News / Features
Miami home sales were up across the board in May, and even set a record for the most single-family homes sold in one month, according to the Miami Association of Realtors. May saw 1,344 single-family homes sold in the
The median sales price hit a new high while the median days on market hit a new low, according to the National Association of Realtors. Total existing home sales increased 1.1 percent from April to a seasonally adjusted annual
Miami is the eighth-best city in the U.S., according to a report released Wednesday. Resonance Consultancy’s report was announced Wednesday at New York University during an awards celebration. It named the 50 best large American cities and the 50 best small American
Miami is no stranger to expensive real estate, but a look at home prices by ZIP code shows exactly how expensive some areas of the city are. Property Shark, an online property search tool, has ranked Florida’s most expensive
The Miami-area’s largest housing developer is under federal scrutiny for potential abuses of federal tax credits and other public funds used in developing affordable housing, according to reports. Related Group has been named as one firm being investigated by
Trulia released a list of America’s best value neighborhoods Friday that detailed the 100 biggest metros’ values. Trulia’s list considered first-time buyers and where in the country they could get the best value for their money. Neighborhoods were not just
Last month’s buyers faced one of the most competitive markets to date, according to Redfin’s May 2017 housing market report. As homes flew off the market and supply continued to decrease, speed of home sales and buyer competition hit
Apartment demand is already tight in many cities across the country, and without an increase of inventory, it may become more difficult to find affordable market-based housing options. A new study from the Hoyt Advisory Services and commissioned by
Fannie Mae has made home purchasing easier for a number of people – including Millennials – by raising its debt-to-income (DTI) threshold. According to the Washington Post, Fannie Mae’s DTI ceiling will be raised from 45 percent to 50 percent
Real estate agents are concerned that political uncertainty and the disruptive nature of new technology will affect their business this year, according to the Counselors of Real Estate (CRE). CRE unveiled its 2017-2018 Top Ten Issues Affect Real Estate
As millennials increasingly warm to the idea of homeownership and Baby Boomers begin thinking about selling their homes, one wrinkle in the homebuying cycle has appeared: no one wants to buy McMansions. What is now a staple of suburban
Colombia registered the most South Florida property searches on the MIAMI Association of Realtors’ website in March 2017, according to a recent release from the organization. The country maintained its status as the most active country searching Miami real estate
The number of people who are late or behind on their mortgage is at the lowest rate in 10 years. According to CoreLogic’s monthly Loan Performance Insights Report released Tuesday, 4.4 percent of mortgages nationwide were delinquent, compared with 5.2
Rosen Consulting Group (RCG) found five reasons for the United States’ declining homeownership rate, according to research released recently. RCG found post-foreclosure stress disorder, mortgage availability, student loan debt, single-family housing supply shortages and single-family housing affordability as the distinctive
Miami might not be considered a beach town in the classic sense, and it certainly isn’t known for its affordable property. That hasn’t stopped the city from being considered one of the most affordable beachfront cities in the country.
Fannie Mae’s Home Purchase Sentiment Index (HPSI) saw a slight drop of .05 percentage points to 86.2, according to the National Housing Survey report for May 2017. This drop is due to decreases in three categories being larger on-net
