News / Features

Census Bureau: New Home Sales Jump 38.1 Percent in June

June was a rollicking good month for new residential home sales, which posted strong increases on both monthly and yearly measures. New single-family home sales were up 38.1 percent year-over-year in June, in addition to an 8.3 percent monthly

Inventory is on the Rise Nationally – What About in Miami?

The news was good for housing inventory in Monday’s existing-home sales report from NAR, but has the situation improved at all here at home? Housing inventory nationwide increased just under 2 percent from May to June, rising to a

The Top 10 Features that Upscale Buyers Want in Their Homes

Upscale buyers are a different breed of consumer, and their desires for their residences are outside the beaten path, as a new NAHB survey uncovered. What do the affluent want? That’s the question at the center of a very

Biscayne Beach Condominiums Bring the Beach to the City

Residents will no longer have to head across the bridge in order to experience Miami Beach; Biscayne Beach will be Miami’s first bayfront beach club experience. Biscayne Beach, a new luxury condominium will break ground in the first quarter

NAR: Existing-Home Sales Rise 15.2 Percent in June

June’s existing-home sales may have fallen from May, but they retained strong yearly increases, while other fundamentals improved. Existing-home sales may have fallen by 1.2 percent from May to June, but June’s seasonally adjusted annual rate of 5.08 million

What Will Homebuyers Compromise on in 2013?

Compromise is an inevitable component of the homebuying process…or is it? A new NAR survey has tracked what homebuyers do – and do not – compromise on. News flash: the homebuying process can be a darned frustrating experience. You

The 7 Key Traits About the Homes Consumers Bought in 2013

What were the most important features to homebuyers in 2013? What features of the home, and the greater area, were most valuable to them? There are many types of property available to today’s homebuyers, but as any savvy agents

Housing Starts Fall in June, But Positive Trends Continue

Though builder confidence hit its highest mark in seven years this week, the latest construction report from the Census Bureau was underwhelming…or was it? June was a bit of a downer for new construction – at least on the

Miami Outpaces Nation in Latest FNC Residential Price Index

May was a great month for home prices in Miami, with the Magic City outpacing the nation. May was a good month nationally and locally for home prices, as the latest FNC Residential Price Index showed the housing recovery

Builder Confidence Soars in July to Highest Mark in 7 Years

July was a mighty good month for homebuilders, if the latest Housing Market Index from the National Association of Home Builders is any indicator. Builder confidence for newly built, single-family home market hit its highest mark in more than

Engel & Völkers Miami Welcomes Patricia Cassany

Engel & Völkers is thrilled to announce the addition of Patricia Cassany as a new real estate advisor to its Miami Beach office. Cassany has more than 10 years of experience in the real estate industry and has worked

The Crimson at Edgewater – The “New Neighborhood” in Miami

Stephan Gietl and Fernando Levy Hara, two friends from very different parts of the world who now live mostly in Miami, first met at Harvard graduate school, where they decided to make a joint venture buying distressed assets. They

ONE Sotheby’s Welcomes Sandra Tagliamonte

ONE Sotheby’s International Realty is happy to announce the addition of Sandra Tagliamonte as Vice President in the Fort Lauderdale office. With more than 20 years of experience, Tagliamonte is one of Fort Lauderdale’s leading real estate agents specializing

Engel & Vӧlkers Miami Hires Esther Prat as Realtor Advisor

Esther Prat is now a real estate advisor for Engel & Völkers Miami, a company that specializes in the sale and leasing of premium residential real estate in the Miami metropolitan area. Based in the Key Biscayne shop, Esther

The 5 Most Important Characteristics of Today’s Homebuyers

NAR’s 2013 Home Buyers and Seller Generational Trends report is massive, and among its many findings are great insights into homebuyer characteristics. The National Association of Realtors publishes many reports on real estate and the many individuals involved in

RealtyTrac: Foreclosures at Lowest Level Since 2005

Foreclosure starts were down by a hefty amount in June, according to the Midyear 2013 U.S. Foreclosure Market Report from RealtyTrac. Foreclosures in the U.S. were down to their lowest level since 2005 in June, falling 21 percent from

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