News / Features
In the second quarter of 2017, Redfin Corporation’s revenue increased 35 percent from the same time last year to $104.9 million, the company recently announced. The remarkable profit growth is causing Redfin stock to continue rising less than two
A new study by HSH.com reveals exactly what salary Americans must earn in order to afford a median-priced home in any given metro. For Miami residents, the cost of homeownership rings in at exactly $71,644.01 a year, a 9.25
As Hurricane Irma’s strength wains to a post-tropical cyclone while it continued its path into Georgia on Tuesday, Florida residents are starting their recovery process — a process that Houston itself started recently after Hurricane Harvey ravaged the city.
PhysicianLoans recently announced that it will now offer zero-down loans of up to $750,000 for medical professionals. As a part of the company’s Doctor Loan program, the financing rate will be available to dentists and veterinarians in addition to
A recent report from ATTOM Data Solutions shows that the national median down payment percentage is at its highest in three years. ATTOM Data Solutions recently released its Q2 2017 Residential Property Loan Origination Report, which found that homes purchased with
After leaving a trail of destruction in the Caribbean, Hurricane Irma made landfall in Florida over the weekend, where it knocked out power and cell service to nearly 6 million residents. Five people reportedly died in Florida and 37
Florida residents continue evacuating their homes, heading west and north as Hurricane Irma is set to make landfall early Sunday and continue its path from the Florida Keys north to Georgia. The state imposed some mandatory warnings, including of
According to the CoreLogic Home Price Index (HPI), home prices increased significantly both month-over-month and year-over-year in July. The study analyzed listing prices for a comprehensive set of single-family attached and detached homes in gathering its findings. Nationally, the average
It’s no secret that the amount of skilled laborers in the United States continues to decline. In fact, a recent report by the Associated General Contractors of America found that up to 70 percent of contractors say they have
Due to upcoming changes to the reverse-mortgage plan, most new homebuyers will soon face bigger upfront premiums, but lower rates over lifetime of the loan. The Department of Housing and Urban Development announced a plan to increase the downpayment
Buying a home remains a goal for many Americans. However, the road to homeownership is rockier for some than for others. A new Apartment List report reveals that the rate of homeownership in the United States varies greatly by
While Texans are still recovering from the destruction of Hurricane Harvey, just a few states away in Florida, residents, government officials and business owners are preparing for landfall of Hurricane Irma. On Tuesday morning, the storm was upgraded to
Redfin’s Housing Demand Index dropped 5 percent in July from June’s all-time high, but is still up almost 30 percent from last year. The index, which currently sits at 124, is based on Redfin customers’ home tour requests and
With homes flying off the market and a dearth of new listings, pending home sales around the country dipped 0.8 percent in July from June, according to a new report from the National Association of Realtors. While the slip
A new study by Zillow reveals that rent growth continues to eclipse income growth for Miami’s lowest-income residents. The report – which considered both multifamily rent prices and U.S. Census data – concluded that even the cheapest apartments in
Now that August has passed and the real estate industry is recovering from a dizzyingly busy summer, it’s time for agents to brush up on industry fundamentals, such as safety. September marks the beginning of Realtor Safety Month from
