Friday, December 30, 2016
Tuesday, December 27, 2016
Saturday, December 24, 2016
Wednesday, December 21, 2016
Tuesday, December 20, 2016
Gov. Scott: Florida Leads the Nation in Private-Sector Job Growth - Florida Trend
More jobs now, leads to more homeowners in the future.
More jobs now, leads to more homeowners in the future.
Monday, December 19, 2016
Friday, December 16, 2016
Thursday, December 15, 2016
Tuesday, December 13, 2016
Thursday, December 8, 2016
Wednesday, December 7, 2016
Tuesday, December 6, 2016
Tax-Accounting: LBCPA News
U.S. HOME PRICES SET RECORD WHILE SOUTH FLORIDA CONTINUES STEADY GROWTH
U.S. HOME PRICES SET RECORD WHILE SOUTH FLORIDA CONTINUES STEADY GROWTH
Monday, December 5, 2016
Friday, December 2, 2016
Thursday, December 1, 2016
Wednesday, November 30, 2016
Wednesday, November 23, 2016
Tuesday, November 22, 2016
What will your money buy? – Miami Herald
This tool shows where you can afford a home and how school quality, safety and annual value growth compare.
This tool shows where you can afford a home and how school quality, safety and annual value growth compare.
Sunday, November 20, 2016
Friday, November 18, 2016
Thursday, November 17, 2016
Wednesday, November 16, 2016
Monday, November 7, 2016
Friday, November 4, 2016
Fla.’s housing market: Median prices higher in 3Q
The statewide median sales price for single-family existing homes in 3Q 2016 was $224,900, up 12.5 percent from the same time a year ago
The statewide median sales price for single-family existing homes in 3Q 2016 was $224,900, up 12.5 percent from the same time a year ago
Tuesday, November 1, 2016
Monday, October 31, 2016
2.5M foreclosed owners qualify for a mortgage again
Foreclosures, short sales and bankruptcies remain on a credit report for seven years, which means those black marks will fall off the credit files of 2.5 million consumers between June 2016 and June 2017. And most will then qualify for another mortgage.
Foreclosures, short sales and bankruptcies remain on a credit report for seven years, which means those black marks will fall off the credit files of 2.5 million consumers between June 2016 and June 2017. And most will then qualify for another mortgage.
Thursday, October 27, 2016
Ten-X study: 4 of 5 hottest home markets are in Fla.
1 Fort Lauderdale
2 Palm Beach County
3 Tampa
4 Orlando
5 Las Vegas
Wednesday, October 26, 2016
Fannie and Freddie plan to streamline underwriting
Faster, easier, more efficient loan underwriting coming to the market next year.
Faster, easier, more efficient loan underwriting coming to the market next year.
South Florida real estate: Home prices keep rising | Miami Herald
As in many cities, the slowdown has hit South Florida luxury real estate harder than the rest of the market. Tight inventory for affordable homes is leading to bidding wars and escalating prices.
Read more here: http://www.miamiherald.com/news/business/real-estate-news/article110330127.html#storylink=cpy
As in many cities, the slowdown has hit South Florida luxury real estate harder than the rest of the market. Tight inventory for affordable homes is leading to bidding wars and escalating prices.
Read more here: http://www.miamiherald.com/news/business/real-estate-news/article110330127.html#storylink=cpy
Sunday, October 23, 2016
Single-family | Miami-Dade Broward Palm Beach County
September home sales slid across South Florida but median sale prices rose at double-digit rates in Miami-Dade, Broward and Palm Beach
Friday, October 21, 2016
Wednesday, October 19, 2016
Monday, October 17, 2016
Sunday, October 16, 2016
Chinese Buyers US | Chinese Buyers Miami Real Estate
Chinese investment in U.S. real estate is expected to reach $50 billion by 2025,
Chinese investment in U.S. real estate is expected to reach $50 billion by 2025,
Thursday, October 13, 2016
Wednesday, October 12, 2016
Monday, October 10, 2016
Monday, October 3, 2016
Realtor.com® Forecasts Hottest Fall Housing Market in 10 Years:
Buyers of U.S. homes are finding lower inventories and higher prices.
Buyers of U.S. homes are finding lower inventories and higher prices.
Saturday, October 1, 2016
Friday, September 23, 2016
Thursday, September 22, 2016
Wednesday, September 21, 2016
Tuesday, September 20, 2016
Reduced single family home building in the last decade creates insufficient supply in many large areas
South Florida is one of the regions where the supply of new single family homes can't meet the current demand.SouthSouth Florida is one of the areas where there isn't sufficient supply of new single family homes to meet the current demand.
Monday, September 19, 2016
Friday, September 16, 2016
Wednesday, September 14, 2016
A generation of buyers is getting left behind
More residents, unable or unwilling to buy, are delaying home ownership, and this will negatively impact their net worth throughout their lifetime.
More residents, unable or unwilling to buy, are delaying home ownership, and this will negatively impact their net worth throughout their lifetime.
Tuesday, August 30, 2016
Sunday, August 28, 2016
Friday, August 26, 2016
Thursday, August 25, 2016
Fla.’s housing market: Higher median prices in July
Florida buyers paid about 11% more for their homes than a year ago, but the number of sales dropped 8%.
