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Miami Real Estate Shines in June with Seventh Straight Month of Price Increases

Miami’s real estate market continued its strong 2012 performance in June, with home prices rising in the city for the seventh consecutive month. Condos were a particularly hot draw, posting year-over-year median price gains of 34 percent, with single-family

Wells Fargo to Cut Realtor Joint Ventures

By Stephanie Sims With its recent announcement that it would stop wholesale lending, Wells Fargo has yet another announcement: the company will also start cutting its Realtor joint ventures that engage in mortgage banking activities due to regulation changes.

Elite International Realty, OBP Realty Partner Up For Bellini Williams Islands

By Carlo Calma South Florida residential development Bellini Williams Island has announced the partnership of real estate firms Elite International Realty and Only Best Properties (OBP) International Realty as their lead sales and marketing teams in an issued press

Zilbert International Realty Selected For Chateau de Charbonnieres

By Carlo Calma Miami-based real estate agency Zilbert International Realty has been selected as the sales and marketing company of France’s historic Chateau de Charbonnieres, which is currently listed at $37 million. The private property sits on 79 acres

Existing-Home Sale Price Rises 7.9 Percent in June, Pat Klock Parker of Klock Parker Real Estate Group Comments

Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not occurred since 2006.

59 Percent of Agents Report Higher Buyer Interest in 2012

By Peter Ricci Nearly six in 10 respondents to the latest Real Estate Buyer’s Agent Council (REBAC) survey reported higher buyer interest in 2012, a 34 percent increase from 2011 and one of the strongest signifiers yet of greater

NAHB Builder Confidence in July At Highest Level Since 2007; Hazel Goldman of RE/MAX Pinecrest Comments

By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) posted notable gains in July, rising six points to its highest level since March of 2007. The six-point increase is the largest one-month gain for the

Why the Obamacare House Tax Email is False

By Peter Ricci The presidential campaign season is one rife with rumors and myths, and during 2008, President Obama was the center of quite a few of them – that he was a Muslim, that he was sworn in

Average Days on Market Decreasing?

By Stephanie Sims How fast agents sell homes depends on a number of things – location, condition of the property, foreclosure/short sale status and the state of the market. But a hugely important indicator is how many days a

Why the Libor Scandal Matters for Residential Real Estate

By Peter Ricci Libor, or the London interbank offered rate, has been a constant fixture in the news cycles the last couple of weeks, with each story weighing more importance on the oddly-named term. Very little has been said,

3 Huge Factors on Housing’s Future

By Peter Ricci You know the message is good when even the Wall Street Journal reports it – real estate in the U.S. has been doing pretty good in 2012. Recent government reports were notable for their optimistic tone, home

C’mon, Get…Foreclosed? Trouble in Paradise for David Cassidy

By Peter Ricci There have been many celebrity victims of the housing downturn, and a new article from Zillow is reporting that Partridge Family alum David Cassidy is facing foreclosure on his 34th-floor penthouse in the Los Olas River

What DO Today’s Homebuyers Want?

By Peter Ricci It’s the ever-present question on everyone’s mind, right up there with the meaning of life and the purpose of the Higgs Boson – what DO homebuyers want, in today’s real estate market? All kidding aside, it’s

Clients Concerned About Zombie Attacks? Show Them These Homes

By Stephanie Sims With zombies trending lately, in pop culture and several times in the news scarily enough, perhaps your clients have wondered aloud whether or not they should buy a property that would defend against any future apocalyptic

Wells Fargo Shutting Down Wholesale Lending

Wells Fargo is shutting down its wholesale lending business as part of a broad settlement with the Justice Department for a discriminatory lending lawsuit. The San Francisco-based bank will also pay borrowers $125 million to settle claims and commit $50 million

Don’t Want an iPad? Microsoft Has a New Tablet

By Ian McKendry Real estate agents around the country are finding more and more utility from computer tablets that are incredibly mobile and have large displays, making them easy on the eyes. To date, Apple’s line of iPads has dominated

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