News / Features

Miami’s Skyline in 2030

There are plenty of high-rise developments going up around Miami, but only a select few will contribute to shaping the city’s skyline over the next 15 years. Thanks to luxury creative and branding agency Visualhouse, we’re getting a brief glimpse

Vertical Construction is Underway at Aria on the Bay

After months of laying foundation and piling work, vertical construction is officially underway at Melo Group’s Aria on the Bay condominium development. In November, almost 1000 trucks completed a concrete foundation pour of more than 8,000 cubic yards of

Miami Association of Realtors Wins Platinum Award for Global Achievement

For the 5th consecutive year the Miami Association of Realtors has won the NAR Platinum Award for Global Achievement. The Platinum Award is the highest honor awarded by NAR, and Miami is the only city to win this award continuously

Douglas Elliman’s Newest Office in Wellington is Now Open

Douglas Elliman has announced the opening of the firm’s newest Wellington office at the Palm Beach Polo and Country Club. Wellington makes the brokerage’s 16th office in the South Florida market. Don Langdon will be in charge of the new office

Is the American Middle Class Disappearing? 4 Stats to Consider

Where does America’s middle class stand financially? New analysis from the Pew Research Center explains The U.S. middle class, which has long defined the country’s economic prosperity, is no longer the majority of Americans. That eye-grabbing finding came courtesy of

November a Universally Strong Month for New Construction

It was a month of thanksgiving for the nation’s homebuilders November offered U.S. homebuilders many reasons to give thanks, with permits, starts and completions all in positive territory. According to the latest report from the U.S. Census Bureau, building

How the Construction Sector will Help Lead Job Growth Over Next Decade

New projections from the country’s Bureau of Labor Statistics forecast big job gains for the construction sector over the next decade and emphasize the growing importance of environmentally conscious building. Over the 10-year period beginning in 2014 and ending

How will Buyers React to the First Interest Rate Hike Since 2008?

The federal funds rate will rise by 0.25 percent The Federal Reserve announced today that it will raise the federal funds rate, the key interest rate that influences mortgage, auto loans and other forms of financing, by 0.25 percent. Additionally,

Bijou Bay Harbor Appoints Eduardo Pruna as Sales Director

Bijou Bay Harbor has recently announced Eduardo Pruna as the new sales director; the announcement was a collaboration with Crescendo Real Estate for its new waterfront development in Bay Harbor Islands. Pruna and Ivan Ramirez (president of Crescendo Real

CoreLogic: Miami Homeowners Have More Equity in Q3

Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic. On Sept.

Homebuyers Increasingly Seek One-Stop Home Shopping

One-stop shopping offers benefits to homebuyers, but they still want agents’ help Fifty percent of recent homebuyers used one source, or one-stop shopping (OSS), to procure homebuying services, according to a National Association of Realtors survey. That is compared to 29 percent

More than 22 Years Needed to Save for a Down Payment in Florida

America sees a range of three to 26 years to save for a downpayment, depending on the state It takes 22.64 years for an average first-time homebuyer to save for a down payment on a new home in Florida, the

NAHB: Builder Confidence Drops Slightly in December

Builder confidence in the market for newly constructed single-family homes remained relatively flat in December, dropping one point to 61 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). David Crowe, the NAHB’s chief economist, said past

What Size Homes Do Consumers Want in 2015?

What is the preferable home size? The median size for homes purchased in 2015 was 1,900 square feet, according to the 2015 Profile of Home Buyers and Sellers from the National Association of Realtors. Beyond that median, though, NAR uncovered

How Have Fannie Mae’s 3% Mortgages Affected Housing?

Fannie Mae’s 3-percent down-payment policy was met with praise and skepticism in equal parts, but how has it impacted housing? It was last October when Fannie Mae announced that, in an effort to broaden credit access, it would lower its

How Do American Driving Habits Affect Real Estate?

Although it’s still far from its pre-recession peak, car transportation is up There has been a significant increase in the number of Americans driving, according to a report released by Doug Short of Advisor Perspectives. The report looked at the estimated

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