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These 5 Traits Define Homebuyers in 2016

This is who you’ll be doing business with this year. The National Association of Realtors’ “Home Buyer and Seller Generational Trends” report is among the most detailed examinations of the nation’s consumers and their real estate experiences. From demographics,

In Miami Real Estate, these Two Groups Value Homeownership the Most

Hispanic and Millennial consumers are the most eager to buy homes in the Miami area, according to a new survey from Zillow. The survey, which polled more than 10,000 renters and homeowners, asked consumers whether or not they associated

Sue Gaieski Appointed 2016 President of JTHS

The Miami Association of Realtors has selected Sue Gaieski as the 2016 president of the Jupiter-Tequesta-Hobe Sound Association of Realtors (JTHS). Prior to her new role, Gaieski served on the JTHS Board of Directors as treasurer, secretary and vice-president.

Douglas Elliman Announced Seven Top Real Estate Professionals to Coconut Grove Office

Douglas Elliman announced the addition of seven top real estate professionals to Coconut Grove office, located on 2950 SW 27th Avenue – all coming from rival brokerage ONE Sotheby’s International. CEO of Douglas Elliman’s Florida Brokerage, Jay Phillip Parker

Survey: TRID Impacting 75 Percent of Loan Closings

New regulations are delaying a high amount of loans, new research finds More than 75 percent of banks say TRID compliance is delaying loan closings between one and 20 days, according to a survey by the American Bankers Association. The reasons

Miami New Construction Begins 2016 in Strong Fashion

The residential construction community in Miami kicked off 2016 in a strong fashion, with overall spending rising considerably from a year ago, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s analysis, residential construction spending in

Miami the Nation’s No. 1 Home Flipping Market

The Miami metro area had the most home flips of any market nationwide, according to RealtyTrac’s Year-End and Q4 2015 U.S. Home Flipping Report. Miami, according to the report, had 10,658 homes flipped in 2015, representing 8.6 percent of all Miami-area

The 4 Reasons to Expect a Strong Spring Housing Market

A strong economy and beneficial market conditions will boost housing in the spring The National Association of Realtors has always tried to keep a positive perspective when looking towards the future, and the latest report from Realtor Mag, which anticipated a

This is Why Millennials are Buying in Urban Areas

Millennials looking for more in their surroundings Much has been written about the newfound demand for urban, walkable environments, and a new study from CityLab has zeroed in on the causes behind that demand. According to CityLab’s research, the

Study: Vast Majority of Consumers Dissatisfied with Real Estate Office Phone Skills

New research from the PH Media Group has found that only 28 percent of American consumers are satisfied with the way real estate businesses handle their phone calls. The study also found that the standards for phone manner for

The 10 Things Clients ‘Must Have’ in New Construction Homes

Baby Boomers are famous for their embrace of suburbs, and new research suggests that their love for the housing style remains fervent as ever. According to new research from the National Association of Home Builders (NAHB), 22 percent of

Miami’s Condo Demand: Fact or Fiction?

Miami’s condo market was in the midst of a comeback in 2015, according to the Miami Downtown Development Authority’s annual report. That might not be the case today. Fueled by luxury and international demand, 90 percent of the more

The Best Time of the Year to List a Home in Miami

When is the best time to list your client’s home? The answer may surprise you The best time to list a home in Miami’s housing market is between April 16 and April 30, according to a new analysis from Zillow. Listing

Miami DDA: Downtown to be “Business, Social and Cultural Epicenter of the Americas” by 2025

By 2025, what will Miami’s downtown look like? If it’s not underwater, the Miami Downtown Development Authority (DDA) hopes the area will have been cultivated into the “business, social and cultural epicenter of the Americas.” It’s a lofty endeavor,

Miami Not No. 1 For Cash Sales, But Close

From Jan. 2013 to Oct. 2015, year-over-year decreases in the share of total home sales occurring in all cash have averaged 2.7 percentage points. However, in Nov. 2015 (the latest available data) the pace of decline slowed to 0.7

The 4 Challenges First-Time Buyers Face in 2016

The housing market is improving, but first-time homebuyers still face challenges First-time homebuyers have dropped to their lowest share since 1987, and based on numerous reports and analyses by news organizations and industry groups, there are a number of barriers

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