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News / Features

Good news for first-time buyers – and the agents who represent them

Breaking down the many barriers to credit erected in the wake of the mortgage crisis has been a slow process. Credit issues have kept older homeowners from selling and younger renters from buying. But according to Fannie Mae’s Q1 Mortgage Lender Sentiment

Miami residential construction is booming in 2016

This year is shaping up to be a hugely positive one for residential construction in Miami, according to the latest numbers from Dodge Data & Analytics. In February, residential construction spending in Miami totaled $588 million, a 13 percent

Why your clients are both confused and confident about the market

The consumer equation is messy – expectations are up, attitudes towards the current market are down, and overall, confidence is on the rise, according to The Conference Board’s March Consumer Confidence Index. Using 1985 as the index’s baseline, where

5,000+ construction jobs added in Miami – will new construction follow?

Construction employment was up across the nation in the early months of 2016, according to the Associated General Contractors of America – a good sign for the industry , which currently suffers from labor and inventory shortages. New construction

A Miami agent’s case for bikeability – property values

Urban buyers today would have hated the 1950s. In the Urban Land Institute’s “America in 2015” report, a survey of U.S. residents found that approximately half considered “walkability” a top or high priority when determining where to live. But

7 money-saving deductions for real estate agents before the tax deadline

In less than a month we will have passed the tax filing deadline; and if you’re a real estate agent unfamiliar with the credits and deductions you’re entitled to, you may be forfeiting more than you have to. Do

First-time homebuyers battle low inventory

It’s getting harder for first-time homebuyers to find suitable starter homes The Miami housing market has become an increasingly precarious place for first-time homebuyers, according to a detailed new report from Trulia. In a deep analysis of the nation’s housing stock,

Greater Miami beats out nation in affordability, price growth

In the first quarter of 2016, every county in Greater Miami – Miami-Dade, Broward and Palm Beach – boasted a residential housing market more affordable than “historically normal levels,” confirmed RealtyTrac’s latest Home Affordability Index. Derived from publicly recorded

Cash sales best since 2008

In 2015, cash sales made up 33.9 percent of all residential real estate transactions, according to a new report from CoreLogic. That’s the lowest level since 2008. About midway through 2007, when the crash was becoming too apparent to

New NAREB initiative to boost African American homeownership

NAREB seeks to address barriers on both the borrowing and lending side of homeownership The National Association of Real Estate Brokers (NAREB) plans to launch a nationwide wealth building and  homeownership initiative focused on African Americans. The initiative has a goal

Why Millennials may leave the city after all

Cities may see less Millennials moving in going forward, thanks to shifting demographic trends as the generation grows older, according to a new CityLab report. The report, which covered a talk by USC urban planning professor Dowell Myers, argued

Why more Baby Boomers are choosing renting over buying

In mid January, a small cadre of consultants from research group John Burns Real Estate Consulting attended the National Multifamily Housing Conference, looking for evidence of future trends in housing. They found one, and it involves the possible decline of

In one Miami neighborhood, sales are up 300%

In Miami’s Biscayne Point neighborhood prices rose 34.6 percent year-over-year in February, according to a new report from Redfin; sales in the neighborhoos dropped 46.2 percent. In Eastern Shores, median home price jumped 35.2 percent, compared to a 37.5

MIAMI: Miami Prices Leap Forward, Still “Bargains”

Miami residential property sales totaled more than $810 million in February, which complemented major price gains while resisting the continuing trend of falling sales, according to a joint report from the Miami Association of Realtors and local MLS. On

First hotel since revolution sets up shop in Cuba – developers to follow?

It was a big weekend for tourism in Cuba, as two American companies inked special deals sanctioned by the U.S. government to extend their business in the Caribbean island. And it could have big implications for developers hoping to

Condo Project Proposed in Fort Lauderdale’s Flagler Village

BRYL Development will present its plans for a new condo project in Fort Lauderdale’s Flagler Village before the city’s Development Review Committee on March 22. The condo project, Flagler 626, calls for a 12-story building with 99 units, 105

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