News / Features
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
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
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
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
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
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
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,
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
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
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
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
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 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 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
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
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
