News / Features

New Foreign Buyers in Miami: Canadians

By Stephanie Sims Finally, the Canadians seem to be realizing their country is just a bit too cold, even in the summer sometimes, and they’re taking advantage of Miami’s hot temps and real estate market. Though they’ll never be

NAHB Housing Market Index Hits Highest Mark since 2006

By Peter Ricci National Association of Home Builders/Wells Fargo Housing Market Index rose for the fifth consecutive month in September, rising three points and reaching its highest level since June of 2006. A measure of builder confidence in the

Existing-Home Sales Rise 7.8 Percent As Housing Inventory Stabilizes

By Peter Ricci Existing-home sales continued their positive readings in August, rising 7.8 percent from July  and 9.3 percent from August 2011 as housing inventory continued to stabilize, according to the National Association of Realtors

Privately-Owned Housing Starts Up 29.1 Percent in August

Privately-owned housing starts rose in August to a seasonally adjusted annual rate of 750,000, a 2.3 percent increase from July and 29.1 percent increase from August 2011, according to the newest stats from the U.S. Census Bureau. In addition,

MAR Signs New Reciprocal Agreement with ACIBC

The Miami Association of Realtors (MAR) has signed a new agreement with the Association of Real Estate Agents of Balneario Camboriú (ACIBC) that will greatly increase the integration of the Miami market with that of the Brazilian markets that

Quantitative Easing and Housing – What’s the Impact?

By Peter Ricci Late last week, the Federal Reserve responded to calls for action with another round of fiscal stimulus, by far its most ambitious yet. Operating under the sexy name of “quantitative easing” and involving the monthly purchase

FHA Condo Requirements Eased Until 2014

By Peter Ricci The Federal Housing Administration (FHA) has eased some of its more stringent condo requirements through August 2014 to better serve the current housing market. Those requirements, some of which generated quite a bit of controversy with

Real Estate Ad Watch: The @properties Love Where You Live Neighborhood Campaign

If it doesn’t catch your eye, nothing will. A black & white photograph showing the unassuming facade of Girl & The Goat, the popular West Loop restaurant, yet standing in front of it are two highly conspicuous

Could Freddie Mac Repurchase Plan Yield the GSE $3.4 Billion?

By Peter Ricci A Freddie Mac repurchase plan, which would involve the GSE essentially forcing lenders to buy back toxic mortgages that it once guaranteed, could net the company as much as $3.4 billion, according to new analysis from the

Trulia Study – Owning in Miami 48 Percent Cheaper than Renting

By Peter Ricci A new Trulia study of the nation’s 100 largest metropolitan markets has come to a staggering conclusions – owning is cheaper than renting in every major metro market in the U.S. by 45 percent, or, $771

Federal Reserve Commits to Quantitative Easing 3

By Peter Ricci Federal Open Market Committee, the Federal Reserve committee responsible for overseeing interest rates and money supply in the United States, made it official today – the Fed will be pursuing a new policy of economic stimulus,

CoreLogic – Negative Equity Mortgages Declined in Second Quarter

By Peter Ricci Negative equity mortgages declined in the second quarter, falling from 11.4 million properties to 10.8 million, according to the latest data from CoreLogic. Additionally, 1.8 million borrowers are only 5 percent underwater on their mortgages, and

Senate Dems Give HARP Expansion Another Try

By Peter Ricci Two Democrats in the Senate have reintroduced an ambitious bill that would extend refinancing to more than 13 million borrowers through an expansion of the Home Affordable Refinance Program (HARP). The bill, which is being proposed

Offers and Home Closings Decline, But Market Still Shows Gains

By Stephanie Sims Though home closings dropped in August, stats still show the market may be strengthening. Redfin conducted its Real-Time Demand Pulse, its monthly analysis of customers touring homes and offers being made in 18 markets across the

Baby Boomer Housing Needs – 3 Things to Consider

By Peter Ricci Baby boomer housing needs are a common topic here on Miami Agent, and for good reason – a recent national survey by Coldwell Banker found that 87 percent of its agents reported having at least one baby

Do the Party Platforms for Democrats and Republicans Address Housing?

By Peter Ricci More than a month ago, we asked why housing, despite its overwhelming importance to the U.S. economy, was not coming up on the presidential campaign trail, and now that the conventions have come and gone –

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