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News / Features

The Top 6 Reasons that Homes Do Not Close

What are the most common reasons for why homes do not close? From financing issues to disagreements over the final sale price, there are many possible reasons for why a house did not close, so we decided to take a closer

Preconstruction Condo Sales Help Lead Miami to a Fruitful September

Miami posts strong sales numbers in September – no sign of slowing down. It was a surprising August for Miami, with condo prices dropping and sales activity slowing, but September proved a resurgence for the sunshine state’s hottest market,

Living in (Single) America

Americans love being single, according to new Census Bureau data, and that trend will likely impact housing in noticeable ways. For the first time since the government began tracking such statistics in 1976, there are more single adults in

Fannie and Freddie to Allow 3% Down Payments on Mortgages

Fannie and Freddie are close to lowering their down payment requirements for borrowers. Fannie Mae and Freddie Mac, the government-sponsored entities (GSE) that guarantee the majority of the nation’s prime mortgages, are nearing an agreement that would lower their

Your Mind on Multitasking

Today’s agent doesn’t look busy unless they’re multitasking. Unfortunately, that frantic lifestyle may be hurting their brains. A smartphone in one hand, tablet in the other, Bluetooth in the ear and a laptop in the car seat – the

Fortune International Group Closes on Construction Loan for Jade Signature Condominium

On Sept. 26, Fortune International Group closed on a construction loan of up to $284 million from HSBC to develop Jade Signature, a luxury condominium development in Sunny Isles Beach. Jade Residences at Brickell Bay and Jade Beach precede

Mast Capital Acquires Prime Development Site for Mid-Beach Condos

Mast Capital has added to its rapidly expanding portfolio of South Florida properties with a 1.87-acre property at 4000 Alton Rd. in mid-Miami Beach. The transaction closed on Oct. 3, but no purchase price was disclosed. Mast Capital is a value-oriented real

O Residences Announces Partnership with Carefree Boat Club

S2 Development, along with its joint venture partner BHLK US Investments, finalized its relationship with Carefree Boat Club, a premier boat club operator and membership club in the United States and Canada, and its development in Bay Harbor—O Residences.

The Real Deal to Host First Annual South Florida Real Estate Forum and Showcase

The Real Deal announced that it will be hosting the first annual South Florida Real Estate Forum and Showcase on Thursday, Oct. 23 from 12:00 – 6:00 p.m. at the Moore Building in Miami’s Design District. The publication is the go-to source

7 Important Things You Should Know About New Construction

The new construction markets are in a very interesting place, a fact reinforced by the latest Census Bureau numbers. Housing starts in September were at a seasonally adjusted annual rate of 1.017 million, a 6.3 percent increase from August’s revised

The Related Group’s Rapidly Converting ONE Paraiso Reservations to Contracts

The Related Group is quickly turning reservations for residences at ONE Paraiso by Piero Lissoni, the second of four planned luxury condominium towers taking shape in Related’s urban enclave, into contracts, with 90 percent of reservations successfully converted in six weeks.

New Mortgage Rules to Be Finalized Oct. 22

Three years later, the government is finally set to reveal its new requirements for mortgages, and much has changed in the interim. The government is set to finalize the final piece of its post-bubble mortgage regulations on Oct. 22,

Douglas Elliman’s Third Quarter Report Reveals Market Slowdown

Douglas Elliman’s third quarter market report shows a slow down, which, as it turns out, is probably a good thing. On Wednesday, Douglas Elliman’s South Florida brokerage released its third quarter market reports for the Miami, Fort Lauderdale and

Owning in Miami Considerably More Affordable than Renting

When conditions are right, owning in our area is much more affordable than renting. Homeownership in the Miami area remains 40 percent more affordable than renting through 2014’s third quarter, according to a new analysis by Trulia; that’s slightly above

Cash Sales Report Shows More Investors Leaving

Cash sales are down, which means good things for hopeful buyers needing mortgage financing. Earlier this week, CoreLogic released its July cash sales report, finding that investors are continuing to flee the market, paving the way for buyers more

Number of Women-Owned Real Estate Firms Soars

Women have always played an important role in real estate, and new numbers show their prominence has only grown. The number of women-owned firms in real estate has grown by 41.4 percent in the last 12 years according to

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