News / Features

April Construction Spending Up 4.3 Percent

Construction spending in April rose 4.3 percent from the year before, though residential construction was a bit more tepid by comparison. April was another solid month for construction spending in the U.S. economy, with overall construction spending for the

Atlantic Pacific Expands their Management Portfolio

Atlantic|Pacific has expanded their management portfolio with three new buildings: Apogee Beach Hollywood, The Wave, and the Whitney. These three new additions mean “three big opportunities” to Tom Smith, managing director for A|P management. He is looking forward to further

Has Housing Inventory Finally Bottomed?

Housing inventory has fallen precipitously the last couple years, but has it finally bottom now in 2013? It’s the question on everyone’s mind nowadays – when will housing inventory finally stop falling? Indeed, low housing inventory levels have wreaked

How Quickly are Homes Going Under Contract in Miami?

With demand high and supply low, homes are pending at an alarmingly quick rate nationwide; but what’s the scenario like in Miami? It’s a classic case of supply and demand: demand for homes, on account of record low interest

Studies Say Buying Makes More Financial Sense Than Renting

Buying a home has become more manageable and expected to stay this way for 30 more years The latest studies are showing that buying makes more sense financially than renting, according to the KCM Blog. The latest Existing-Home Sales

Pending Home Sales Reach Post-Bubble Milestone

The Pending Home Sales Index was up more than 10 percent in April, rising to its highest mark since the expiration of the first-time homebuyer tax credit. April was a solid month for pending home sales, with the Pending

Alex Rodriguez sells Miami Home for $30M

On Friday morning Alex Rodriguez, member of the New York Yankees, closed the sale of his Miami Beach home in North Bay Road for $30 million. The sale of his home is one of the highest ever-recorded in Miami

Do Women in Real Estate Earn 40% Less Than Men?

The “wage gap” is among the more prominent topics in gender equality, and new Census Bureau numbers suggest real estate has an issue with the topic. The “wage gap,” which addresses the difference in pay that men and women

Miami Home Prices Jump 10.7 Percent in March Case-Shiller

Home prices in Miami remained among the strongest in the nation, with prices up both monthly and yearly in March’s Case-Shiller. Home prices in Miami were positive as ever in the March Case-Shiller Home Price Indices from Standard & Poor’s,

What Vacation Destinations Do Miami Residents Like the Most?

Memorial Day weekend officially starts today, and many people will be out vacationing; what vacationing communities, though, are the most popular? Memorial Day weekend is finally here, and numerous families will be taking advantage of the holiday to travel

Why Immigration Reform is a Good Thing for Housing

Immigration reform has been a hot topic the last month or so, though the politics of the issue obscures one main fact: that immigration is good for housing! U.S. immigration policy has always been among the more prominent issues

Don’t Worry – Housing Bubble Rumors Are Bogus

Some overzealous folks have begun throwing around the “bubble” word in their coverage of the current housing market, but such statements are way off. Home prices on the national scale have been doing quite well in recent months; in

Existing-Home Sales Underwhelm in April?

Though existing-home sales posted yearly and monthly increases in April, they were held back by low housing inventory and tight lending standards…or so we’re told! Existing-home sales in April may have increased 0.6 percent from March and 9.7 percent

Redfin Establishes Presence in South Florida Real Estate Market

Redfin, a national real estate brokerage, will establish a presence in the South Florida real estate market. The Seattle-based brokerage will list and sell homes across Palm Beach, Broward and Miami counties. This is Redfin’s first Florida market and

This is How Gen Y Will Revolutionize Housing

Generation Y, the 80 million or so Americans born between 1979 and 1995, are expected to reverse the last 60 years or so of housing policy in the U.S. One of the more persistent questions among housing analysts is

Less Than 1 Percent of Today’s Mortgages are Bad

The housing market cannot truly recover without a healthy mortgage market, but new research from LPS shines an optimistic light on the topic. Homes sales are up, inventory has stabilized, and by many accounts, new construction it putting up

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