News / Features

CoreLogic: Miami Reigns As Cash King

CoreLogic: Miami Reigns As Cash King Real estate markets across the country continued hemorrhaging cash last October, a new report from CoreLogic confirmed, with the share of total sales falling 2.6 percentage points year-over-year. However, as is typical of

Mortgage Applications Decrease as Interest Rates Fall

According to data from the Mortgage Bankers Association (MBA), mortgage applications deceased 2.6 percent from the prior week ending in Jan. 29, which included an adjustment for the Martin Luther King holiday. Mortgage Rates Are Decreasing According to the MBA, refinancing

CoreLogic: Miami Home Prices Stronger Than Nation’s

Home prices continued their steady climb rounding out 2015, rising both year over year and month over month, according to CoreLogic. Across the nation, home price appreciation averaged a 6.3 percent increase from Dec. 2014 to Dec. 2015 –

Despite Slowdown, Developers are Still Pumping Billions into Miami’s Housing Market

New analysis from Dodge Data & Analytics paints an encouraging picture for Miami’s new construction marketplace The Miami housing market capped off a strong year of residential investment, according to the latest numbers from Dodge Data & Analytics. Per Dodge Data’s

The 3 Trends Shaping New Construction in 2016’s Market

These three trends illustrate where new construction is heading in 2016 Last week, the U.S. Census Bureau reported that new single-family home sales in 2015 totaled 501,000, a 14.5 percent increase over 2014 that brought new home sales to their

Avatar Real Estate Services Welcomes Chaher Kashlan

Avatar Real Estate Services recently announced that Chaher Kashlan has joined its Miami Beach Office. Chaher started his life in real estate as a luxury waterfront specialist, serving the Miami Beach islands. He holds a Bachelor of Science from the

Redfin Names Miami’s Hottest Neighborhoods

Coral Terrace is Miami’s hottest neighborhood, according to a new report from Redfin citing the area’s relative affordability and strong demand. With a median sale price of $304,000, the Spanish stylings of Coral Terrace homes have become the obvious alternative for

Lennar Corp. Acquires a Home Development Site in Hialeah

Lennar Corp. paid $41 million for a 130.3 acre residential development site in Hialeah. The site is located west of interstate 75 on the north side of Northwest 154th Street and stretches all the way to Northwest 97th Avenue.

Miami’s Top High Schools with the Best Teachers

Homebuyers want to live in a nice neighborhood, and when homebuyers have children, “nice neighborhood” translates to “wherever the good schools are.” Thanks to Niche, providing that information to clients is now easier than ever for agents. In its

Pending Home Sales Rose by How Much?

December was a modest month for contract signings, according to NAR Pending home sales were mostly unchanged in December, but inched forward slightly, fueled by a large increase in the Northeast that outpaced declines in the other three major

Are First-Time Homebuyers Making a Comeback?

First-time homebuyers have been MIA for some time – are they poised for a comeback? The National Association of Realtors reported late last week that first-time homebuyers accounted for 32 percent of existing-home sales in December, which was up

CoreLogic: Distressed Sales Hit Lowest Nov. Since 2007

National distressed sales – including real-estate owned (REO) and short sales – fell 1.9 percentage points in November 2015, pushing the distressed share of total sales to its lowest November point since 2007, according to a new report from

These High-End Grocery Stores Boost Your Clients’ Home Values

According to a new analysis by Zillow, homes within a mile of either a Trader Joe’s or Whole Foods appreciate faster than other homes. Featured in the paperback edition of the real estate marketplace’s book titled, “Zillow Talk: Rewriting

Miami Price Growth the Strongest in the Nation

The latest Case-Shiller Indices offered numerable insights into the nation’s housing market Home price growth continues in the Miami housing market, according to the latest Case-Shiller Home Price Indices from Standard & Poor’s. The latest numbers, which track home prices

Down Payments are Rising in Florida – What Does that Mean for the Market?

Home prices have been on a tear for the past couple years, and new homebuyers trying to enter the market have noticed it becoming pricier to not just buy a house, but even put a down payment on a

Are FICO Alternatives Becoming the Preferred Standard?

After years of heavy reliance on FICO scores, some lenders are now saying FICO’s view is too narrow, focusing too much on past behavior and not enough on consumers’ present circumstances. Alternative scoring systems have become a viable option,

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