News / Features

New-home sales jump 7.2% in January

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 Agency opens new office in Palm Beach

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

Ilonka Castillo joins The Keyes Company’s Coral Gables office

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

FHA cuts mortgage insurance premium, touts expected savings for homebuyers

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

Mutual of Omaha Mortgage acquires Keller Mortgage

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

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again

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. 

Miami-Dade County’s cheapest ZIP codes

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.

Mortgage applications decline after rate increase

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

Builder confidence jumps in February

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. 

Douglas Elliman Realty adds two new offices in Weston

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

As spring market approaches, South Florida buyers are getting more for their money

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.

NAR Relief Foundation seeks to raise $5 million in 2023 campaign

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

Miami rents increase 25% from 2021

More than half of all U.S. cities are seeing double-digit percentage increases in rent, and that includes Miami.

The Keyes Company acquires Mizner Grande Realty, expands Boca Raton office

The Keyes Company has added Mizner Grande Realty and its more than 60 agents and $150 million in annual sales volume to its portfolio.

MBA: Mortgage applications jump on lower rates

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association said. 

Take me to (a converted) church

Take me to (a converted) church Within the woods of Solon, Maine, is a beautiful wooden church — turned house.

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