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Existing-Home Sales Up 6.5% in July, Inventory Stabilizes

Not only were existing-home sales up by monthly and yearly measures in July, but housing inventory continued to stabilize as well. July was a rock solid month for existing-home sales, according to the latest data from the National Association

How Affordable, Really, is Miami’s Housing Market?

Housing affordability has slipped a bit so far in 2013, but does Miami’s housing stock remain affordable relative to other major cities? Housing affordability slipped a bit from the first quarter to the second quarter in 2013, according to

The Crane Comes Down: Bellini Williams Island

With cranes popping up left and right in Miami-Dade County, it is exciting to see the first crane come down from this new boom of real estate. Bellini Williams Island announced this week that their crane has started to

Census Bureau: Housing Starts Up Nearly 21 Percent in July

Residential construction posted great numbers in July, with housing starts, building permits and housing completions all in positive territory. July was a sterling month for residential construction, with all measured tracked by the Census Bureau posting positive numbers for

Worldwide Properties Announces Addition Of Realtor Tanya Draskovic

Worldwide Properties, a full service brokerage firm, announced the hiring of realtor Tanya Draskovic to its Miami Beach office, 225 Collins Ave. Worldwide Properties CEO Eddy Martinez said Draskovic, working as a realtor-associate, will focus on selling and marketing

4 Reasons that Home Price Growth Will Slow Down

The rapid rise in home prices has been one of 2013’s major economic stories, but there’s mounting evidence that those increases will slow down – and soon. If there’s been a poster child for the housing recovery, it’s been

Builder Confidence in August at Highest Point in Nearly 8 Years

Builder confidence continued its upward trend in August, rising to its highest mark since 2005. August has proven another sterling month for homebuilders, with the National Association of Home Builders/Wells Fargo Housing Market Index, the leading measure of builder

Watercrest At Parkland Opens Sales Center

Home buyers in Parkland, Florida can now get a taste of Watercress at Parkland, a new housing development expected to welcome its first residents next year. As reported by the Sun Sentinel, Standard Pacific Homes, a developer based in Irvine, Calif.,

Housing Inventory in Miami Up 6.2 Percent in July

Housing inventory in Miami was up in July; how do those increases, though, compare with the rest of the nation? Housing inventory in July increased 6.2 percent year-over-year in Miami, and though inventory was down 16.2 percent nationally, the latest

Decrease in Mortgage Delinquencies Lead to Improving Housing Market

Percentage of mortgage delinquencies hits a five-year low The percentage of mortgage delinquencies is at a five-year low for the second quarter, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. Mortgage delinquencies on one-to-four-unit residential properties decreased

Atlantic Pacific Opens Atlantic Doral, the First of the Atlantic brand series

Atlantic Pacific Development (AP Development), the development platform under Atlantic Pacific Companies (AP), will officially open The Atlantic Doral on August 15, 2013, the newest property of The Atlantic brand series. The property will be managed by Atlantic Pacific

How Healthy Are Miami’s Mortgage Markets?

The second quarter proved a boisterously good period for the nation’s mortgage markets, but did all that good cheer extend to our local marketplace? Last week, we reported on the latest National Delinquency Survey from the Mortgage Bankers Association,

Freddie Mac/Fannie Mae Post HUGE Q2 Incomes – Casts Doubts on Reform?

The second quarter was a spectacular one for Freddie and Freddie, but are such successes problematic for the government’s reform efforts? Fannie Mae and Freddie Mac had mighty good second quarters – not only did the GSEs post respective

MBA: Delinquency Rate Now At Lowest Level Since 2008

The nation’s mortgage markets continued to improve in 2013’s second quarter, with the MBA’s report being one of its most positive. The mortgage markets improved in several notable ways in the second quarter, according to the latest National Delinquency

Home Values on the rise in Miami, But Still Not Near the Peak Levels

While some markets have recovered from the housing crash, Miami still has a ways to go. Dallas and Denver are both up by 1 percent above previous peaks, while most of the 20 markets tracked by the Case-Shiller real

What are the Nation’s Busiest Housing Markets?

Is Miami among the busiest housing markets in the U.S.? A new report from Redfin shows how the Magic City stacks up to the competition. What are the busiest housing markets in the U.S.? That question was at the

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