgage Lending in California. Kilaru originated over $700 million in the last three years, including more than $268 million

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Buying a home more affordable than renting in over half of US housing markets

ATTOM Data Solutions released its 2018 Rental Affordability Report, which showed that buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed. The analysis included recently released fair market rent

Rich, saturated colors and mixed metals among the top home design trends in 2018

Expect urban farmhouse designs, fashion-influenced trends, mixed metals and richly saturated colors to make a splash this year. Angela Nuessle, director at Pulte Homes National Interior Design, recently revealed the latest design and décor trends that are sure to be

Income growth in 2018 not enough to keep pace with increasing home prices

In 2018, home sales, housing construction and house prices are all likely to increase modestly, according to Freddie Mac’s January 2018 Outlook. Home sales are forecasted to reach 6.35 million in 2018, up slightly from 6.17 million in 2017.

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December mortgage applications jump nearly 8 percent

A new report from the Mortgage Bankers Association shows that mortgage applications in 2017 increased 7.1 percent from 2016, including a 7.8 percent hike in December to close out the year. “After playing catchup for two months following the

This Week in Miami Real Estate: Historic districts, new waterfront in Fort Lauderdale and more

Miami Beach City Hall on Jan. 17 unanimously approved the creation of two new historic districts that will protect hundreds of architecturally significant buildings from demolition, The Miami Herald reported. The North Beach districts are known for their Miami

Zillow: Crisis-level inventory shortage plagues US housing market

Home shoppers looking to buy in 2018 will have 10 percent fewer homes to choose from than a year ago, according to the December Zillow Real Estate Market Report. The for-sale inventory across the nation has been falling on

South Florida market thrived at the end of 2017

Despite an uncharacteristic cold snap that had residents shivering and lizards falling from trees recently, South Florida’s real estate market performed particularly well in the fourth quarter of 2017, according to a new report from Douglas Elliman. Authored by

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