News / Features

What Does it Take to be a “Normal” Florida Realtor?

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

Survey Indicates Decline of Home and Lot Sizes Slowing; Suggests Turnaround

The downsizing trend that has gripped most of the real estate market during the past few years appears to be turning around, according to a survey by the American Institute of Architects

Home Prices Still Declining in Most Markets, but not Drastically

As home prices fell 3.2 percent during the last six months, many began to wonder where they will go from here. According to Housing Wire, Clear Capital believes that prices will drop another 2.4 percent throughout the remaining duration

Green Movement Survey

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Next Boom Town in the U.S., Miami Ranks in the Middle of the List

Miami will not be the next boom town in the U.S., according to recently released data from New

Apartment Vacany Rates Fall in Second Quarter

A recent analysis by Reis Inc. showed that the apartment vacancy rate fell to six percent, down from 6.2 percent in quarter one and 7.8 percent in quarter two of 2010, according to Calculated

NAR Survey Highlights Importance of Owning a Home

In addition to research from NAHB showing that home ownership is still valuable, yesterday, NAR released results from the “2011 National Housing Pulse Survey” a telephone poll of 1,250 adults which found similar

Walnut Place Challenges $8.5 Billion Bank of America Settlement

Recently, news broke that Bank of America aims to settle a lawsuit with displeased investors for $20 billion; of this $20 billion, $8.5 billion is set to go to investors who were deeply impacted by the troubled mortgage-backed securities

Miami-Dade may see FHA Loan Limit Reductions of $78,750

In a recent call for action, the National Association of Realtors has asked Realtors to weigh in on the impact of changing mortgage costs, which are set to decrease on September 30 – which may subsequently further prevent housing

Bank of America and Washington Mutual Settlements Set Examples

Bank of America has been criticized by many investors who held stock in the now failed home loans; the bank faces a proposed sum totaling $20 billion in order to partially reverse the damage, with the additional costs of

International Buyers Represent 60 Percent of Sales in Miami

Thanks to international buyers, home sales in Miami have increased by 15 percent since

Radar Logic Skeptical of Increased PHSI Becoming an Ongoing Trend

Radar Logic joins the group of economists doubting nearby recovery despite the positive forecast which the Pending Home Sales Index (PHSI) displayed this May, said Housing

Prices of Studio and Five-Bedroom Rentals Rise Dramatically

In April, Trulia said that it cheaper to buy a home than it was to rent a property in 39 of the 50 largest cities in the nation; regardless, this is paralleled with consumer desire to rent in the

FDIC Remains Hopeful of Positive Changes in June

In 2006, the banking industry recorded their sixth-consecutive year of record earning, with 0.7 percent of loans filed as delinquent, and only 50 banks performing in an unsatisfactory manner, said Housing Wire. All in all, things were looking

NAR’s Chief Economist Declares Foreclosure Delays “a Nonsensical Situation”

Realtors have become increasingly fed up with the delays in the sale of foreclosed properties – an area of widespread concern for many homeowners and agents alike, said the Wall Street

Increased National PHSI in May- South has Second-Highest Yearly Gain

Yesterday, the National Association of Realtors (NAR) said that there was an increase of 8.2 percent, for a “Pending Home Sales Index” (PHSI) of 88.8 in May, as anticipated by economists. Overall, all areas saw an increase from a

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