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It Takes Just 2 Years to Break Even on a Miami House – With Big Conditions

It takes a very short amount of time to break even on a house nationwide, but such privileges come with significant conditions. It takes just 1.7 years to break-even on a mortgage in Miami, meaning the point at which the total

5 Troubling Signs of Consumer Uncertainty in Housing and the Economy

Despite recent improvements, there remain considerable uncertainties for consumers when it comes to housing and the economy. Everywhere you look, nowadays, there seems to be a new study or report proclaiming good news about both housing and the greater

Home Price Growth Far Outpacing Wage Growth in Miami

Sure, home prices are rising, but is that really a good thing, other economic indicators considering? Home prices have grown faster than wages in 76 percent of U.S. housing markets in the last two years, and Miami – where home

Significant Barriers Remain to Real Estate Development in Cuba

South Florida developers want at Cuba, but is there enough land to support their ambitions? The promise of stronger relations with Cuba has South Florida developers salivating, but a misunderstanding of the country’s government and economic traditions may have

2015 Who’s Who in Miami Real Estate
CoreLogic: Florida Inventory Drives Price Gains

Moderate home price gains in February suggest the market may be stabilizing. Home prices continued their strong ascent in February, according to CoreLogic’s newest Home Price Index. Including distressed sales, home prices climbed 5.6 percent from the same time

Transit and Real Estate: The Importance of Moving Forward

Miami is ranked as one of the world’s most congested cities. What are the options? Miami is in a state of positive flux, where building is helping the city transition from an appealing American vacation destination to one of

The 5 Things You Should Know About the New Jobs Report

Did job growth slow in March, or continue on its strong, steady path? The Labor Department announced earlier today that the U.S. economy added 126,000 jobs in March, which not only ends a 12-month streak of 200,000-plus jobs added,

Miami’s Rental Market Continues to Shine

It’s been common knowledge that Miami’s rental market is growing strongly, but is that still the case? For some time now, Miami’s rental narrative has been remarkably consistent, one of rising rents and high demand. Did that trend continue in 2015’s first quarter, though?

Coldwell Banker’s The Jills® List $11.75 Million 
Venetian Skyline “Penthome”

Coldwell Banker’s The Jills recently listed an $11.75 million skyline penthouse owned by global real estate visionary and marketing doyen Louise M. Sunshine. Situated in the popular Sunset Harbor/Venetian Island area of Miami Beach, the new and completely rebuilt two-story

Location, Location, Location: A New Mantra

A new study from Logwood University attempts explains the relationship between an agent’s effort and the property’s location. A new study from Logwood University in Farmville, Va. is emphasizing the importance location plays in the home selling process, but not

Will Rising Rents Finally Push Millennials to Buy?

Could sky-high rents be the final push Millennials need to buy a house? Record-low home prices and historically low mortgage rates have not been enough to entice Millennials to buy homes, but now analysts have struck on another economic

Case-Shiller Finds Miami Home Prices Soaring

Home prices in Miami are growing, and at a rapid rate. Miami home prices posted lukewarm numbers in the latest Case-Shiller Home Price Indices, which looked at data from Dec. 2014 to Jan. 2015. From December to January, Miami prices were

4 Surprising Details on How Buyers Finance Their Home Purchase

Today’s home financing landscape, thanks to the economic downturn and other factors, is hardly straightforward. Of all the area’s of the homebuying process, the financing stage could very well be the most complicated. After all, it’s one thing to

Real Estate Tech: A New Measure of Quality?

A new survey from Redfin shows a shift in how consumers are approaching the agent selection process. It’s a new world in the wake of the financial crisis, a new survey from Redfin shows, one where tethers to quality have

Low Mortgage Rates Boost Pending Sales to Highest Level Since June 2013

Pending home sales are at their highest mark in nearly two years, and all because of one thing. Pending home sales in February rose to their highest mark since June 2013, according to the latest Pending Home Sales Index

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