News / Features

Should Agent Commission Splits Be Public Record?

Agents never publicly disclose their splits, but should that change? Howard Schultz, the famed CEO of Starbucks, recently proclaimed that “the currency of leadership is transparency,” and his comment snuggled up quite nicely with what is a new trend

NAR Spends Millions for Washington Lobbyists

Last year NAR outspent some of the most influential companies and groups in the U.S. Was it all for influence? In 2014, Koch Industries, capital generator for the infamously influential Koch brothers, shelled out nearly $14 million in lobbying

In Miami, Mortgage Applicants Denied Nearly Twice the National Averages

Minority groups have a harder time accessing mortgages in the U.S., including here in Miami. In the Miami metro area, 21.2 percent of mortgage applicants are denied in their quest for conventional mortgages, according to a new analysis from Zillow; that’s not only substantially

Florida Foreclosures Falling; Still Above National Levels

Foreclosure activity in 2014 ended well, but pockets remain in dire straights. To cap off 2014, the national foreclosure inventory continued deflating, falling a staggering 34 percent year-over-year, according to CoreLogic’s newest foreclosure report. As of December, the nation’s

RealtyTrac: A Rise in Zombie Foreclosures a “Good Sign”?

Hundreds of thousands of homes have fallen into zombie foreclosure, RealtyTrac says, but it might not be the worst thing ever. In RealtyTrac’s recently released Q1 2015 Zombie Foreclosure Report, the real estate research company discovered that of the

Miami Begins 2015 with Modest, Realistic Price Gains

Miami did not set the world on fire with its rise in asking prices, but that’s perfectly fine Asking prices in Miami began 2015 on a sound note, according to the Trulia Price Monitor. Though prices were up a healthy 11.3 percent year-over-year

Avatar Real Estate Services Welcomes Sari Ploshnick to its Luxury Real Estate Brokerage

Realtor Associate Sari Ploshnick has joined Avatar Real Estate Services’ Miami Beach office. Sari brings an incredible resource to the Avatar Team as a highly motivated entrepreneur with the proven skills to develop, grow and successfully manage a sales

The Temple House in South Beach listed for $19.9M

The Temple House, a synagogue turned single-family home in South Beach, is on the market again for $19.9 million with Susan Gale of ONE Sotheby’s International Realty as the listing agent. The 13,111 sq. ft. space at 1415 Euclid Avenue is the

New Luxury High Rise Condo Development to Rise in Miami Beach

Plaza Construction and 4701 North Meridian, LLC (Lionheart Capital & Elliot Management Corporation) have partnered with Power Design, Inc. on the construction of Ritz Carlton Residences Miami Beach. The 126-unit high rise luxury condo development in Miami will include two 24-hour

Do the Seasons Really Make a Difference in Miami Real Estate? Not Really

One may think that warmer months are better for selling homes, but the data tells another story. What if we were to tell you that it really makes no difference when you list your client’s home, in terms of

3 Highly Positive Details in the Government’s New Jobs Report

There were some very positive things to report in the government’s latest job numbers. The U.S. economy started out 2015 with a bang, adding 257,000 jobs in January, according to the latest report from the Labor Department. Of course, there

Multifamily Construction Comprises Huge Share of Miami New Construction

We’ve covered multifamily ascendence before, but this is the most telling statistic of all. Earlier this week, we reported on two facets of new construction: first, that overall construction spending in Miami grew by hefty amounts in 2014; and second,

The 3 Important Characteristics of Today’s First-Time Homebuyers

What is the marital status of the typical first-time homebuyer? What are the demographics? And finally, how have those stats changed in recent years, and what does America’s ever-diversifying landscape suggest? To find out, see our infographic below, which

Are Lending Standards Looser For Refinancing Than For Purchasing?

Last week, we reported that lending standards have see-sawed up and down the spectrum the last few years, but does that trend change at all when we look at the separate lending standards for refinancing and purchasing loans? Once

Affordability Evaporates as New Construction Trends Towards Affluence

We reported last week that in 2014, the median sales price for a newly built single-family home set a new record, closing out the year at $283,600. That’s not only 5.5 percent above 2013, but also a whopping 28.3 percent

Business in Cuba: Finding the Pearl of Antilles

Cuba is opening for business. Is the U.S. ready? The gates to Cuba have opened, pushing aside more than 60 years of animosity with the West for the promise of a more profitable century. The announcement came earlier this

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