News / Features

CoreLogic: Are Miami Home Prices Too High?

In September, single-family home prices, including distressed sales, jumped 6.4 percent year-over-year, according to CoreLogic. For more than a year, national home prices have followed a steady, upward trajectory toward long-term stability. CoreLogic Chief Economist Sam Khater described the last 15

Cuban Real Estate Rush: Too Much Too Soon?

There’s been a lot of political posturing as of late, with partisan pundits and presidential candidates butting heads over everything from tax strategies to affordable housing, but one issue that, surprisingly, has remained largely left out of the conversation is

Fannie Mae to No longer Require Pay Stubs

Fannie Mae opts to use database for those without credit score Fannie Mae will no longer require physical pay stubs and tax data to verify a borrowers’ ability to handle a loan, according to The Wall Street Journal. Instead, Fannie

Privé Estates Granted Full Vertical Building Permit

Privé Developers has received the necessary permits to begin Privé at Island Estates, which will be located on an eight-acre island in Dumfoundling Bay between Sunny Isles Beach and Williams Island. Privé at Island Estates was recently ranked No. 1

Residential Construction in Miami Posting Big 2015 Gains

As 2015 draws to a close, how has residential construction activity in Miami compared with the previous year? Residential construction spending in Miami totaled $312 million in September, according to new Dodge Data & Analytics numbers. Although that is down a remarkable

Miami Third Most Popular U.S. City for International Buyers

Miami was the third most-searched U.S. city for international buyers, according to realtor.com International. The countries that most frequently searched for Miami were Germany, Brazil, Mexico, France, Italy, the Netherlands, Spain, the Russian Federation, Sweden, Turkey, the United Arab

4 Miami ZIP Codes Average 60+% ROI on Flipped Homes

Though we’ve moved past the golden years of flipping that followed the housing market’s collapse in 2007, as the market returns to a stable posture – consistent price increases included – the practice of flipping is regaining some of its

Freddie Mac CEO: Expect More Low Down Payment Mortgages

The Federal Housing Finance Agency and Freddie Mac are ready to uphold their pledge from last year to extend lending to borrowers who do not qualify for traditional loans. Freddie even hinted that more low down-payment loan programs could possibly

Miami Renters Most Cost Burdened

For nearly a decade, the nation’s homeownership rate has been in decline. Since 2004, when homeownership peaked at 69 percent, the rate has fallen nearly 6 percentage points down to 63.7 percent in the first quarter of 2015, according

Pending Home Sales Decline for Second Straight Month

Housing continues to slow in 2015 Pending home sales were down 2.3 percent from August to September, according to the latest report from the National Association of Realtors. Closing out the month at 106.8, the Pending Home Sales Index

Brickell Flatirons Hires Italian Designer Massimo Iosa Ghini

The CMC Group has hired the renowned Italian designer Massimo Iosa Ghini to decorate the interior of the Brickell Flatirons. Iosa Ghini founded Iosa Ghini Associati and the Bolidismo Group in 1985. Iosa Ghini has done designs for commercial, residential, public and

Why are Builders Constructing So Few Homes?

Single-family home starts are far below the long-term median – why? Builder confidence has posted repeated year-over-year gains in recent months, but the amount of single-family housing starts is not rising to match their confidence, according to a report by The Wall

More Brazilian Buyers Are Looking At Miami

The Miami Association of Realtors released its report on international web searchers today, and, as has been the case for 14 of the last 15 months, Brazil ranked as the top foreign nation using Miamire.com. In Aug. 2015, Miami

Has the FHA’s Attempt for More Affordable Housing Backfired?

The FHA’s reduction in insurance premiums may have led to a surge in demand The Federal Housing Administration’s effort to provide relief for homeowners through lower insurance premiums may have backfired, according to a MarketWatch report. The change, which went into effect

Miami No. 3 on List of Best Cities for Real Estate Investing

According to the BiggerPockets Real Estate Investment Market Index, Miami is third on the list of best cities to invest in real estate. For the index, BiggerPockets ranked the most profitable areas in the country for investors, analyzing such metrics as

3 Big Obstacles to the Housing Recovery

Do these economic trends pose problems for housing’s future? America’s housing market is at a crossroads. In addition to the usual real estate entities that impact its progress – Realtor associations, homebuilders, lending institutions – housing is also privy to the wider

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