News / Features
In a move that seems to confirm the ever-increasing importance of multifamily housing in the current housing market, the federal government is removing several state regulations that will make it easier for developers to build federally-subsidized multifamily homes, according
Third quarter home sales in the Miami metro area skyrocketed by 51 percent from a year ago, according to recent data from the Miami Association of Realtors (MAR). Total home sales for the area, which include existing single-family homes
Fannie Mae and Freddie Mac released earnings and inventory statistics a couple days ago, and the data suggested a substantial decline in REO properties for the GSEs. Counting FHA properties, the GSE’s REO inventories decreased to 226,961 at the
Speculations of the Federal Reserve’s coming quarterly report entail fears that the European debt crisis may have a strong, adverse impact on foreign bank lending in the United States. The fourth quarter senior loan officer survey report, which is
The federal government’s long-awaited revisions to the Home Affordable Refinance Program, or HARP 2.0 as it’s been called by the press, primarily work through offering underwater homeowners a chance to refinance their loans, but recent agreements between the government
The National Association of Realtors (NAR) recently worked alongside policy leaders, industry representatives, congress members and the media in an effort to present ideas and formulate recommendations on a strategy to aid the housing market, create jobs and stimulate
Mortgage debts took a turn for the better in the third quarter, as Freddie Mac reported that a large amount of refinancing homeowners were able to either maintain or reduce their mortgage debts. In total, 82 percent of
During the boom years, condos were hot in South Florida, so hot that zealous developers began converting modest apartment buildings into sellable condominiums to get in on the action. But now, with demand stagnant, distressed condos have become a
We all know housing is tough, right now. Media sources abound with new lows in construction, mortgage filings and existing-home sales. New data from JPMorgan Chase, though, as pinpointed by Investment News’ Jeff Benjamin, suggests that pent-up demand from
It’s been the saga of fall, with enough twists and turns to pilot a TV miniseries. First, the ceiling on federal loan limits fell on Oct. 1, ending a three-year expansion that raised the limit for FHA and
CoreLogic released its latest Home Price Index, or HPI, earlier today, showing that home values declined on a month-to-month basis for the second straight time from August to September. Though the Case-Shiller Home Price Index, which is released the
Fannie Mae’s latest National Housing Survey finds homeowners in the U.S. are still uncertain about the future of housing and the economy, though a couple of indicators did maintain their numbers and resist declines. Conducted via telephone, the survey
The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) released the October edition of the Obama Administration Housing Scorecard, a detailed report on the nation’s housing
Contrary to popular belief, first-time homebuyers are indeed alive and kicking; buying homes at essentially the same rate as they were before the first-time homebuyers credit stimulated demand two years ago. Data suggests that rates could be higher, however, if
Statistics from Related ISG show that the condominium inventory count in South Florida has been decreasing at a much faster rate this year compared to previous years. The evidence has led analysts to conclude that Americans are once again
Southern Florida, and the many cities that decorate its sunny coast, experienced a landmark building boom at the start of the 21st century, and the Sunny Isle Beach was no exception, with hundreds of new condominium units springing up
