News / Features
When TRID came into effect in Oct. 2015, the big fear was a consumer-facing one. “TRID is going to delay loan closings,” the industry said. But it hasn’t – at least not for the majority. In Ellie Mae’s most
In use for more than 25 years and the preferred credit scoring system for 90 percent of top lenders, the FICO Score has long been the dominant metric of creditworthiness for auto lending, credit card decisioning and, of course,
Miami is in the midst of a renaissance. Its international appeal is growing; its culture is expanding and better defining itself; and the city itself is growing to accommodate its new role as a global marketplace. A big part
Millions of Baby Boomers are planning move over the next several years – everyone knows this. But it could mean big things for agents working in Miami. There are three reasons most homeowners between the ages of 61 and 90 want
Over the next several years, Miami’s condo market, already nearing a full year’s supply, will get an injection of thousands of new units. And thanks to the Miami Downtown Development Authority’s 2016 Market Insights report, we now have a
Last year, one in five homebuyers purchased a property sight unseen. According to a new survey from Redfin, that number is holding true this year, as well. This may be a trend agents should follow. Crissy Dyer is a
South Florida’s leading real estate development firm, Shoma Group, has announced its first residential development in Miami Beach, Eleven on Lenox, located at 1030 15th Street, Miami Beach. Eleven beach houses will be built in one of South Beach’s most popular neighborhoods.
The Miami Association of Realtors is headed to Dubai to present at the 2016 Cityscape Global event, and its new global marketing partner Realopedia is tagging along. It’s the association’s latest move to help sell the South Florida real
The Home Affordable Refinance Program will not expire at the end of this year, as previously thought. The Federal Housing Finance Agency says it will continue through Sept. 2017. FHFA’s announcement comes alongside news that Fannie Mae and Freddie
Many buyers want their homes to be outfitted with smart technology, but most homes don’t have it, according to a consumer survey from The Demand Institute. It’s an opportunity for sellers. Seventy-three percent of consumers agreed that having home automation
Lots of interesting things happened this week in the world of real estate. Notable stories this week include the first commercial flight from the U.S. to Cuba in 50 year and the first full-service resort opening in Key Largo
Thanks to the Miami Association of Realtors partnering with foreign listing portal Juwai, Chinese buyers will now have easy access to residential and commercial listings in the Magic City. “Miami is the city of the future,” said Teresa King
CC Homes purchased 28 home lots in the MiraLago community in Parkland from Lennar Homes for $ 8.4 million. The property was sold to CC Homes, a joint venture between Armando Codina and James Carr. A $12.25-million mortgage was provided
Not every real estate agent wants to retire an independent contractor, and not every homebuyer wants to live in a city that doesn’t foster entrepreneurs. Those things are easy to avoid in Miami, ranked in the top 5 of
Loan originations are up in Miami, which bodes well for the market after several months of declined sales. In the second quarter of 2016, mortgage lenders in the city counted 5,305 new loan originations, 13 percent more than last
July marked the second highest reading in over a decade for pending home sales, with the Midwest being the only area to see a decline in contract activity during the month. The Pending home Sales Index (PHSI), which tracks the
