News / Features

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Why a 20 percent down payment is so important in Miami

  Miami residents and those looking to move there already know that it is difficult to find affordable housing in the area. And because housing is so expensive, being able to put 20 percent down on a home could be

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The 3 Miami markets where condo sales rose

Single-family homes buoyed the Miami housing market in the first quarter of 2017 as condo sales continue to slide. But there are still some bright spots in the local condo market, as three submarkets showed gains in their condo

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The Realtor of today: breaking down NAR’s 2017 member profile

What does the typical Realtor look like, and how was business for them in 2016? The answer obviously varies from market to market and from age group to age group. But the survey results in the National Association of

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The 8 Miami markets with the most single-family home sales in Q1

Miami’s start to the homebuying season continues its stellar pace, as sales of single-family homes, median sales price and total dollar volume have all increased year-over-year in the first quarter of 2017, according to the Miami Association of Realtors.

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Three masterplan community trends that are attracting new residents

Masterplan community developers are looking to expand the amenities and conveniences offered to residents in order to bring in new buyers. According to John Burns Real Estate Consulting, there are three major features that developers are offering in their

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Metro home prices accelerated for third consecutive quarter

Metro homes saw the strongest quarterly sales pace in a decade, which put pressure on existing inventory levels and led to the third consecutive quarter of accelerated home prices, according to the latest quarterly report by the National Association

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Miami area has third highest growth in suburban renters, study says

Miami has seen the third-highest growth in suburban renters of any U.S. market, according to a new study by RentCafe.com. Between 2011 and 2015, the Miami metro area has seen 56,800 new suburban renters, RentCafe reports. Only Riverside, CA,

Fort Lauderdale, Palm Beach Realtor groups to merge, create third largest in the country

The Realtor associations covering Fort Lauderdale and the Palm Beach area have announced plans to combine into what would be the third largest Realtor association in the country, the groups announced Thursday. More than 30,000 real estate professionals would

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Housing affordability rises nationwide in Q1 2017

U.S. housing affordability increased slightly in the first quarter of 2017 due to rising wages and moderating home prices despite increasing mortgage rates, according to National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Between January and

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Housing sentiment rebounds in April, survey says

The Home Purchase Sentiment Index (HPSI) rose by 2.2 percentage points in April to 86.7 percent and three percentage points compared to last year, according to April 2017’s National Housing Survey. Out of six total components, four saw positive gains when

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See which Miami ZIP code has the most “equity rich” properties

According to the Q1 2017 U.S. Home Equity & Underwater Report from ATTOM Data Solutions, nearly 5.5 million U.S. properties are seriously underwater, which represents almost 10 percent of all mortgages. This is up from 5.4 million in Q4,

Cervera VP John Reza Parsiani on adapting to a changing Miami market

Editor’s note: In his own words, John Reza Parsiani tells us about the current makeup of the Miami housing market, and how brokers should adapt to a saturated market. His words have been adapted from a Q & A

Fed could hike interest rates 9 times by 2020, report says

After remaining flat for years, federal interest rates could be increased nine times by 2020, according to the Congressional Budget Office’s 2017 Budget and Economic Outlook. The Federal Reserve’s policy committee met last week and determined that no federal

Markets nationwide return to normal economic and housing activity

In the first quarter of 2017, markets nationwide have shown, on average, 100 percent normal economic and housing activity, according to the National Association of Home Builders‘ (NAHB) First American Leading Markets Index (LMI), which is based on current price,

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Miami has the 9th most expensive rental market in the country, study says

  Miamians priced out of homeownership are not likely to find much relief on the rental market, as rents in Miami are the ninth-most expensive in the country, according to a new study by apartment searching website Zumper. In ranking the

Builders think families with children will have highest impact on home sales

Builders find that families will children will have the highest affect on home sales in 2017, according to the 2017 Builder 100 survey. Of its respondents, 68 percent believe that families with children will drive home sales, followed by

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