News / Features
By Peter Ricci Every week, it seems new analysts and business firms jump on the housing recovery bandwagon, calling the bottom for the embattled industry and looking forward to a brighter future. As housing moves forward, though, there are
The Genting Group made a considerable splash last fall when it unveiled an extraordinary, $3.8 billion casino and 5,200-room resort for Miami. Though it announced the resort with fanfare and promised thousands of new jobs in its construction and
By Peter Ricci As everyone has probably heard by now, existing-home sales were a bit tepid in June, falling 5.4 percent from May according to the latest data from the National Association of Realtors. The reason for the decline
By Peter Ricci It’s no mystery to anyone that follows the U.S. real estate market that foreign buyers are a major force. In the last year alone, international residential sales were $82.5 billion, a 24 percent increase from the
By Stephanie Sims Since The Dark Knight opens today at theaters, we thought this infographic from Movoto about how much Batman’s home would be worth in today’s market was
Miami’s real estate market continued its strong 2012 performance in June, with home prices rising in the city for the seventh consecutive month. Condos were a particularly hot draw, posting year-over-year median price gains of 34 percent, with single-family
By Stephanie Sims With its recent announcement that it would stop wholesale lending, Wells Fargo has yet another announcement: the company will also start cutting its Realtor joint ventures that engage in mortgage banking activities due to regulation changes.
By Carlo Calma South Florida residential development Bellini Williams Island has announced the partnership of real estate firms Elite International Realty and Only Best Properties (OBP) International Realty as their lead sales and marketing teams in an issued press
By Carlo Calma Miami-based real estate agency Zilbert International Realty has been selected as the sales and marketing company of France’s historic Chateau de Charbonnieres, which is currently listed at $37 million. The private property sits on 79 acres
Existing-home sale price for all housing types rose 7.9 percent year-over-year in June in the National Association of Realtors’ latest housing report. It’s the fourth straight month of yearly price increases, a streak that has not occurred since 2006.
By Peter Ricci Nearly six in 10 respondents to the latest Real Estate Buyer’s Agent Council (REBAC) survey reported higher buyer interest in 2012, a 34 percent increase from 2011 and one of the strongest signifiers yet of greater
By Peter Ricci The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) posted notable gains in July, rising six points to its highest level since March of 2007. The six-point increase is the largest one-month gain for the
By Peter Ricci The presidential campaign season is one rife with rumors and myths, and during 2008, President Obama was the center of quite a few of them – that he was a Muslim, that he was sworn in
By Stephanie Sims How fast agents sell homes depends on a number of things – location, condition of the property, foreclosure/short sale status and the state of the market. But a hugely important indicator is how many days a
By Peter Ricci Libor, or the London interbank offered rate, has been a constant fixture in the news cycles the last couple of weeks, with each story weighing more importance on the oddly-named term. Very little has been said,
By Peter Ricci You know the message is good when even the Wall Street Journal reports it – real estate in the U.S. has been doing pretty good in 2012. Recent government reports were notable for their optimistic tone, home
