What was the deal with our local new construction marketplace last month? February proved a lukewarm month for residential new construction in the Miami area, according to new numbers from Dodge Data & Analytics. For the month, residential construction in Miami totaled

We all know that the economy has improved in recent years, but we also know (and with similar levels of confidence) that there remain considerable hurdles for many Americans in today’s economy. Take a look through our informative graphic

Construction of a new development in Overtown promises a much-needed lift for one of the city’s poorest neighborhoods.   A new construction project in Miami’s historic Overtown neighborhood ceremonially broke ground on Wednesday, March 18, as part of a

Figures from both national and local Realtor associations paint a very clear picture: Miami is a popular destination. The important role the Internet plays in today’s homebuying process is a worn out observation, but that doesn’t negate its relevance.

We all know the Internet is prominent, but there are interesting details to how homebuyers search for homes nowadays. It’s no mystery that the Internet is the defining conduit for real estate today, but NAR’s Home Buyer and Seller

Everyone should be concerned about rising levels of inequality – especially residential real estate professionals. The Brookings Institution just updated its data metrics on inequality in the U.S.’ largest metro areas, and the results are – to put it

Sure, new home sales were up in February, but there’s much more than meets the eye. On the surface, it looks like February was a very positive month for sales of newly built single-family homes. According to the latest

Brickell City Centre’s REACH construction team recently celebrated the completion of the final premier luxury condominium tower at the $1.05 billion master-planned, 5.4 million square-foot, mixed-use development. At the ceremony, Stephen Owens, president of Swire Properties, which oversees sales at the condominium, addressed

Strong February numbers represent a healing market. But is it healing too much, too fast? February proved yet another fruitful month for the Magic City, with single-family home sales registering double-digit gains and median sales prices continuing their three-year

NAR’s report found existing-home sales improved in February, but those gains were offset by skyrocketing home prices. Existing-home sales increased modestly in February, a report from the National Association of Realtors discovered, but shallow inventories across the country are

The single-family home market for new construction has trended towards affluence, and so has the rental market. The last couple months, we’ve been reporting with regularity on how our nation’s issues with inequality have manifested themselves in new construction,

For four decades, RESPA and TILA have run parallel to each other. On August 1, 2015, they’ll be consolidated, and the changes will be significant. In 1974, in an effort to stop widespread corruption in the housing industry, Congress

Sure, negative equity has improved overall, but what of properties on the lower-end of price spectrum? Though 19 percent of mortgage properties in Miami remain in negative equity, that pales in comparison to the 33.6 percent of properties in the metro area’s

Could the removal of one word mean that mortgage rates are set to increase in 2015? Believe it or not, the future of mortgage rates in the U.S. housing market could hinge on a single word. Back in December,

Chris Tello, SFR, has been elected as the MIAMI Association of REALTORS’ 2015 President of the Broward Board of Governors.  The Broward Board of Governors is dedicated to leadership in the Association, the Real Estate profession, and the communities they

Homeowners are benefiting from rising home prices that improve equity, but that doesn’t mean negative equity still isn’t a problem. Equity continued building in the fourth quarter of 2014, CoreLogic’s newest report concluded, showing that by year’s end, 1.2