LoanSnap said it used  its innovative AI technology, affectionately called Nell, to close the loan in the record-breaking amount of time.

“November’s housing starts report signals strength for the housing market.”  — First American deputy chief economist Odeta Kushi

In unveiling its predictions, the National Association of Realtors also released its top 10 housing-market “hidden gems” for 2022.

The listing also shows Santa’s North Pole estate’s value has skyrocketed this year.

After a year of price growth and record low inventory in the South Florida housing market, experts predict that home prices will continue to increase, but not at the pace they did over the last 18 months, according to a press release.

“While 2021 single-family starts are expected to end the year 24% higher than the pre-Covid 2019 level, we expect higher interest rates in 2022 will put a damper on housing affordability.” — NAHB chief economist Robert Dietz

Habitat Group announced today that it is launching sales for Smart Brickell Tower 3, the third and final condominium in the firm’s Brickell development project. 

ONE Sotheby’s International Realty is now the official real estate partner of The Miami Dolphins, according to a press release. 

Louie the Sheep is a local legend in Australia — and his rainbow-hued, modern farmhouse is up for sale.

The Jills Zeder Group has surpassed $2 billion in sales for 2021, doubling its numbers from May, according to a press release. 

As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release. 

Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.

Pre-leasing began today for Society Biscayne, a social living community in Downtown Miami expected to open in the spring of 2022. 

While the real estate market is finally showing signs of cooling after a year of skyrocketing home prices and bidding wars, desirable metros across the U.S., including in Florida, Washington and Massachusetts, can expect a big year in 2022.

Home prices statewide were up 19.5% year over year in November, with several of South Florida’s metros seeing the fastest-growing prices in the state, according to a recent Redfin report. 

While buyer preferences for more space — both inside and outside the home — remain and supply chain issues continue to stifle home construction efforts, other factors, such as the potential increase in interest rates, are expected to change the game in 2022.