News / Features
Almost 40 percent of homeowners nationwide who took out second mortgages are underwater on their loans. That is more than twice the rate of owners who didn’t take out such loans. According to the Wall Street Journal, nearly 40
South Florida’s single-family home prices have dropped again; home prices have posted modest increases during two past summers as government incentives pumped demand, but seem to have fallen still, according to the Miami
“State of the Housing Market,” a report from Harvard University’s Joint Center of Housing Studies showed that 70.8 million Americans can afford a mortgage today, an increase from the amount that could four years
Due to enforcement of upcoming laws, mortgage loan limits will be reduced for Fannie Mae, Freddie Mac and the Federal Housing Administration in October 2011, according to National Association of Home
Florida’s real estate community has been the victim of many fraudulent crimes, from those who pose as agents, to mortgage fraud criminals; now one of their own — a real estate agent, Barbara Lockett — has taken advantage of
A Realtors’ median income for 2010 was $34,100 last year, a four-and-a-half percent drop from the previous 3 percent decline from 2009, said United Press
Real estate organizations, FIABCI and ICREA signed an agreement of alliance at last week’s ICREA board meetings in Berlin, seeking to “optimize the combined strength of the two groups and maximize the benefits for the professional real estate community
According to Agent Genius, data from NAR shows the average real estate agent — residential and commercial — had eight transactions in 2010. Despite the number of transactions being less than one per month, the good news is this
The 2011 NAR Member Guide reports that nearly two thirds of all Realtors have had a website for at least five years. Of that number, half use social media and only 10 percent blog on a daily
Dale Atkins and Dennis Stevick of DND Associates join the team of ONE Sotheby’s International Realty. These two top producing agents together have more than 20 years experience in the Fort Lauderdale real estate
A secret shopping effort from One Cavo and PCMS Consulting revealed that approximately 75 percent of web-based leads are either ignored or receiving late responses, resulting in lost leads, said RIS
Today, the Federal Housing Administration (FHA) and Fannie Mae announced Green Refinance Plus, a new program which will assist owners of existing affordable apartment buildings in paying for energy efficient
Miami is currently ranked as the number one city to buy vs. rent, in a tie with Las Vegas; with a previous ranking as the fifth best city last month, Miami’s market is heating
HousingWire.com reported the Department of Housing and Urban Development began a review of its regulations and will continue a periodic review for other rule changes as directed from an executive order from President
Yesterday, at a Senate Banking, Housing and Urban Affairs Committee hearing, National Association of Realtors President, Ron Phipps announced support of comprehensive reform, in order to alter the current model of the secondary mortgage market, said Gamut
State attorneys general announced Tuesday that if a settlement is not reached, some of the nation’s largest banks will face potential liability costs amounting to $17 billion; these potential civil lawsuits have been rendered in regard to improper foreclosure