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Turkey, Stuffing and Open Houses!

Thanksgiving is a time for family, community and scrumptious dining; or, if you’re an agent, a great time to list and sell properties! A new story in The Los Angeles Times by Lauren Beale has spotlighted several agents off the

Not-So-Super Committee Puts Housing Cuts in Limbo

The Super Committee, the congressional panel charged with cutting $1.2 trillion from the federal budget, failed to meet a deadline this week, casting government budget conflicts and housing-related cuts in further distress. Though the cuts would not be scheduled

Homes Sales Showing Signs of Slow Down in South Florida

South Florida home and condo sales have been the talk of the town this year, surpassing the expectations of analysts and shattering the records of the housing boom; but 2011’s record sales have dwindled in the past couple of

Housing Affordability Only Improves in Latest NAHB Index

Housing affordability displayed slight improvements in the third quarter of 2011, with interest rates at their lowest levels and  affordability near the highest levels it has been in over twenty years, according to the National Association of Home Builders

Government Hopes to Scale Back Involvement in Housing Market

Both Republicans and the Obama administration agree, surprisingly enough, that the government should back off a little from the housing market, according to a Washington Post article by Zachary Goldfarb. But executing the plan is easier said than

Freddie Mac Releases November 2011 Economic Outlook

Freddie Mac released its Economic and Housing Outlook report for November 2011 yesterday, and according to the report, the country is right in the midst of the most affordable home-buying market in decades, though recent home sales don’t reflect

Will the Shadow Inventory Shroud a Housing Recovery?

There may be more than 3 million homes officially for sale nationwide, but a recent Miami Herald investigation has shown that millions of additional properties lay dormant in housing’s “shadow inventory,” many of them tucked away on bank’s balance

House of Reps Decisively Approve New FHA Loan Limits

The House of Representatives voted in favor for a bill that re-raised the limit of conforming jumbo mortgages for the Federal Housing Administration (FHA), ending a nearly two month gridlock in

New CRS Leaders Elected at NAR Conference in Anaheim, CA

The annual conference and exposition held by the National Association of Realtors (NAR) in Anaheim, California, included an inaugural dinner and awards ceremony for new inductees in the Council of Residential Specialists’ (CRS) 2012 leadership team, on November 12.

Unorthodox Strategies Emerge for Dealing with Foreclosures

States with the slowest foreclosure processes might see their federal funding suspended until conditions improve, according to HousingWire’s Jon Prior. During a House committee hearing Wednesday over bonuses paid to Fannie Mae and Freddie Mac executives, Edward DeMarco, Federal

October Scares More Homes off the Market

Year-over-year housing inventory was down 21 percent in October, according to a RE/MAX housing report cited by HousingWire. The decline is the 16th straight month of falling inventories. In addition, agents reported a 7.7 month supply of homes to

Homebuilders Adapting to the ‘Family’ Business

Apparently, academics and media outlets aren’t the only ones following Pew research polls. After releasing a study in October on multigenerational housing – which reported that in the last 30 years, 23 million Americans have transitioned to multigen housing,

Incoming NAR President Will Be Moe Veissi

Miami local Maurice “Moe” Veissi will be the new president of the National Association of Realtors (NAR) in

Obama Administration Makes Housing More Affordable for Seniors and the Disabled

Thanks to $749 million worth of grants from the Department of Housing and Urban Development (HUD), thousands of very-low-income seniors and disabled persons will have access to affordable and supportive

Domestic Buyers Like South Florida, Too!

Everywhere we seem to look, stories are popping up about international investment in the South Florida housing market, but a new study offers a reminder that US buyers are just as smitten with the area’s perks – even if

Housing Starts in Oct. 16.5 Percent over 2010

Housing starts increased in October by 16.5 percent, year-over-year, to a seasonally adjusted rate of 628,000, according to the most recent data from the U.S. Census Bureau and the Department of Housing and Urban

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