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Currently: Mostly Sunny: 79F

Miami Weather - 1 hour 53 min ago
Currently in Miami, FL: 79 °F and Mostly Sunny
Categories: Canada

4/21/2019 Forecast

Miami Weather - 1 hour 53 min ago
High: 80 F Low: 67 F Mostly sunny; pleasant
Categories: Canada

4/22/2019 Forecast

Miami Weather - 1 hour 53 min ago
High: 80 F Low: 69 F Sunshine; pleasant
Categories: Canada

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Miami Weather - 1 hour 53 min ago
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Categories: Canada

CoreLogic study: Do owners fare better than renters?

Realtor News - Fri, 04/19/2019 - 03:11
The rent index jumped 36% in 13 years (2005-2018) while the typical mortgage payment fell 4%. Without fixed monthly costs, renters spend more on housing.

Housing starts decline in March

Realtor News - Fri, 04/19/2019 - 03:10
Starts fell 0.3% from a downwardly revised Feb. reading. Multifamily stayed constant; single-family declined 0.4% but rose 1.5% in the South, which includes Fla.

Central Florida cities among fastest growing in U.S.

Realtor News - Fri, 04/19/2019 - 03:09
Census Bureau: Orlando added 60K residents last year and Tampa added 51K. As a percentage of current population, Lakeland and The Villages showed strong growth.

Quicken will consider rental income for mortgage refi

Realtor News - Fri, 04/19/2019 - 03:08
The online lender partnered with Vrbo, an Airbnb competitor. If owners rent rooms or full homes using Vrbo, Quicken will consider that income in a refi decision.

Think the housing crisis was bad? The 1920s were worse

Realtor News - Fri, 04/19/2019 - 03:07
Fla. history: Plots of unseen swampland were sold over and over for more and more money until we "ran out of suckers." And a trio of hurricanes didn't help.

Help a Fla. builder be the 'ENVY' of all

Realtor News - Fri, 04/19/2019 - 03:06
Spread the word: Florida Realtors wants 2019 ENVY Award entries, the top honor for projects designed in harmony with the environment. The deadline is Tuesday, July 9, 2019.

Zillow Group sued for inaccessible website

Realtor News - Fri, 04/19/2019 - 01:53
Fla. Realtors data: Active listings inventory up; year-over-year median prices up 1.3% for single-family homes, 4.7% for condo-townhomes. In good news for buyers and sellers, Fed indicates no interest rate hikes for a while, says Chief Economist O'Connor.

Mortgage rates increased this week – 30-year at 4.17%

Realtor News - Thu, 04/18/2019 - 04:37
The week-to-week increase was .05%, and it's still good news for homebuyers. One year ago, the FRM averaged 4.47%.

Fla. Senate and House line up on 'AOB' overhaul

Realtor News - Thu, 04/18/2019 - 04:36
While not assured, the Florida Legislature appears closer to finalizing property insurance assignment-of-benefits reform this year after failing to do so in previous sessions. The sponsor of a Senate bill says it's now in agreement with the House.

HUD proposes banning illegal immigrants from public housing

Realtor News - Thu, 04/18/2019 - 04:34
The controversial plan would cancel Clinton-era regulations that allowed illegal immigrants to sign up for assistance without having to disclose their status.

T3 Sixty report: 1 in 3 Realtors works in only 3 states

Realtor News - Thu, 04/18/2019 - 04:33
Fla. is 2nd for number of members after Calif. and 33.5% (with Texas) of all Realtors working in 3 states. If the Miami Assoc. was a state, it would be No. 8.

HUD publishes Opportunity Zone implementation plan

Realtor News - Thu, 04/18/2019 - 04:31
The report focuses on economic development, entrepreneurship, safe neighborhoods, education and workforce development, and measurement.

Fake Calif. Realtor scams undocumented buyers

Realtor News - Thu, 04/18/2019 - 04:30
The scammer offered undocumented residents a scheme to help them buy a home and then absconded with the money they gave her for a downpayment.

First-time buyers biggest stress? Affordability

Realtor News - Wed, 04/17/2019 - 03:18
LendingTree asked people considering their first home about their top concerns, and a lack of inventory below $150K is driving many to consider fixer-uppers.

NY Fed study finds that tax reform impacts RE market

Realtor News - Wed, 04/17/2019 - 03:17
According to New York Federal Reserve Bank economists, capital costs after the 2017 Tax Cuts and Jobs Act appear to have increased from 1% to 5% for homes if the amount borrowed for financing exceeds $750K – one variable leading to the current slowdown

Real estate crowdfunding going mainstream

Realtor News - Wed, 04/17/2019 - 03:17
"The initial stigma of crowdfunding is long gone and everyone in our industry ... recognizes it as a viable source of capital raises." – Denholtz Associates pres.
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