News / Features
By Peter Ricci The U.S. mortgage delinquency rate declined by 10.6 percent year-over-year in the August First Look report from Lender Processing Services, an analytics firm that studies the mortgage markets and real estate industries. A study of approximately
In an effort to recover past losses, the Federal Housing Finance Agency (FHFA) is considering new g-fees in five states most affected by the housing downturn. Labeling its losses as “exceptionally high,” the FHFA has selected Connecticut, Florida, Illinois,
By Peter Ricci Well, so much for our Trulia IPO skepticism – the real estate website became the latest tech darling yesterday when it’s stock hit the New York Stock Exchange, rising 41 percent and closing at $24 a
By Peter Ricci Miami home prices rose for the ninth consecutive month, according to the Miami Association of Realtors (MAR), with condo prices leading the charge with a 28.4 percent year-over-year increase. And single-family properties were not far behind,
By Stephanie Sims Finally, the Canadians seem to be realizing their country is just a bit too cold, even in the summer sometimes, and they’re taking advantage of Miami’s hot temps and real estate market. Though they’ll never be
By Peter Ricci National Association of Home Builders/Wells Fargo Housing Market Index rose for the fifth consecutive month in September, rising three points and reaching its highest level since June of 2006. A measure of builder confidence in the
By Peter Ricci Existing-home sales continued their positive readings in August, rising 7.8 percent from July and 9.3 percent from August 2011 as housing inventory continued to stabilize, according to the National Association of Realtors
Privately-owned housing starts rose in August to a seasonally adjusted annual rate of 750,000, a 2.3 percent increase from July and 29.1 percent increase from August 2011, according to the newest stats from the U.S. Census Bureau. In addition,
The Miami Association of Realtors (MAR) has signed a new agreement with the Association of Real Estate Agents of Balneario Camboriú (ACIBC) that will greatly increase the integration of the Miami market with that of the Brazilian markets that
By Peter Ricci Late last week, the Federal Reserve responded to calls for action with another round of fiscal stimulus, by far its most ambitious yet. Operating under the sexy name of “quantitative easing” and involving the monthly purchase
By Peter Ricci The Federal Housing Administration (FHA) has eased some of its more stringent condo requirements through August 2014 to better serve the current housing market. Those requirements, some of which generated quite a bit of controversy with
If it doesn’t catch your eye, nothing will. A black & white photograph showing the unassuming facade of Girl & The Goat, the popular West Loop restaurant, yet standing in front of it are two highly conspicuous
By Peter Ricci A Freddie Mac repurchase plan, which would involve the GSE essentially forcing lenders to buy back toxic mortgages that it once guaranteed, could net the company as much as $3.4 billion, according to new analysis from the
By Peter Ricci A new Trulia study of the nation’s 100 largest metropolitan markets has come to a staggering conclusions – owning is cheaper than renting in every major metro market in the U.S. by 45 percent, or, $771
By Peter Ricci Federal Open Market Committee, the Federal Reserve committee responsible for overseeing interest rates and money supply in the United States, made it official today – the Fed will be pursuing a new policy of economic stimulus,
By Peter Ricci Negative equity mortgages declined in the second quarter, falling from 11.4 million properties to 10.8 million, according to the latest data from CoreLogic. Additionally, 1.8 million borrowers are only 5 percent underwater on their mortgages, and
