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Single-family construction is having a great year

Single-family homebuilding is showing encouraging strength in 2016, according to new numbers from the U.S. Census Bureau. Through April, single-family authorizations were at a rate of 736,000, which is 3.3 percent above the revised March rate of 725,000. Monthly new

What you need to know about NAR’s updated MLS policy

Today, the National Association of Realtors board of directors approved revisions to its Handbook on Multiple Listing Policy that will henceforth require all members have the rights to any listing content entered into the MLS. In response to a

Builder confidence points to strong construction in 2016

Builder confidence in the market for newly-built single-family homes remained unchanged in May at a level of 58 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Ed Brady, the NAHB’s chairman, explained in the association’s report

This week in Miami real estate: A record-breaking condo sale, historic district nears height increase, and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Record-breaking condo sale – Last month,

Millennials dream of homeownership…from their moms’ basements

Millennials may be America’s largest, most vivacious generation yet, but new research suggests that their homebuying prospects have only worsened with time. According to a new analysis from Zillow, more Millennials now live with their parents than at anytime

Miami mortgage activity jumps strongly in 2016

Overall mortgage activity is down in the Miami housing market this year, but that only tells half the story, according to RealtyTrac’s Q1 2016 U.S. Residential Property Loan Origination Report. Through the first quarter, RealtyTrac found, Miami lenders oversaw 29,934 originations, a

This “boring” topic could be worth thousands to your clients

We know, we know – private mortgage insurance (PMI for short) is one of the more profoundly unsexy topics in real estate, and offers little of the glitz and glamor of staging, showing and negotiating. But it is a

This Miami brokerage ranks in Florida’s top 3 for sales

Every year, REAL Trends, a leading source for industry analysis and information, publishes its 500 lists, which rank the country’s top residential brokerages by transaction sides and total sales volume. This year both Florida- and Miami-based brokerages were well

4 tips for telling a client “You’re fired”

As we discussed in a recent article, making the decision to fire a client is a nuanced process. That is doubly true when you move to execute that decision. Doing the actual firing may seem like the simpler part of the

NAR’s hilarious new partnership with Modern Family

The National Association of Realtors is no stranger to advertising and unorthodox marketing methods, but the trade group took things one step further last week with perhaps America’s most famous Realtor – Phil Dunphy of ABC’s “Modern Family.” In

Is Florida a good state to live in for working moms?

The prevalence of women in the workforce has grown tremendously over the past few decades, and as a result, working moms have gained buying power in the real estate market. However, as a recent study from WalletHub pointed out,

This week in Miami real estate: Tri-Rail trouble, condos bounce back and more

It was a busy week in Miami real estate, as is so often the case. But if you weren’t able to keep up with everything, don’t worry; we’ve got you covered. Here’s what happened: Developers make first purchase in

Is luxury housing in Miami slowing down?

Luxury housing markets across the U.S. have seen declines in 2016, but according to a new analysis from Redfin, only one market has slowed more than Miami Beach. Through Q1 2016, the average sale price for luxury homes in Miami

Miami ranked one of the nation’s most dangerous cities

Earlier this week, we reported on NeighborhoodScout’s new list of the top 100 safest cities in the U.S. In part two of this two-part series on crime, we’ll be counting down the top 100 “most dangerous” cities in America. The

4 ways to be the managing broker your agents need

If agents are the soldiers in the field, then managing brokers are the generals. Maybe that analogy is a little militant for real estate, but it’s not a bad way of illustrating the relationship between the two. Agents expect a lot

New Miami Beach law could bump up the cost of mansions

In one of many efforts to reduce Miami Beach’s environmental impact, the City wants developers to either go green, or pay up. What will that mean for new construction buyers? Here’s what you need to know. Outlined in the

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