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News / Features

New Fannie Mae Index Finds Homebuyers More Confident in 2015

Fannie Mae’s Economic & Strategic Research Group has launched the Fannie Mae Home Purchase Sentiment Index (HPSI), which provides details about the direction of the housing market. The index reports that in August, the HPSI dropped to 80.0 from 0.5 points,

Avatar Real Estate Welcomes its Two Newest Agents

Avatar Real Estate has welcomed its two newest Realtors, Michael Romero and Sarah Sanchez Castillo, to its South Miami office. Romero has a degree in construction management and focuses on property investments. At Avatar, Romero hopes to further his career goals

Report Finds Miami Homes at High Natural Disaster Risk

Around the nation, the risk of natural disasters varies depending on a number of factors, including geographical makeup and location. In its 2015 U.S. Natural Disaster Housing Risk Report, RealtyTrac found that 35.8 million single-family homes and condos, or

Chef Wolfgang Puck’s Estate Hits the Market

Looking for a kitchen fit for a culinary mastermind? Chef Wolfgang Puck‘s private Mediterranean-style villa in Beverly Hills Flats could be the house for you. The 6,025-square-foot homes offers five bedrooms, seven baths, a courtyard, a pool, outdoor entertainment areas and

MIAMI, JTHS Merger Threatened by MLS Fraud Allegations

Last week, the Realtors Association of the Palm Beaches (RAPB) filed suit against the Miami Association of Realtors (MIAMI) and the Jupiter-Tequestsa-Hobe Sound Association of Realtors (JTHS), alleging the two Realtor groups, which are currently in the process of

Biscayne Beach Condominium Construction Reaches 25th Floor

On Wednesday, Sept. 3, the development team for Miami’s new Biscayne Beach condominium announced that construction had reached the 25th floor of the 52 floor luxury community. The projected date for completion is sometime in March 2016, with delivery

CoreLogic: Miami Home Price Appreciation Speeds Passed Nation’s

Home prices were up again in July, according to a new report from CoreLogic. Year-over-year, home prices, including distressed sales, jumped 6.9 percent nationwide, while excluding distressed prices increased 6.7 percent. The price increases reflect an overall strengthening of

The Battle for Miami Beach: Flood Pumps vs. Climate Change

Every year, heavy rains and high tides force coastal sea levels surrounding South Florida to rise, which result in serious flooding for the Magic City, particularly in Miami Beach. Concern is only growing as the implications of climate change

South Americans Prefer South Florida

Miami has found its footing as a truly international city, attracting buyers and investors from literally around the globe, including heavy interest from China, where an economic crisis is convincing residents to take their money elsewhere. However, despite its

U.S. Housing Market Ready for Interest Hike, Economists Say

Housing is well prepared for higher interest rates, according to a new survey The U.S. housing market is strong enough to stand up to an interest rate hike this year, according to a new Reuters report. The report, which surveyed 22

Miami New Construction Posting Big Gains in 2015

This year is shaping up to be a positive one for new construction in Miami Residential construction spending in the  Miami area was up 88 percent year-over-year in July, and so far in 2015 is 40 percent ahead of where it was last

Tommy Hilfiger’s New York Condo Listed for $75 Million

The Dome Penthouse, Tommy Hilfiger’s New York condo, is currently on the market for $75 million. The Manhattan residence offers 5,655-square-feet of living space, with four bedrooms and four-and-a-half bathrooms on the 18th and 19th floors of the 5-star Plaza

Is Urban Growth Outpacing Suburban Growth?

The 2010s may be on track to change tradition, with cities expanding faster their suburbs for the first time in 40 years, according to the Harvard Joint Center for Housing Studies. According to new research by the Census Bureau,

Pending Home Sales See Small Increase in July

Signings rebound slightly after June’s decline After a negative June, pending home sales saw a small increase in July, according to a report released by the National Association of Realtors. The Pending Home Sales Index (PHSI), a forward-looking indicator

The Silence of the Lambs House Hits the Market

Are you a fan of The Silence of the Lambs? If yes, the house where serial killer James “Buffalo Bill” Gumb starves and skins his victims can be yours for the very low price of $300,000. The three-story Victorian home

Accused Extortionist Tomlinson Lands New Gig in Miami

Last week, the mug shot of Kevin Tomlinson, former vice president of ONE Sotheby’s International Realty, found its way into news feeds after the prominent Miami real estate executive was arrested for allegedly extorting well-known real estate team The Jills. Soon

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