We all know that higher interest rates lead to larger mortgage payments, but the impacts differ substantially across the nation’s metro areas. #467982755 / gettyimages.com It’s one of the essential truisms in real estate – higher mortgage rates equal

Any agent will tell you that selling an investor on an entire real estate market is a much more complex process than selling an individual property. Though you work hard in both circumstances, making clients see the potential of

Housing is still the biggest overall reason for moving in America, but what are the specifics behind those moves? #183748163 / gettyimages.com Nearly 36 million people moved in the United States between 2012 and 2013, and housing was the

Asking prices grew all over the nation in July, but they showed particular strength in our metro area. #470620827 / gettyimages.com Asking prices in the Miami metropolitan area rose 14.1 percent year-over-year in July, according to the latest Price Monitor

Millennials are waiting longer and longer to move into homeownership, but do student loans mean getting approved for a loan is harder? #76529853 / gettyimages.com It’s no industry secret that Millennials are staying away from the homebuying process, in

We’ve been hearing for some time that there is a shortage of construction workers, but is there any truth to that? Answer: Oh yes! #143991371 / gettyimages.com There have been many memes in housing these past couple years, and

The residential mortgage marketplace is often made into a complicated beast, but we’ve got two charts that explain it easily. #90537529 / gettyimages.com The residential mortgage market is a massive, multi-trillion dollar behemoth, and as such, it can often

CoreLogic released home price increases for June, and most market appear to be well on their way to a full recovery. But not all. Home prices are continuing to rise in the home of a number of the nation’s

Are lending standards starting to ease up? That seems to be the implication of new survey data from the Fed. #185239684 / gettyimages.com Nearly a full quarter of banks reporting eased lending standards in 2014’s second quarter in the

Opulence International Realty recently welcomed Pamela Diaz-de-Leon as a member of its exclusive sales associate team. With a diverse and culturally immersed background, Diaz-de-Leon has proven to be one of Miami’s top real estate agents. As a very disciplined

Residential construction is gaining ground in many metropolitan areas in the U.S. Unfortunately, not everyone did so well in June. McGraw-Hill released its June construction report this week, and the news confirmed more of what’s been taking place in Miami all year: construction

Though the month-to-month data was flat, construction spending remained in positive territory in 2014. Construction spending in June maintained its strong growth from 2013, according to the latest report from the Census Bureau. Though overall construction spending was down

RE/MAX recently presented Anthony Askowitz with its distinguished “Circle of Legends” award. Askowitz is broker and owner of RE/MAX Advance Realty (RMA) in Miami. Created in 2001, the honor is given to agents who have completed 10 years of

The supply of newly built single-family homes remains quite low; why is that? #172260605 / gettyimages.com Last week, we reported on the lackluster new home sales report, which found that sales of newly built single-family homes fell by 8.1

Almost seven years after the collapsing of the housing bubble, and CoreLogic says the nation is recovery swiftly – maybe too swiftly, in fact. On Thursday, CoreLogic released its June National Foreclosure report, which showed minimal but steady year-over-year

Media outlets the industry over are reporting on the Commerce Department latest homeownership report, but is the data reliable? The coverage was quite widespread – earlier this week, the Commerce Department reported that the homeownership rate in the U.S. hit