News / Features
In the second quarter, Bank of America posted a $8.8 billion loss, following the $8.5 billion settlement with investors regarding troubled mortgage-backed
Natalie Anne Belmonte, a 43-year-old real estate agent, disappeared around 2:30 a.m. on Sunday; foul play is suspected, as many of Belmonte’s personal belongings were found in her car which was parked at her home, said NBC Miami; she
July brings a modest increase in homebuilder confidence, with the National Association of Home Builders/Wells Fargo sentiment index increasing to 15 (from 13 in June), according to Bloomberg
According to New Geography, approximately 64 percent of Millennials–those born between 1982-2003–are focused on the importance of owning a home, with 20 percent saying it is one of the most important priorities in life, followed by being a good
Once regarded as the highest-priced home in the U.S. with a price tag of $150 million, the former Los Angeles County home of Candy Spelling has sold for a drastically reduced price of $85 million (43 percent less) after
The 30-year fixed-rate mortgage (FRM) is down to 4.51 percent (with an average 0.7 point) this week and 15-year rates dropped to 3.65 percent (with an average 0.6 point), according to MarketWatch. While neither drop is incredibly drastic, it
Zillow found that home sellers who bought their home after 2007’s housing bubble burst have a tendency to overprice their home by 14.1 percent more than those who bought a home during or before the bubble, said Agent
Many are familiar with the case of the recent murder of Ashley Okland, the Des Moines, Iowa Realtor who was shot and killed at the open house she was showing. While the case (now active for three months) has
The job market for construction seems to be recovering; even as the entire economy experienced a 10 percent increase in layoffs, from May to June – to the highest level since August 2010 – construction hires and openings proved
The House of Representatives voted 406-22 to approve a five-year reauthorization of the National Flood Insurance Program (NFIP), and now the vote is on to the Senate. The current NFIP extends until September 30 but now will be revamped
Fannie Mae released their monthly consumer attitudinal survey report, with results from June finding that Americans now expect a decline of 0.5 percent in home prices over the next year; this is slightly more optimistic than the beliefs measured
Esslinger-Wooten-Maxwell (EWM) Realtors, one of the nation’s largest residential real estate firms, announced today that seven new associates have joined its Coral Gables office: Ricardo Aybar, Gina Bruce, Ana Cuan, Blake Drew, Deborah Friend, Jose Ibarra and G. Scott
A new law to be launched in 2012 is expected to take 100, 75, 60 and 40 watt incandescent bulbs out of manufacturing, hoping to promote energy efficient lightbulbs. According to Poynter, misconceptions of the law have led many
The Obama administration is working to revive the housing market, following up on the administrations’ already active programs and modifications, which President Barack Obama said were “not enough, and so we’re going back to the drawing
After an optimistic first quarter, Wall Street banks are expected to report a drop of almost 25 percent in core trading revenue. JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley are all expected to report similar
According to the 2011 Member Profile report conducted by the National Association of Realtors Research Division for Florida Realtors, a typical Florida Realtor has 11 years experience, a personal website and has performed 10 transactions in 2010. There are
