News / Features

What’s the average mortgage debt in our state?

Floridians on average have more mortgage debt than borrowers in most other states, an analysis from Business Insider confirmed this month. How much debt exactly? According to data Business Insider obtained from Experian, $177,932 in 2016, making it the

Miami’s new construction market trips in January

Miami’s new construction market plummeted in January, as spending dropped double digits from a year prior, according to research from Dodge Data & Analytics. But the dip isn’t so bad. Yes, residential construction spending from Jan. 2016 to Jan.

NAR: South sees bump in existing-home sales in January

  The South saw a slight jump in existing-home sales in January, according to the National Association of Realtors. And so did most everywhere else. “Much of the country saw robust sales activity last month as strong hiring and

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13 things NAR wants in a new CEO

By now about every Realtor knows that the National Association of Realtors is looking for a new chief executive. But in order to know what to look for, a team from Heidrick & Struggles, the search firm hired by

Survey: Agents and lenders need to better educate borrowers on closing costs

When the TILA-RESPA Integrated Disclosure (TRID) rule was passed in Oct. 2015, it was billed as a simplifying of the mortgage process – at least as far as borrowers were concerned – and an effort to increase transparency, particularly as

Survey: Borrowers worry how Trump and DeVos will manage this barrier to homeownership

The Millennial homeownership rate fell to a 30-year low last year, and a big contributor to that trend is growing student loan debt. The country has an opportunity to address the issue under newly elected President Donald Trump and

Report: “The World’s Most Admired” homebuilders

Toll Brothers is “The World’s Most Admired” homebuilder, according to Fortune. Miami-based builder Lennar is No. 2. Of the five homebuilders named by Fortune, the Pennsylvania-based builder, which operates in markets across the country, came in on top. Fortune

7 reasons agents should consider virtual staging

We hear it all the time from our clients: “Vacant homes don’t sell.” As a professional photography studio specializing in real estate, we also know they don’t photograph well, which means fewer viewings online and in-person. Fortunately, Realtors have

3 trends that defined Miami’s housing market in January

In its monthly market report, Redfin dissected dozens of markets across the nation and found that in January, buyers typically faced three challenges: rising prices, low inventory and a fast market. That was certainly true in Miami. Prices continue

Keller Williams Realty Branches Abroad to Jamaica and Puerto Rico

  After having found continued success in other international locations, Keller Williams Realty is again stretching its limbs – this time acquiring Meldam Realty in Jamaica and Grand Homes Real Estate in Puerto Rico. Significant growth has been seen in other international Keller Williams’

Four trends Gary Keller says may change real estate

Keller Williams Founder Gary Keller spoke via an invitation-only live stream this week on the nation’s real estate market, commenting on the state of today’s market, and speculating on the fate of tomorrow’s. One of the most pressing topics

Miamians are undervaluing their homes

There is a slight disconnect between homeowners and appraisers in Miami, according to Quick Loans’ latest National Home Price Perception Index (HPPI). The good news is the disconnect is in the favor of homeowners. In February, homeowner opinion in Miami placed

GOP takes another swing at Dodd-Frank

Republican Congressman and Chairman of the House Financial Services Committee Jeb Hensarling (Texas, 5th) earlier this month sent a memo to lawmakers outlining proposed changes to his Financial CHOICE Act (FCA), introduced last year, the would see the Consumer

Four ways builders are beating the labor shortage

In the five years following the peak of the housing bubble – so from 2006 to 2011 – the United States’ construction industry lost 2.3 million laborers. By 2013, 60 percent had already found new careers in other industries – which meant

When does owning in Miami become a better deal than renting?

Buying a home in Miami is a great deal – so long as the owner stays in it for more than two years. That was the conclusion of Zillow’s latest Breakeven Horizon report, which calculates how long the average homeowner

3 things driving buyers to Miami Beach

Greater Miami is a patchwork of neighborhoods – each defined by its culture, population, and residential and commercial makeup. Here’s why people are buying in Miami Beach: Putting forth a big environmental effort – Miami Beach is unique in

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