Read Today’s Top Story: Miami-Dade home sales increase again

News / Features

Five Fresh, Vibrant Real Estate Apps for 2015

Here is a list of fresh apps in 2015, all of which benefit agents’ business in intriguing ways. MileIQ: Car and truck expenses are the most claimed tax deduction for small businesses, and few professionals spend more time behind

Newly Formed NAHB Young Professional Committee

The National Association of Home Builders Young Professionals Committee was recently formed to inspire young homebuilding professionals under the age of 45 to become association leaders. New members will be involved in national networking, education and advocacy initiatives. And when filling out an application, the association is recommending

9 Surprising Stats about the State of Housing in 2015

Housing has made considerable progress the last few years, but elements of the downturn still linger. Recently, there have been many promising developments in housing. New construction, for instance, is becoming more affordable, and new home sales are up

Paradise in Washington

Live like you’re always on vacation in this $2.8 million Henry Island, Wash. home. Accessible only by boat, this 2,700-sqaure-foot property features three bedrooms, concrete floors, a 10-foot-long breezeway connecting the living and dining spaces, and radiant heat. With

Mortgage Rates Drop on Weak Jobs Report

Average fixed mortgage rates have lowered following September’s jobs report, according to Freddie Mac’s Primary Mortgage Market Survey. With the 30-year FRM falling from 3.85 to 3.76 percent, average rates have now been below 4 percent for 11 consecutive weeks, while including the

Elysee Condo Structural Design Approved by the FAA

The Federal Aviation Administration has approved designs for Elysee Residences, a condominium tower in every sense. The 57-story, 649 feet tall structure will be a three-tiered telescoping shape with only two units per floor. This allows residents to have a

Survey: Americans Bargain Shop For All Things – Except Loans

LendingTree’s survey reveals that though Americans bargain shop for many things, they do not adequately research financial loans. Out of the 1,024 people surveyed (ages 25 and up), 79 percent of Americans claimed to be bargains shoppers. An overwhelming  83

“Zombie” Foreclosures Still a Problem in Miami

Chicago holds a majority of zombie foreclosures, vacant homes Despite a 43 percent national drop of “zombie” foreclosures, they still remain a problem in several parts of the country, according to a RealtyTrac study. The study, which was looking at “zombie” foreclosures

MBA: Mortgage Applications Increase Dramatically

According to the new Mortgage Applications Survey from the Mortgage Bankers Association, mortgage applications increased 25.5 percent from the week prior. Refinancing activity increased by 24 percent, while purchase mortgages rose by 27 percent. Refinancing comprised 57.4 percent of all mortgage

Miami Beach in Top 5 for Home Sales $10 Million and Up

Miami Beach is the No. 4 luxury housing market in the country for homes $10 million and above, according to the new Coldwell Banker Previews International Luxury Market Report. The report analyzed which U.S. cities had the highest number of

Is Miami’s Rental Market Cooling Off?

The rental market in Miami has been red-hot for some time now, but is it finally tapering off? And what would that mean for homeownership? The average rent in Miami’s housing market is $1,233, and the area’s rental growth seems to be

Egypt Meets Chicago Suburb

One man turned his dream into a reality in 1977, building a pyramid shaped home in Wadsworth, Ill. The property, known as The Gold Pyramid, is built on a concrete island, surrounded by a moat and guarded by multiple sculptures, including

CoreLogic: Miami Prices Surge Past National Pace in August

Sales continued their strong march forward in August, as CoreLogic reported both year-over-year and month-to-month increases. While the extent of home price gains varied often and sometimes greatly from metro to metro in August, the national direction has remained

China’s Economic Strife May Be America’s Gain Says AREAA Chair

China is currently steeped in economic turmoil, and its tumbling stock prices and overinflated real estate market have industry professionals asking the question: How will this affect the U.S. real estate market? The answer has major implications for agents, brokerages

Mandarin Speaking Buyers Lead in Paying Cash

According to RealtyTrac and Ethnic Technologies, the share of Mandarin Chinese-speaking buyers paying in cash has increased to 46 percent in 2015, a 229 percent increase from 2005. This increase puts Mandarin Chinese in the lead in terms of cash sale market share

Miami Homeowners Among Nation’s Top Housing Spenders

Every month, the Miami Association of Realtors releases its monthly sales report, which highlights the area’s housing happenings, and prominently featured among the staple data is home prices. Despite single-family homes increasing in price in 50 of the last

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