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News / Features

6 Actually Important Findings From NAR’s Existing-Home Sales Report

While everyone fixates on the specific rate of existing-home sales, here were the similarly important findings in the report. By now, you’ve probably seen the headlines stemming from NAR’s latest existing-home sales report, namely that sales declined 0.2 percent

Lending Standards Have Barely Budged in the Last Year

We keep hearing from trade groups that lending standards remain high, and the data would seem to support that claim. It’s arguably the most common motif among housing trade groups today – lending standards remain high, and are limiting

Rent Takes a Much Bigger Bite Out of Miami Resident’s Incomes

We’ve been hearing for some time that rents are increasing, but new numbers from Zillow present the issue in a new light. Rising rents, like falling home prices, have been one of the prevailing narratives of the post-bubble housing

Why the Suburbs Aren’t Going Anywhere

Reports of suburbia’s death,  it would appear, have been greatly exaggerated. It’s been a common trope in post-bubble news coverage – the United States, after several decades of embracing suburban sprawl, is returning to its urban roots and, once

Taxpayer Deductions Vary Across South Florida

Deductions are a big part of homeownership; how common are they here in our local marketplace? If you know homeownership, you know the mortgage interest tax deduction, the great grandmaster of tax deductions in the U.S. Indeed, homeownership and

Builder Confidence Inches Higher in April

Though still low, builder confidence showed improvement in April, according to new NAHB numbers. Builder confidence recovered somewhat from March to April, inching up from 46 to 47, according to the latest Housing Market Index from the National Association

107-Year-Old Historical Landmark Up For Sale

Authentic in all of it’s “frame vernacular” architecture, a historical landmark of Miami’s pioneer past with ties that go all the way back to President Theodore Roosevelt, and over a 100 years old – the Charles Graham House has

Trio of Investors Acquire Coconut Grove Property for $29.5 Million

A 9-story, bay-front office building in Coconut Grove is under new ownership. According to a recent press release, Mast Capital, Wexford Capital and 13th Floor Investments purchased the property, located at 2699 South Bayshore Drive, for $29.5 million. According

Melo Group Secures $40 Million Loan for the Development of Bay House Condominium

Miami-based real estate developer Melo Group has closed on a $39.2 million loan from Florida Community Bank for the construction of the Bay House, a 38-story luxury condominium located in Miami’s East Edgewater neighborhood. Construction on the project began

Miami is the Top Choice for Foreign Investments in Luxury Real Estate

Miami has become the second most popular real estate market for foreign homebuyers, according to a recent study from Realtor.com. Of the top three cities, Miami offers some of the lowest prices and interest rates. With a large number

New Home Construction Highs and Lows in March

Housing construction performed below expectations in March, according to the latest Census Bureau numbers. March was a month of good and not great news for new construction, according to the latest Census Bureau report, with housing starts rising 2.8

Housing Inventory in Miami Continues to Increase

It’s been a verifiable roller coaster ride the last couple years when it comes to housing inventory, but are we finally out of the woods? Housing inventory in the Miami housing market rose a whopping 26.8 percent year-over-year in

Miami Among Nation’s Densest Urban Areas

In the age of new urbanism, where does our metro area rank in terms of density and sprawl? “Density” and “sprawl” have become big buzzwords in housing the last couple of years, and for good reason. With gas prices,

All-Cash Sales in Miami Remain Enormously Prevalent

The housing market has made considerable strides in the last 18 months, but all-cash sales are still in abundance. We’ll cut to the big stat – in Jan. 2014, the latest month for which data exists, a whopping 63.1

The Relative Rarity of Million-Dollar Listings in Miami

Sure, our area has some wonderful luxury housing markets, but in the grander scope of the market, how common are those million-dollar listings? We may hear about luxury real estate on a consistent basis, but luxury listings in the

Former Major-Leaguer Mickey Lopez Joins RE/MAX Advance Realty

RE/MAX Advance Realty (RMA), Miami’s largest RE/MAX office, is pleased to announce the addition of Mickey Lopez to its team. Lopez comes to RMA after nine years with Southeast Properties, where he specialized in commercial real estate sales. Before working

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