Freddie Mac will offer automated assessments for borrowers who do not have credit scores, saving time for lenders and expanding its lending service to more prospective customers, according to multiple media reports. Starting in June, borrowers without credit scores

  Miami has become one of the least affordable housing markets in the country, and now residents are looking to live elsewhere, according to a recent study. Prices have spiked mainly due to foreign investors, while wages and average incomes have continued to

Across-the-board rises in new home sales, average sales price and inventory were reported in February, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Home sales in February totaled

After the successful redevelopment of the Wynwood neighborhood, developers and realtors are eyeing nearby up-and-coming neighborhoods Little Havana and Allapattah. But roadblocks exist before the communities can see the influx in real estate investment other Miami areas have seen.

The historic, nationwide housing inventory shortage could be cured by more new-home construction, real estate economist Lawrence Yun said, but barriers exist before construction can ramp up. Raising interest rates could dampen homebuying activity, with 53 percent of prospective

  After a slowdown in 2016, the Downtown Miami condo market is expected to make a rebound this year, and will continue to do so until prices reach previously unforeseen numbers, according to a new municipal study. Last year

  Faced with dwindling numbers of appraisers nationwide, the home evaluation industry is speaking out against regulations and industry practices they say are hurting them during a boom time in housing sales. A shortage in appraisers is accepted as fact by

A new public transportation system will arrive in Miami by the summer, and is bringing with it a massive mixed-use development to Downtown Miami. Brightline, the new rapid-transit line linking Miami to Orlando, is expected to begin service out

  South Florida’s luxury home market is inundated with international buyers, but there’s one group of foreign buyers whose activity in the market is drawing scrutiny. At least 63 Russian nationals have bought $98.4 million worth of property in

Millennials value individuality and often defy tradition. But according to a recent analysis from Zillow, the full picture of the American dream has not been lost on Millennials – owning a home still remains one of the largest milestones in adulthood, though

Every year, Redfin polls recent and prospective homebuyers in an attempt to gauge how people’s views of the housing market have changed, or remained the same, from one year to the next. But this year is different. This year

Most major cities have Chinatowns – Chicago, Los Angeles, New York. So why not Miami? The City had the same thought last year in February when it passed a resolution designating the stretch of Northwest Seventh Avenue that runs between

Americans live much larger than they did 30 years ago, despite families being slightly smaller. But that doesn’t mean Americans want bigger homes. As a recent Trulia study showed, homeowners suffer from widespread “grass-is-always-greener” syndrome, in which small home

Over the weekend, many Florida REALTORs members received letters from an organization called the “Florida Board of Realtors,” which does not exist. Florida REALTORS has notified its 164,000 members of what is likely a phishing scam. The scam involves illegitimate “final notices” seeking

Miami’s real estate market slumped in 2016, with the pace of sales and appreciation slowing. But still, the market remains hot – flushed with buyers from around both the country and the globe. It’s an attractive market with rising

Within the family of sites like Zillow and Redfin, there have been a plethora of tech startups emerging from the woodwork over the past couple of years in endless pursuit of streamlining the home buying and selling process. Here are a