News / Features

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

Could Fannie Mae Be Profitable Again?

Fannie Mae released its third quarter balance sheets a couple weeks ago, and the $5.1 billion loss – accompanied by a plea for $7.8 billion in additional government financing – chaffed more than a few observers, leading to further

NAR Documents Changes in Homebuyers and Sellers

The National Association of Realtors has released its 2011 Profile of Home Buyers and Sellers, a survey of 5,708 home buyers and sellers that studies the demographics and features of both the individuals involved and the properties they were

NAHB Index Builds Upon Recent Gains

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which gauges home builder confidence for single-family home construction, rose for the second straight month, increasing by three points in November to a total of 20. With October’s

Trump Hollywood Condo Project Transactions Increase 75 Percent from Q2 to Q3

With 35 units sold for nearly $46 million, the bulk owners of the Trump Hollywood condo project in South Florida increased transactions by 75 percent between the second quarter, which ended in June of 2011, and the third quarter,

Congress Finds Middle Ground for Federal Loan Limits

After weeks of deliberation and endless hours of lobbying from the National Association of Realtors and other interest groups, Congress has finally agreed upon a resolution for raising the limits of federal conforming home loans, according to a new

Presales for Apogee Beach Push Developers to Rethink Construction Dates

The Related Group’s newest development, condo tower Apogee Beach, was originally planned to break ground in January 2012. Yet, with the positive initial responses from buyers, the developers have decided to move up the construction dates–and the asking

The DS Team Moves to ONE Sotheby’s International Realty

Brokers Dina Goldentayer and Sladja Stantic, principal founders of the DS Team, have joined ONE Sotheby’s International

FICO Unveils New Credit Score to Counter ‘Strategic Defaults’

An Oct. 31 study by Moody’s recently pinpointed homeowners with jumbo loans as a greater default risk than any other type of borrowers, including even risky subprime mortgages. Basing its claims on an analysis of of the nation’s mortgage-backed bond portfolios,

FHA Contradicts Critics with Annual Financial Report

The Federal Housing Administration (FHA) released its annual financial report to Congress earlier today, and surprisingly, it boldly contradicts recent claims from academics and news outlets regarding the government agency’s solvency. According to a recent Wall Street Journal piece

2012 Predictions from NAR’s Annual Conference Bring Good News to Homeowners and Buyers

Economists at the National Association of Realtors’ (NAR) annual conference, currently underway in Anaheim, California, expect to see gradual improvements in the housing market throughout 2012. Existing-home sales this year have risen 4 to 5 percent, and new home

Porsche Design Proposes Condo Tower for South Florida

As a public notice recently published in The Miami Herald announced, part of the discussion at the November 17 public hearing to be held by Sunny Isles Beach City Commission will center around a proposal for a new condo

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