News / Features

NAHB Attempts Positive Spin with New Index

In an effort to combat the frequently negative reports on the U.S. housing market, the National Association of Home Builders (NAHB) is crafting a new index that emphasizes growing and positive aspects of the

Morgan Stanley’s Thoughts on How to Fix the Housing Industry

America’s real estate market could be on an “unsustainable path,” faced with an oversupply of homes inaccessible to either renters or buyers. That’s what three Morgan Stanley analysts argue in a recent paper that outlines steps that can be

International Investors Continue to Fuel South Florida Housing Market

According to the Miami Association of Realtors, foreign investors are continuing to invest in properties in Miami-Dade and Broward County. This has increased home sales by 49 percent in the second

Standard and Poor Downgrades Fannie Mae and Freddie Mac’s Credit Score

Standard and Poor’s Rating Services (S&P) recently downgraded Fannie Mae’s and Freddie Mac’s credit rating from AAA to AA+ because it’s linked to the long-term debt of the U.S. S&P previously downgraded the U.S.’s credit rating to AA+ as

What’s the Real Story with Southern Florida’s Housing Data?

According to data released by Zillow.com, home sales in Palm Beach, Broward and Miami-Dade counties rose 1.1 percent in the second quarter and Florida Realtors reports of condominium sales improving 14 percent. While that may be the case, data

REO Values Rise, Freddie Mac Expenses Cut

Freddie Mac reported $27 million in expenses for maintaining and reselling REOs in the second quarter, as opposed to the $257 million reported for the previous

Despite Downgrade, FHFA Assures Consistency

Despite the nation’s credit downgrade, the Federal Housing Finance Agency assured investors that securities issued by the Treasury and other government-sponsored enterprises (GSE) are still

Federal Housing Finance Agency Requests Bailout

After losing $8.7 billion in the first quarter, Fannie Mae has reported a loss of $5.2 billion in the second quarter. Fannie Mae still owes the Treasury $104.8 billion, but now the Federal Housing Finance Agency is requesting another

FHA Sells Record Number of REO But Lowers Ceiling on Loan Limits

Earlier this year, Federal Housing Association (FHA) seemed to be in a steep hole when it came to the REO inventory. However, a recent report shows that FHA has sold a record number of REO in June, breaking the

Mortgage Application Volume Up 7.1 Percent

The Market Composite Index shows that the measure of mortgage loan application volume has increased 7.1 percent this week, while similar numbers have moved up and down. According to Mortgage Bankers Association’s weekly applications survey for the week ending

Green-Certified Homes Are Sold For More Green

More homebuyers are understanding the importance of green building features and studies show that green-certified homes are worth more than non-certified homes in the housing market. One analysis from the Earth Advantage Institute found that on average green-certified buildings

Two Upcoming Developments Planned Near Biscayne Bay

Developments have been approved for a three-tower complex at 1700 Biscayne Blvd. and for property to be constructed on the 14 acres of waterfront land that was formerly owned by the Miami

Study Shows Buyers are Not Satisfied with Real Estate Service

The real estate market conditions show it’s a good buyers’ market in Miami, but results from the J.D. Power and Associates 2011 Home Buyer/Seller Study show buyers this year are not

Deal Reached Regarding Debt Ceiling; NAR, NAHB Comment

After weeks of debate over the debt ceiling, Sunday night the compromise deal was agreed upon and the emergency legislation passed in the Senate this morning, 74 to

Bellini Project is Relaunched at Williams Island

Bellini at Williams Island is relaunching their pre-construction residential project in South Florida. This 24-story residential building, developed by Martin Z. Margulies, is the last residential site on Williams

Higher Mortgage Payments May Harm Recovery

The Dodd-Frank Wall Street Reform and Consumer Protection Act have paved the way for an increase in the required down payment for mortgages, however, many analysts and industry professionals are criticizing this

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