Miami developers Terra and AB Asset Management have secured funding for a luxury condominium building in the heart of Coconut Grove. 

Many feel they could have made a higher profit if they’d made better decisions. But are those regrets valid?

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June 2020. 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.        

The Palm Beach office joins the company’s growing footprint in the U.S., Canada, Mexico, the Caribbean and Europe. 

Castillo specializes in high-end properties and has more than 25 years experience in real estate with more than $200 million in total sales. 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage’s existing mortgage divisions. 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year earlier. 

With home prices on the rise, house hunting on a budget may sound like an oxymoron. But The Miami Herald has identified the areas with the lowest median sales prices.

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association reported. 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders said. 

The new offices will be home to a total of 10 agents who have joined the brokerage. 

With the spring housing market just around the corner, homebuyers are getting more for their money as their mortgage payments are stretching further than they have in recent months.

The REALTORS® Relief Foundation works to provide housing relief to victims of natural disasters.