News / Features
The House of Representatives voted 406-22 to approve a five-year reauthorization of the National Flood Insurance Program (NFIP), and now the vote is on to the Senate. The current NFIP extends until September 30 but now will be revamped
Fannie Mae released their monthly consumer attitudinal survey report, with results from June finding that Americans now expect a decline of 0.5 percent in home prices over the next year; this is slightly more optimistic than the beliefs measured
Esslinger-Wooten-Maxwell (EWM) Realtors, one of the nation’s largest residential real estate firms, announced today that seven new associates have joined its Coral Gables office: Ricardo Aybar, Gina Bruce, Ana Cuan, Blake Drew, Deborah Friend, Jose Ibarra and G. Scott
A new law to be launched in 2012 is expected to take 100, 75, 60 and 40 watt incandescent bulbs out of manufacturing, hoping to promote energy efficient lightbulbs. According to Poynter, misconceptions of the law have led many
The Obama administration is working to revive the housing market, following up on the administrations’ already active programs and modifications, which President Barack Obama said were “not enough, and so we’re going back to the drawing
After an optimistic first quarter, Wall Street banks are expected to report a drop of almost 25 percent in core trading revenue. JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley are all expected to report similar
According to the 2011 Member Profile report conducted by the National Association of Realtors Research Division for Florida Realtors, a typical Florida Realtor has 11 years experience, a personal website and has performed 10 transactions in 2010. There are
The downsizing trend that has gripped most of the real estate market during the past few years appears to be turning around, according to a survey by the American Institute of Architects
As home prices fell 3.2 percent during the last six months, many began to wonder where they will go from here. According to Housing Wire, Clear Capital believes that prices will drop another 2.4 percent throughout the remaining duration
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Miami will not be the next boom town in the U.S., according to recently released data from New
A recent analysis by Reis Inc. showed that the apartment vacancy rate fell to six percent, down from 6.2 percent in quarter one and 7.8 percent in quarter two of 2010, according to Calculated
In addition to research from NAHB showing that home ownership is still valuable, yesterday, NAR released results from the “2011 National Housing Pulse Survey” a telephone poll of 1,250 adults which found similar
Recently, news broke that Bank of America aims to settle a lawsuit with displeased investors for $20 billion; of this $20 billion, $8.5 billion is set to go to investors who were deeply impacted by the troubled mortgage-backed securities
In a recent call for action, the National Association of Realtors has asked Realtors to weigh in on the impact of changing mortgage costs, which are set to decrease on September 30 – which may subsequently further prevent housing
Bank of America has been criticized by many investors who held stock in the now failed home loans; the bank faces a proposed sum totaling $20 billion in order to partially reverse the damage, with the additional costs of