We’ve known about the inequalities in Miami housing for some time, as home price appreciation has outpaced wage growth by about 28 percent over the last two years. Redfin’s most recent third-quarter luxury report emphasized the gap between luxury sale

Downsizing is a natural progression in housing we’ve come to expect of older generations, such as the aging Baby Boomers, whose preference for high square footage is diminishing as their children leave the nest and retirement sets in. But

In late August, the Realtor associations of Miami and the Palm Beaches were at odds, trading legal blows over a potential merger between MIAMI and the Jupiter-Tequesta-Hobe Sound Association of Realtors (JTHS). As of Sept. 22, JTHS is officially

October was another month of declining foreclosures, both nationwide and in most major metropolitan areas, a CoreLogic report confirmed this week. Dropping by just over 21 percent year-over-year, the nation’s foreclosure inventory reached a 1.2 percent share this past October,

The economy continues to recover, but Americans’ finances are still stuck in the mud A surprisingly large share of Americans are in a precarious financial state, according to a new, detailed study from The Pew Charitable Trust. For its study,

Celebrity chef and restaurateur Myles Chefetz has recently signed a contract to buy a $3 million townhouse at JMH Development’s Three Hundred Collins. It is the first luxury residential development in Miami by architect Thomas Juul-Hansen. The development will be located at

Prices are rising at a breakneck pace, but it’s not time to panic With record-setting home prices and skyrocketing rents, today’s housing market may seem naggingly familiar, like this might have happened before. Could the current boom result in another disastrous

According to NAR’s 2015 Profile of Home Buyers and Sellers, single women made up 15 percent of the overall homebuying market, as opposed to single men, who only made up 9 percent of the market. In 2013, single women

Americans want their Cuban property. Since the 1960s, when Castro first seized power, that wanting has been a symptom most convinced themselves to ignore, despite filing claims against the country. However, when representatives of Cuba and the United States meet

MMD Realty and Prestige Estate Properties recently welcomed their newest addition: Jim Scandirito as vice president of sales. Scandirito is a luxury market sales veteran, with 20 years of leadership experience. His expertise is in sales, management, business development

ONE Sotheby’s International Realty recently announced the return of Rose Marie Minio as its new global real estate advisor. Her new role will involve leveraging the South Florida market and catering to prospective international buyers. Minio previously lead the sales

Despite adding jobs, November offered more of the same for America’s economy The U.S. economy added 211,000 jobs in November and the unemployment rate held steady at 5.0 percent, according to the latest report from the Bureau of Labor Statistics. November’s

Stiles Realty has hired a new veteran brokerage team to strengthen the company’s focus in the Miami-Dade and Palm Beach County markets. The five real estate professionals are joining Stiles from Adler Realty Services. Collectively, they are responsible for

The housing market continues to struggle despite an increase in high-quality mortgages Even though houses are selling at their fastest rate since 2007, sub-700 credit score buyers are still at the same level they were mid-2010. According to a

In September, distressed sales accounted for 9.7 percent of total home sales nationwide; the culmination of declines that span the past few years, according to CoreLogic. Considering the current pace of distressed sale declines, CoreLogic researchers determined that the

The Mortgage Bankers Association (MBA) announced that loan applications dropped 0.2 percent from last week, according to its Mortgage Applications Survey for the week ending on Nov. 27.  The results included an adjustment for the Thanksgiving holiday; on an unadjusted basis, the