News / Features

International Buyers Represent 60 Percent of Sales in Miami

Thanks to international buyers, home sales in Miami have increased by 15 percent since

Radar Logic Skeptical of Increased PHSI Becoming an Ongoing Trend

Radar Logic joins the group of economists doubting nearby recovery despite the positive forecast which the Pending Home Sales Index (PHSI) displayed this May, said Housing

Prices of Studio and Five-Bedroom Rentals Rise Dramatically

In April, Trulia said that it cheaper to buy a home than it was to rent a property in 39 of the 50 largest cities in the nation; regardless, this is paralleled with consumer desire to rent in the

FDIC Remains Hopeful of Positive Changes in June

In 2006, the banking industry recorded their sixth-consecutive year of record earning, with 0.7 percent of loans filed as delinquent, and only 50 banks performing in an unsatisfactory manner, said Housing Wire. All in all, things were looking

NAR’s Chief Economist Declares Foreclosure Delays “a Nonsensical Situation”

Realtors have become increasingly fed up with the delays in the sale of foreclosed properties – an area of widespread concern for many homeowners and agents alike, said the Wall Street

Increased National PHSI in May- South has Second-Highest Yearly Gain

Yesterday, the National Association of Realtors (NAR) said that there was an increase of 8.2 percent, for a “Pending Home Sales Index” (PHSI) of 88.8 in May, as anticipated by economists. Overall, all areas saw an increase from a

Buying a Home Made Easier for Newlyweds

Bridal registries are common with couples who are about to be married. Now, just as couples can register at a department store or specialty store, they can also register with a lender for the FHA Bridal Registry Program. Newlyweds

Toxic Drywall Suit Delayed by Plaintiffs

A proposed $55 million settlement was denied by the attorneys who represent a group of families whose homes were constructed with toxic drywall. The plaintiffs indicated that they will not agree to a settlement until all of their questions

Case-Shiller Data Shows Miami at New Index Low in April

S&P Case-Shiller data released yesterday demonstrates a monthly increase in home prices through April for the 10- and 20-city composites for the first time in eight months, but they are both at lower levels than the indices have seen

Freddie Mac Chief Economist Joins Discussion of Recovery-Placing Optimistic Bets

When will the economy recover? Answers have fallen in the 2011 to 2014 range, depending who you talk to. Housing Wire spoke with Freddie Mac Chief Economist Frank Nothaft, who optimistically anticipates that a better economy is right around

Sky Avenue Realty Launches Free Search Website

Buyers looking for Miami properties now have immediate access to real estate information at the click of a button. Sky Avenue has created a real estate website with free searches of Miami Real Estate, bank-owned units, South Beach luxury

Mortgage Lenders Deny 23.5 Percent More Loans in 2010

In 2010, the nation’s 10 largest mortgage lenders denied 26.8 percent of loan applications, up an additional 23.5 percent from the amount denied in 2009, said the Wall Street

Chase Offers Short Sale Incentive

Chase is now offering some South Florida homeowners a deal: According to an article on SunSentinel.com, a new program offered by Chase, one of the nations largest lenders, gives borrowers behind on their mortgage payments $10,000 to $20,000 if

Miami Condo Market Heating Up

Miami condominium sales have increased 46 percent in May 2011 compared to May of last

Potential Condo Maintenance Fees Could Strain the Market

Miami recently ranked among the highest performing markets, and tracked increases in the sales of homes and condos, but along with these sturdier sales comes potential for an unwelcome

Monthly Data Expected to Track Increase in Pending Sales, but Nearby Recovery Still Unlikely

On Wednesday, NAR will report on pending home sales for May; data from housing economist, Thomas Lawler, shows that the increase in pending sales for May will probably create a double-digit gain from April, said the Wall Street Journal.

New Subscribe

  • This field is for validation purposes and should be left unchanged.