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Economic Growth Expected to Gradually Increase This Year

The economic growth we’ve seen this year shows a slow but upward recovery in housing, exceeding the expectations of economists Economic growth is expected to gradually increase in the second half of 2013 and into 2014, according to the

Rising Prices Lead To Drop In Foreclosure-Related Home Sales

The housing market in Southern Florida has vastly improved and harried buyers are frustrated at the shortage of inventory. Foreclosure related sales make up about a quarter of the residential transactions in Broward County and Palm Beach County according

Are There Downsides to ‘Top Producer’ Status?

The ‘Top Producer’ status is the sacred cow of real estate, but are there downsides to the distinction? The “Top Producer” label is one that quite a few real estate agents aspire to, and for good reason – you

Home Offers/Tour Requests Skyrocket in Redfin Real-Time Demand Pulse

By Peter Ricci Homebuyer demand has started out the year incredibly strong, according to Redfin’s February Real-Time Demand Pulse, a measure of both home tours and signing offers with Redfin

Prudential: Homeownership Remains Important to Young Americans

By Peter Ricci It was just last week that we reported on a rather spectacular analysis of the U.S. rental markets, which found that rental demand would rise by 6.6 million units in the next three years. Fresh off

Bad MLS Photo of the Week – Fancy a Dip?

By Peter Ricci It’s one of the cardinal rules in real estate: do not allow your clients to appear in MLS photos! Though we love rebels as much as the next democratically-active spirit, sometimes rules have a very good

Bad MLS Photo of the Week – Taxidermist Special?

By Peter Ricci This week, Miami Agent is proud to unveil a new editorial feature, one that just about every real estate professional should be familiar with – a collection of truly, horribly, awesomely bad MLS

First Quarter Activity Strong for Median Home Values

Median home values, improving sales and stronger inventories were all features of the 2012 first quarter report from the National Association of Realtors (NAR). Median existing single-family home prices rose year-over-year in 74 out of the 146 metro areas tracked

U.S. Mortgage Bond Program Wraps; Gains $25 Billion

The U.S. Treasury Department says it has sold off the final portion of $225 billion in mortgage-backed securities it purchased during the height of the financial crisis, and in addition, the sales of securities issued, primarily by troubled mortgage

Psychoanalysis in the New Home Market

Real estate is an industry of hyper-local interests, and few sectors of the market better demonstrate that than construction. Though some builders are growing, and raising prices as a result, others are still pursuing incentives, such as price cuts,

Luxury headed to Hollywood and Hallandale Beach

Miami Beach May no longer be the sandiest beach in Florida – new construction in Hallandale and Hollywood beach has attracted foreign money and residents who may have been feeling a bit crowded from the Miami Beach

Fortune International To Lead Sales And Marketing Efforts At Axis

BCRE Brickell LLC has announced that they have signed Fortune International to lead the sales and marketing efforts at Axis,an Arquitectonica-designed condominium community located in the heart of Miami’s Mary Brickell Village neighborhood.   Fortune International will direct efforts

Miami Association of Realtors Names New Residential President

Patricia Delinois has been appointed by the Miami Association of Realtors as its new residential president. As president, Delinois will represent the 26,000 member organization working in residential, commercial and international real

Is the Lure of Low Home Prices Finally Ringing in Buyers?

It’s no mystery that home prices are low. CoreLogic’s latest Home Price Index fell from October to November, and prices have fallen by an average of 32.8 percent from their 2006 peak. What has not followed suit, though, are

ONE Sotheby’s International Realty Welcomes Al Arostegui

ONE Sotheby’s International Realty, the leader in luxury real estate throughout South Florida, is pleased to welcome Al Arostegui to their team of associates. With over 35 years of real estate experience, Arostegui is recognized within the community for

Just 4,700 Left – Miami Condo Inventory Slowly Depleting

According to a new story on National Mortgage News by Lew Sichelman, South Florida has unloaded 90 percent of its 49,000 boom-era condominiums, leaving 4,700 unsold units for the market to work out – notwithstanding, of course, some outliers.

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