News / Features

NAR’s Pending Home Sales Report Tells a Bigger Story

Contract signings are down late in the year but still above average. The latest Pending Home Sales Index report from the National Association of Realtors showed a slight dip in pending home sales in October. Still, levels remain healthy

The Most Worrying Economic Trend for the Housing Market

One aspect of the economic recovery could haunt the housing market far beyond its current cycle. Seven million is a big number, and unfortunately –for both the housing market and the wider economy – it’s attached to a remnant of the Great

Newly Built Homes are 50% More Expensive Than in 2010

Everybody wants a new home, but fewer people will be able to afford them at this rate. Newly built single-family homes are extremely expensive. That was the big takeaway from the latest new home sales report from the Census

If Homebuilding is Flat, Why are Builders So Darn Confident?

It would appear to be a glaring contradiction in the nation’s housing market, but a bit of flip-side thinking immediately clears things up. The HMI, the NAHB’s measurement of builder confidence, rose yet again this month, jumping four points

ArX Solutions Helps Brokers and Developers See the Future

It’s a small spark that lights the winding path to the future, and every industry, whether real estate or retail, is chasing that flicker, hoping to grab hold before someone else. With the announcement of ArX Solutions’ new 3D

Midtown to Gain Many Firsts in New Condominium Development

Many firsts are coming to Midtown, a Miami neighborhood that struggled as a result of the housing crash, as Dezer Properties LLC, the Related Group and hotel management firm sbe prepare to break ground in 2015 on a new

$20 Million Blue Diamond Penthouse is Largest on the Market

A $20 million Miami Beach penthouse has just hit the market, making it the largest Miami Beach penthouse currently on the market. Previews® Property Specialist William P.D. Pierce has co-listed the penthouse with Meylin Rodriguez and Alex Gomez, who

Opera Tower: A Luxury Condominium in Downtown Miami

Downtown Miami is gaining another luxury condominium in the Opera Tower, a 56-story development overlooking Biscayne Bay. The mixed-use tower affords residents some of the most amazing views in Miami with prices at starting at $270,900. The development has

Fortune International Group’s Fernando de Nunez Named Director of Sales at Opera Tower

The Vice President of Fortune International Group’s International Division, Fernando de Nuñez, has been named as Director of Sales for Opera Tower, a luxury, 56-story condominium overlooking Biscayne Bay in Downtown Miami. Mr. de Nuñez will be responsible for leading

Miami Home Prices Defy National Trends in Latest Case-Shiller

While home prices slow nationwide, they just keep on increasing in our metro area. Exceeding expectations was the name of the game for home prices in the Miami housing market, which in September rose 10.3 percent year-over-year and 0.6 percent from August, according

Forget Home Sales – This is Housing’s Most Encouraging Trend

Sure, existing-home sales were up, but there was another side of NAR’s report that suggested even better things for housing. Last week, the National Association of Realtors announced that existing-home sales in October posted their first yearly increase in

Auction.com/Google’s First NowCast Predicts Strong Nov. Market, though Challenges Remain

Google’s first foray into housing data has yielded some encouraging – albeit sobering – numbers for the housing recovery. Earlier this month, we reported that Google and Auction.com were diving head-first into the real estate data game with NowCast,

Improving Sales Convince Miami Homeowners to Sell

Increased sales activity has reinvigorated homeowners, convincing many to sell. Strong demand and a willingness, if not an eagerness, to buy is helping Miami sellers regain confidence and further alleviate the long-standing inventory shortage that has crippled the local

How Homebuyers Search for Their Homes – 4 Important Trends

The manner in which prospective homebuyers search for residences suggests very interesting things about the housing market. About a month ago, we reported on what has been a radical upheaval to how real estate functions: 43 percent of homebuyers

Report Reveals 4 Pieces of the Mobile App Puzzle

The popularizing of smartphones introduced the world to the mobile Internet, but now apps have overtaken Web usage. Though smartphones are a relatively new innovation in the longer and more encompassing transition into digital, which started with the introduction

New Construction Falls in October on Volatile Multifamily Sector

As has been the case for some time now, the residential construction market rose and fell on the strength of multifamily housing. Residential construction saw disappointing numbers in October, and as has been the case during the whole housing

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