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

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CoreLogic: Half of Miami Sales Still Cash

CoreLogic released June cash sales data this week, which showed that cash continues to trickle out of the market. Nationally, cash sales made up 31.3 percent of total home sales in June, down from 33.9 percent the same time

Boehner Announces Departure, Housing Industry Doesn’t Notice

As the era of House Speaker John Boehner (R-Ohio, 8th) comes to a close, we’re looking back on the legacy of the chamber’s 61st speaker and the Ohio native’s history with housing policy. As minority leader in April 2008, when the

The Buckingham Home to Royalty

Many wealth public figures own property in Chicago, and Queen Elizabeth is now amongst them. The Queen recently purchased a three bedroom, three bathroom condo in The Buckingham for $1.575 million with the help of real estate agent Steve

Baby Boomers are Forming the Most Households

Despite more Millennials entering the market, baby boomers still lead Baby boomers made up the majority of new households formed in the beginning of 2015, according to a report released by the National Association of Realtors. The report, which

3 Important Facts About Eco-Conscious Homebuyers

Green construction is growing faster than conventional construction. It currently provides 2.3 million jobs and $55 million in residential construction spending, which is expected to grow by $45 million by 2018. The homebuyers driving that growth are becoming increasingly eco-conscious, and the National Association of

Miami Home Prices Post Strong Gains

Did the latest Case-Shiller present more of the same for housing? Home prices in the Miami area were up 0.4 percent from June to July and 7.3 percent from July 2014, according to the latest Case-Shiller Home Price Index from Standard & Poor’s.

$166.1 Million Loan Awarded to SLS LUX Brickell

A $166.1 million construction loan has been granted to SLS LUX Brickell Hotel and Residences from  the TPG Real Estate Finance Trust. The loan will be given to AMCO PRH 801 South Miami Avenue, which will include The Related Group and The

After July Gain, Pending Home Sales Drop in August

July’s rebound short-lived as pending sales fall Pending home sales dipped in August again after a mild resurgence in July, but still held over last August for the twelfth consecutive month of year-over-year gains, according to a report released by the

4 Key Trends in New Construction Today

New home sales were up in August, but is that a sign of a strengthening market? In August, new home sales rose 5.7 percent month-to-month and 21.6 percent year-over-year to a seasonally adjusted annual rate of 552,000, according to

Slippin’ and Slidin’ at Home

Most people use stairs to get from one floor to the other in their home, but Scott Jones’ family depends on something else: a 28-foot mahogany slide. According to Jones, a 54-year-old entrepreneur from Carmel, Ind., he likes for

Reservations Converted to Contracts for Gale Boutique

Newgard Development Group has announced that reservations have been converted to contracts at its new Gale Boutique Hotel and Residences at 2900 Riomar St. and 410 Bayshore Dr. in Fort Lauderdale Beach. Construction of the $120 million project is

Homebuyers Worried About Affordability, Not Interest Rates

An interest rate hike is not a concern to buyers Buyers are more concerned about affordability, competition and inventory than an interest rate hike, according to a Redfin survey of 3,577 buyers done in late July. Only 5 percent of the

Americans Optimistic About Job Market, Pessimistic about Economy

Gallup polls a mixed bag of job market confidence, lack of confidence for economy Forty-five percent of Americans believe it is a “good time” to find a quality job, up six points from last month, according to a new Gallup poll.

Hispanic Women Becoming Powerful Housing Demographic

For decades, white buyers have largely dictated the direction of the housing industry. That may soon change, though, as a recent survey from Better Homes and Gardens Real Estate and the National Association of Hispanic Real Estate Professionals found

Housing Cost Burdens Will Only Worsen Over Next Decade

One in four renters is severely rent burdened Based on current trends of rent gains outpacing incomes, the number of severely burdened renters could increase by up to 25 percent by 2025, according to a study published by the Joint

Florida has the Sixth Most Unfair Tax System in the U.S.

Florida has the sixth most unfair tax system in the country. That was one of the findings in WalletHub’s application of a nationally representative survey to rank which states had the most and least fair tax systems. The survey reflected what

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