News / Features
Homeownership is often seen as the ultimate realization of the “American Dream.” Though the emotions behind that sentiment are still running strong, a recent report suggests that consumer spending habits may have different priorities, and that other big purchases now take precedent over
The Related Group’s affordable housing division, Related Urban Development, has been granted a $60 million tax credit to fund public housing projects in the area, according to a June 21 press release. Albert Milo, senior vice president for Related
In case you’re late to the party, allow us to bring you up to speed – various sources are saying housing is inching towards recovery. Existing-home sales were up 9.6 percent last month, new home sales 19.8 percent, and
The National Association of Realtors’ Pending Home Sale Index bounced back to positive territory in May, rising 5.9 percent to its highest level in two years. With a reading of 101.1, the index is 13.3 percent higher than a
Miami home prices were up for the sixth consecutive month in May, with median condo prices increasing by 22 percent, according to new data from the Miami Association of Realtors (MAR). Statewide, sale prices were similarly encouraging, increasing 8.9
Home prices in Miami continued their stellar performance in the latest Case-Shiller Home Price Index, increasing 3.2 percent from last year, according to Standard & Poor’s (S&P). In addition, prices rose by 0.4 percent from March to April, and that
Sales of new singe-family homes for the month of May, according to new data from the Census Bureau, rose 19.8 percent year-over-year to a two-year high. The 369,000 seasonally-adjusted annual rate was also 7.6 percent above April’s rate of
A pinball property, or pinball listing, as it’s also called, can be a real estate agent’s best friend – just as long as they’re not the ones listing the property! Pinball listings, as the new term has been coined,
Today, more than ever, sites such as Google and Yahoo! are the true drivers of the Internet, transporting users to web pages based one thing – the results of their algorithms. It’s imperative that agents learn to harness the
The Federal Reserve announced earlier today that it would be extending its Operation Twist program through the end of the year to stimulate financial markets. Though it sounds like it came from the mind of Lewis Carroll, the Twist
Lani Kahn Drody, Master Brokers Forum member, and president of Lowell International Realty, recently sold former Florida Governor Jeb Bush’s home located at 629 Altara Ave. The home, located in Coral Gables, closed at a price that was over
Existing-home sales in May declined 1.5 percent from April to May to a seasonally adjusted annual rate of 4.55 million, but were up 9.6 percent from May 2011, according to the National Association of Realtors. Median existing-home price, though,
The FHA has rescinded a highly-controversial credit dispute rule that put an untold number of mortgage applications at risk with the government lender. Drafted in March to shore up its emergency fund, the rule forced potential homebuyers with FHA
Technology is constantly changing the way we interpret real estate, and a couple of new auditory innovations are looking to overhaul our perceptions all over
Trulia today released the results of its latest American Dream survey, and it found that homeowner optimism has returned to the housing market in a major way. The survey sampled a large swath of the U.S. population, with nearly
Miami-based developer The Related Group is building great success with their new downtown Miami development Mybrickell, as the group is set to reward over $3.2 million in commission checks to its brokers, according to an issued press release. Brokers
