Two Miami developers are being recognized for their work in turning an unused oceanfront property into a condo and yacht club development. The City of North Miami Beach awarded Marina Palms Yacht Club & Residences developers Neil Fairman and George Helmstetter of

  Homeowners who sold their homes in the first quarter of 2017 saw the highest average price gain for home sellers since the third quarter of 2007, according to a new report from ATTOM Data Solutions. The Q1 2017

The Supreme Court ruled Monday that the city of Miami has standing under the Fair Housing Act to sue three major banks for predatory housing loans, according to reports. Stemming from the housing market collapse of 2007, Miami sued

  In the first quarter of 2017, the homeownership rate was only slightly less than the previous quarter at 63.6 percent, remaining below the 27-year average rate of 66.1 percent, according to the Census Bureau’s Housing Vacancy Survey (HVS). Since the national

Properties, on average, remained on the market for 34 days in March 2017, a shorter amount of time compared to February 2017 (45 days) and March of last year (47 days), according to the National Association of Realtors’ monthly Confidence

Bringing luxury condos to a Miami market that is already saturated with similar products would be harrowing for some developers. But not for Henry Torres, CEO of the Astor Companies, who said there are still ways to differentiate a

    Realtor.com ranked the top 10 cities where young people want to be, placing Miami at No.2. According to the article, Miami attracts waves of Millennials with its word-class nightlife, up-and-coming neighborhoods and a healthy job market. According to Realtor.com

  The Redfin Housing Demand Index decreased in March to 108 from 123 in February, a 14 percent drop, according to Redfin’s latest report. Although the trend of homebuyer demand is cooling down from its record high of 132

Yesterday we looked at the local markets where the median home price has risen the most this year. Nearly all of the markets on the list are considered luxury, a positive sign for a sector of the market that

Fannie Mae announced a new student loan cash-out refinance program and policies to help borrowers who are burdened by student loan debt. There are three major policies and programs that will be implemented. Student Loan Cash-Out Refinance: Homeowners will

  A period of instability in Miami’s housing market is finally easing, as 2017 looks to be a year where doomsday predictions for the market give way to stability and growth, according to Douglas Elliman’s first quarter 2017 report.

  The recently released Active Spring Home Shopper report from realtor.com dives into the mind of this spring’s cohort of homebuyers by breaking down their needs by age group. According to the report, privacy is the top reason out of 10 that

Thanks in part to some slight relief in housing inventory woes, March saw the strongest home sales of any month since the housing market collapse, according to the National Association of Realtors. In Miami, sales of single-family homes rose to the

  Miami rents decreased 0.6 percent in the past year to an average of $1,849, according to the March Zillow Real Estate Market Report. From 2015 to 2016, rent in Miami increased 5.0 percent. Rents rose only 0.7 percent nationwide compared to

More aging parents are staying put rather than selling their homes as the amount of “empty nester” households has risen to record highs, according to Zillow. The number of empty-nest households, or homeowners aged 55-plus who have no kids

  More investors and lenders are predicting an increase in single-family housing development that will outpace multifamily buildings, according to the 2017 Akerman U.S. Real Estate Sector Report. Of those surveyed, 43 percent said single-family homebuilding will be the most active