Fannie Mae introduced its HomeReady mortgage last year as an inexpensive lending option that allows borrowers to come in with as little as 3 percent down. Now it’s making “enhancements” to that option, and that could mean more affordable financing

President Obama recently signed into law the Housing Opportunity Through Modernization Act of 2016, a bipartisan bill loaded with fixes to existing HUD programs. In February, the bill, which amended the U.S. Housing Act of 1937 (among other HUD-modifying

On June 23, 2016, citizens of the United Kingdom voted to leave the European Union. In the wake of the decision, the British pound fell to a 31-year low against the U.S. dollar, the euro dropped one percent, and U.S.

Americans are deeply pessimistic about economic mobility. By an overwhelming margin, they believe it is harder today to secure a middle-class lifestyle than it was for past generations. And a large majority continue to see the housing market in

The Consumer Financial Protection Bureau today proposed new updates to TRID intended to formalize guidance in the rule, and provide clarity and certainty. The point is to help facilitate compliance within the mortgage industry. “The Bureau’s rules are designed

Lots of interesting things happened this week in the world of real estate. Notable stories this week included new plans to renovate Bayshore Grove in Coconut Grove, South Florida construction spending, and more. Catch up on this week’s top

One of the minds that brought us Uber is trying to change the face of real estate through a mobile app. The app, called Haus, is for buyers, sellers, and agents, and focuses on the offer process rather than home search.

Home sellers in the Miami housing market have seen some of the best returns in the nation, according to the Q2 2016 U.S. Home Sales Report from RealtyTrac. Basing its analysis on publicly recorded sales deeds from more than 900 counties nationwide, RealtyTrac

In January, the Financial Crimes Enforcement Network, a division of the Treasury Department, announced two Geographic Targeting Orders, or GTOs, to monitor all cash luxury transactions in both Manhattan and Miami. The purpose was to help authorities identify possible

By the end of 2016, the Department of Energy estimates 1 million homes will be equipped with a solar energy system. And still there is no definitive way to value those systems in appraisals. A new report from the

Lennar Homes, a Miami-based developer, recently launched sales for Park Central, its new community located on Northwest 88th Street in Doral, according to the South Florida Business Journal. Lennar is planning to build 585 condos, 228 townhouses, and 77 single-family

At 75 million strong, the Baby Boomer generation comprises just over a quarter of the U.S. population, and as such, it wields considerable sway on the direction of the country’s economy – particularly in the area of housing. Indeed,

There are a number of circumstances under which a home can be built, but in 2015, homes built for sale went up faster than any other, according to a new report from the National Association of Homebuilders. In a

Real estate is a people business, and unfortunately, dealing with people can be dangerous. Agents need to make their safety a priority, because not every brokerage will do it for them. According to a report from the National Association

Home price growth in Miami was stronger than the national average, according to the new Case-Shiller Home Price Indices from Standard & Poor’s. The leading home price metric in housing, the Case-Shiller, found that Miami home prices rose 6.6 percent year-over-year in May, which

A recent study by Sungard Availability Services ranked Miami the No. 8 best city for tech startups in the country. The study focused on how each city offers the best environment for tech startups. For Miami, the average rate