Read Today’s Top Story: Miami-Dade home sales increase again

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Green-Certified Homes Are Sold For More Green

More homebuyers are understanding the importance of green building features and studies show that green-certified homes are worth more than non-certified homes in the housing market. One analysis from the Earth Advantage Institute found that on average green-certified buildings

Two Upcoming Developments Planned Near Biscayne Bay

Developments have been approved for a three-tower complex at 1700 Biscayne Blvd. and for property to be constructed on the 14 acres of waterfront land that was formerly owned by the Miami

Study Shows Buyers are Not Satisfied with Real Estate Service

The real estate market conditions show it’s a good buyers’ market in Miami, but results from the J.D. Power and Associates 2011 Home Buyer/Seller Study show buyers this year are not

Deal Reached Regarding Debt Ceiling; NAR, NAHB Comment

After weeks of debate over the debt ceiling, Sunday night the compromise deal was agreed upon and the emergency legislation passed in the Senate this morning, 74 to

Bellini Project is Relaunched at Williams Island

Bellini at Williams Island is relaunching their pre-construction residential project in South Florida. This 24-story residential building, developed by Martin Z. Margulies, is the last residential site on Williams

Higher Mortgage Payments May Harm Recovery

The Dodd-Frank Wall Street Reform and Consumer Protection Act have paved the way for an increase in the required down payment for mortgages, however, many analysts and industry professionals are criticizing this

South Florida Increases Signed Contracts

Homebuyers in South Florida have signed more contracts in May this year than they did in June, an indication that momentum of the spring buying season is carrying well into summer, according to the Miami

Miami Residential Sales Recovery Tops Nation’s List

After experiencing one of the worst housing market crises, Miami is is in the midst of making a strong comeback. Miami is seeing rapid residential sales fueled by international investors who are buying local real estate with

RE/MAX, Prudential and Century 21 Top Home Buyer/Seller Satisfaction Study

According to Agent Genius, seller satisfaction rose 4.9 percent with brokerages since 2010, but buyer satisfaction dropped slightly, as tracked by J.D. Power and Associates’ fourth annual Home Buyer/Seller

RealtyTrac Discovers Lower Foreclosure Activity in 84 Percent of Metro Areas

RealtyTrac’s Midyear 2011 Metropolitan Foreclosure Market Report studied 211 metropolitan areas, finding that foreclosure activity through June dropped on a year-over-year basis in 84 percent, or 178, of the areas. In addition, the report found that the top ten

PHSI Continues Steady Climb in Midwest and South, but Closings Still Dropping

This June, NAR’s Pending Home Sales Index rose 2.4 percent to 90.9 – an increase over last month as well as a 19.8 percent increase over June 2010, according to Calculated Risk. However, Fannie Mae is skeptical as to

Realtors’ Suggestions for Saving the Housing Market

The National Association of Realtors, along with everyone else, would like to save the housing market. According to the Chicago Tribune, these are their ideas for fixing the industry: creating safe mortgage financing for qualified borrowers, revising underwriting standards,

Miami Market Shows Active Signs of Life, First Time in Years

According to the new Douglas Elliman Report, increased sales activity and slowly rising prices have had a positive impact on Miami’s residential real estate market during the second quarter of 2011. The comprehensive report analyzes regional data on condos

Average Home Equity Down, Wealth Gap Widens

Home equity decreased across all racial groups in 2009: whites’ average home equity fell to $95,000; in 2005, a white’s home equity was $115,364 on average; blacks’ home equity fell to $59,000 in 2009, creating an equity loss of

Miami’s Second Home Sales Struggle, While Palm Beach’s Soar

In a recent analysis of the “upscale vacation-home market,” Wall Street Journal said that now is the ideal time to buy. “Five years after housing’s peak, markets that once were out of sight even for well-heeled buyers are now

Despite Varying Forecasts, Experts Agree on 2011-2012 Home Sale Increases

Everyone has a different outlook on the housing market, but where you get your information from can also alter your opinion for better or worse. The truth is, nobody is entirely sure what will happen to home sales or

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