Construction spending continued its strong performance in May, rising 7.0 percent from last year and 0.9 percent from April to a seasonally adjusted annual rate of $830.0 billion. For the first five months of 2012, spending is $310.5 billion,

Housing inventories have been on a roll lately, but not the kind many of us had expected – it just keeps going, and going, and going down! In May, the most recent month we have data for, Realtor.com’s for-sale

Lessening underwriting standards are the great white whale in housing’s recovery, and the 2012 Survey of Credit Underwriting Practices from the Office of the Comptroller of the Currency (OCC) is making some suggestions that the tide may be turning for home

Robert J. Shiller is more than just a highly-respected professor of economist at Yale – he’s the co-creator of the Case-Shiller Home Price Indices, one of the most influential readings available on the U.S. housing market. Therefore, it makes

Prepping a property for potential buyers is a multi-tiered process, one that involves a number of steps across a number of different mediums. From writing the initial Internet listing to scrubbing the home’s interiors and exteriors for showings, a

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