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How children impact the homebuying process

Numerous factors like price and location come into consideration when buying a home. A new Harris Poll survey by SunTrust Mortgage found that 55 percent of homeowners with a child under the age of 18 said their child’s opinion

This Week in Miami Real Estate: Restoration grants, new North Beach hotel and more

Miami city officials approved grants to help restore areas of the city that were damaged by Hurricane Irma, said Curbed Miami. The Miami City Commission authorized the city to accept $34 million in grants from the Federal Emergency Management Agency

NAR: Housing inventory increased slightly in April, but still can’t keep up

Existing-home sales dropped in April, despite the increase the market saw in the last two months, according to the National Association of Realtors. Existing-home sales include single-family home, townhome, condominium and co-op transactions. The sales dropped 2.5 percent in

Miami Chamber of Commerce honors leaders at City National Bank Better Beach Awards

On Friday, April 20, the Miami Beach Chamber of Commerce awarded the most influential leaders in the real estate industry at the sixth annual City National Bank Better Beach Awards. A total of 23 awards honored those who excelled

Real Estate in Brief: Zillow lawsuit dropped, home flipping on the rise and more

A class-action lawsuit that charged Zillow with deceptive business practices designed to mislead consumers has been dropped. A Federal district court has dismissed the lawsuit last week. The lawsuit claims that Zestimates, Zillow’s algorithm-based property estimate tool, are commonly inaccurate as

What $200,000 will get you around America

It’s no secret that some cities compared to others have larger asking prices for smaller spaces. PropertyShark wanted to test the logic and figure out what a homebuyer can get for their money in cities around the United States.

Many millennials rely on family support to buy first home

The real estate market has shown home price increases continue to outpace income growth, so it comes as no surprise that millennials are willing to accept financial assistance to achieve their American Dream. A new Apartment List report found that 17.1

Qualia’s home-closing platform expands industry reach

Closing is often one of the hardest parts of the home purchasing and selling process due to the difficult process of getting all involved parties on the same page at the same time. Qualia, a web-based software platform, aims

The Jills named tops for Coldwell Banker

The Jills were named the No. 1 residential real estate large team in Miami-Dade County this week at Coldwell Banker’s Residential Real Estate Southeast Florida annual awards ceremony, marking the team’s 15th consecutive win in the county and the

HergGroup Miami taps Maria Elena Arias as new CEO

After nearly five years as managing principal and team leader of Keller Williams Coral Gables Coconut Grove, Maria Elena Arias will take over as CEO for HergGroup Miami. The group, formally known as Hergenrother Realty Group, is part of

Miami Association of Realtors honors 2017 award winners

At its 2018 Inaugural & Awards Celebration on Feb. 2, the Miami Association of Realtors honored South Florida real estate leaders in an awards ceremony. “From educator of the year to humanitarian of the year to public policy advocates,

National News Briefs: NAR suspends open architecture project, cash purchases for home sales hit new high and more

The Realtors Property Resource (RPR), a subsidiary owned by the National Association of Realtors, is suspending its Advanced Multi-List Platform project and will promptly start to wind down its operations. NAR CEO Bob Goldberg made the decision to cut

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Seller profits hit 10-year high

Home sellers in Q4 2017 reaped an average home price gain since purchase of $54,000, the highest since Q3 2007, according to ATTOM Data Solutions’ Year-End and Q4 2017 U.S. Home Sales Report. In comparison, the average from the

Miami broker George C. Jalil named 2018 chairman of the board for Miami Association of Realtors

George C. Jalil, broker president of Real Living First Service Realty, is the new 2018 chairman of the board for the Miami Association of Realtors (Miami). Jalil and the 2018 Miami leadership boards will be installed Feb. 2 at

This Week in Miami Real Estate: Historic districts, new waterfront in Fort Lauderdale and more

Miami Beach City Hall on Jan. 17 unanimously approved the creation of two new historic districts that will protect hundreds of architecturally significant buildings from demolition, The Miami Herald reported. The North Beach districts are known for their Miami

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Miami home prices surge 5 percent in October

Home prices in the Miami metropolitan area had a year-over-year increase of 5 percent in October, while national prices increased 7 percent, according to the recent CoreLogic Home Price Index. The national increase marks the fourth consecutive month of

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