News / Features

Marina Palms Yacht Club & Residences Closes on $87M Construction Loan

Believed to be the largest construction loan made so far this year to a South Florida condominium developer, Marina Palms Yacht Club & Residences recently closed on an $87 million loan to fund construction of its second condominium tower.

Opulence International Realty Welcomes Leanna Kelly to Sports and Entertainment Division

Opulence International Realty (OIR), the prestigious real estate brokerage firm in South Florida, recently welcomed Leanna Kelly as a Sales Associate to their Sports and Entertainment Division. Kelly previously worked for RMP Group where she was the Director of Marketing

Douglas Elliman Continues Expansion with Fort Lauderdale Office

National brokerage Douglas Elliman continues to expand with the official opening of its new Fort Lauderdale office, located at 450 East Las Olas Boulevard. In an effort to expand around the region, this opening brings the total to 9 offices

Miami New Construction Begins 2015 in Strong Way

The new year is always a precarious time for the new construction marketplace. Residential construction spending in the Miami area was just above $362 million in January, a strong 16 percent increase from Jan. 2014, according to new numbers from Dodge Data

Americans Stuck Worrying, Not Buying

A new survey from The Pew Charitable Trusts provided insights into why Americans are hesitant to enter the housing market. Set to the backdrop of 2007’s financial tempest, 2014 was comparably a good year for many American families. However,

Gloria and Emilio Estefan’s Star Island Mansion Listed for $40M

The 1.34-acre “Nena’s Villa,” a Star Island mansion owned by Gloria and Emilio Estefan, was just listed for $40 million. Built in 1940, the estate at 1 Star Island Drive in Miami Beach was last sold in November 1993

Florida Home Prices Post Moderate Increases in CoreLogic Price Index

The latest price index from CoreLogic covered home prices through January. Home prices in the state of Florida rose 6.5 percent year-over-year in January, according to the latest Home Price Index from CoreLogic; when distressed sales were excluded, that increase jumped

New Construction Wavers in January, But Long-Term Trends Highly Positive

January may have seemed like a disappointing month of construction, but a deeper look at the trends reveals much to smile about. Overall construction spending in January was at a seasonally adjusted annual rate of $971.4 billion, according to the

Pending Home Sales Hit Highest Mark in 18 Months

Pending home sales shot up in January, suggesting positive numbers down the road. Pending home sales hit their highest level in 18 months in January, according to the latest analysis from the National Association of Realtors. The Pending Home

What Qualifying Income Does Your Clients Need to Buy in Miami?

In the end, buying a home all comes down to dollars and cents, and Miami’s qualifying incomes differ in interesting ways with the rest of the U.S. To qualify for a mortgage on a 5 percent down payment, Miami homebuyers

CMO-less Century 21 Releases 2015 Strategy

Century has been without a CMO for months, but the company is still moving forward with an eventful 2015 strategy. It has been five months since Century 21’s Chief Marketing Officer Bev Thorne parted ways with the company, and

What Do Single Men, Single Women and Married Couples Value in a Home?

When it comes to a home’s features, does one’s gender/relationship status impact how they prioritize the features? Walk-in closets, new kitchen appliances, nine-foot ceilings, single-level living – all are distinctive features to a home, and research from NAR suggests

Another Sign That First-Time Buyers are Missing in Action

First-time homebuyers are a scarce bunch, these days. Just when it seemed that the news on first-time homebuyers could not get any more distressing, here comes a new report from RealtyTrac to pour salt on the wounds. In short,

3 Important Trends in New Construction Housing

It’s a whole new world out there for new construction, as stunning stat after stunning stat drives home. The Census Bureau’s latest report on new single-family home sales is out, and its findings, at least on the surface, were

Miami-Dade Saves More by Refinancing

SmartAsset evaluated refinancing around Florida and the country to find that Miami residents are saving more. In Miami-Dade County, Miamians are saving more each year on mortgage refinancing than anywhere else in the state, an analysis from SmartAsset, a personal finance

Zillow Wins the Battle – Move is Ready for the War

A California judge granted Zillow’s temporary restraining order to keep ListHub data flowing to Trulia. But will they win the case?   The verdict is in – at least for now – and until March 12, a California judge ruled

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