Florida buyers paid about 11% more for their homes than a year ago, but the number of sales dropped 8%.
Wednesday, August 24, 2016
New-home sales climb to highest level in nine years
Brand-new home sales continue to increase in the U.S.
Brand-new home sales continue to increase in the U.S.
Monday, August 22, 2016
Friday, August 19, 2016
Baby boomers still dominate the housing market - Scotsman Guide
"How important is this generation to the housing market?
"How important is this generation to the housing market?
"We think they are very important. One way to think about it is that they are a quarter of the population, but they control about two thirds of the equity in single-family homes, about $8 trillion dollars. Each group is important in the economy, but these people are sitting on most of the housing wealth."
Wednesday, August 17, 2016
Fla. population expected to reach 20.7M this year
Florida's population grew 1.84 percent in the past year, trailing only North Dakota, Colorado and Nevada as the fastest-growing states.
Florida's population grew 1.84 percent in the past year, trailing only North Dakota, Colorado and Nevada as the fastest-growing states.
Friday, August 5, 2016
Thursday, August 4, 2016
Tuesday, August 2, 2016
Sunday, July 31, 2016
Saturday, July 30, 2016
U.S.’s 62.9% homeownership rate at a 51-year low
This was caused by the real estate market meltdown that begun nearly a decade ago, which was all instigated by the very aggressive Federal Reserve policy that occurred after the 9/11 attacks, The crisis affected primarily the newer buyers (minorities and younger people), who paid top dollar; while those with wealth and experience benefited. Will the Federal Reserve make the same mistakes again? If so, you can count on the same sectors to pay the price, while those who understand the game will reap big profits again. Pretty shameful.
This was caused by the real estate market meltdown that begun nearly a decade ago, which was all instigated by the very aggressive Federal Reserve policy that occurred after the 9/11 attacks, The crisis affected primarily the newer buyers (minorities and younger people), who paid top dollar; while those with wealth and experience benefited. Will the Federal Reserve make the same mistakes again? If so, you can count on the same sectors to pay the price, while those who understand the game will reap big profits again. Pretty shameful.
FHA Condo Financing | Federal Housing Administration
In a rare moment of bipartisanship before heading home for the summer, the Senate unanimously passed legislation that will require the FHA to lighten up on its condo financing regulations and make low down payment FHA loans more available to the people they are supposed to serve — moderate-income buyers, many of them minorities and first-time purchasers, who turn to condominiums as their most affordable option.
In a rare moment of bipartisanship before heading home for the summer, the Senate unanimously passed legislation that will require the FHA to lighten up on its condo financing regulations and make low down payment FHA loans more available to the people they are supposed to serve — moderate-income buyers, many of them minorities and first-time purchasers, who turn to condominiums as their most affordable option.
Thursday, July 28, 2016
Wednesday, July 27, 2016
Tuesday, July 26, 2016
Saturday, July 23, 2016
Miami real estate keeps cooling down | Miami Herald
In Miami, the number of sales declined, while prices keep going up.
Broward had a strong month.
In Miami, the number of sales declined, while prices keep going up.
Broward had a strong month.
Friday, July 22, 2016
Monday, July 18, 2016
New Condo Legislation to Bring Relief to Homebuyers: The U.S. Senate recently passed H.R. 3700, the 'Housing Opportunity Through Modernization Act,' by unanimous consent. This legislation includes reforms to current Federal Housing Administration restrictions on condominium financing, among other provisions.
Saturday, July 16, 2016
Friday, July 15, 2016
Fla.’s foreclosure rate dropping, state now No. 4
"South Florida saw a 34 percent drop in foreclosure filings year-over-year,"
"South Florida saw a 34 percent drop in foreclosure filings year-over-year,"
Wednesday, July 13, 2016
Tuesday, July 12, 2016
Friday, July 8, 2016
99 of Top 100 Housing Metros Improve Year over Year: The spring buying season continues to cruise along throughout most of the country, according to Freddie Mac's recently released Multi-Indicator Market Index® (MiMi®).
Thursday, July 7, 2016
Wednesday, July 6, 2016
Tuesday, July 5, 2016
Thursday, June 30, 2016
Wednesday, June 29, 2016
Tuesday, June 28, 2016
Existing-Home Sales Reach Highest Pace in Over Nine Years: Existing-home sales sprang ahead in May to their highest pace in almost a decade, while the uptick in demand this spring amidst lagging supply levels pushed the median sales price to an all-time high.
Monday, June 27, 2016
Sunday, June 26, 2016
Thursday, June 16, 2016
Wednesday, June 15, 2016
Florida sees foreclosures decline by 41,435 | HeraldTribune.com
Florida tied for fourth in the total percentage of distressed properties, with 2.0 percent of the state’s homes in some stage of the foreclosure process.
Florida tied for fourth in the total percentage of distressed properties, with 2.0 percent of the state’s homes in some stage of the foreclosure process.
Wednesday, June 8, 2016
Condo Associations | Condo Fees | Jason Kellogg
Many condos charge illegally high application fees
Nearly half of Miami-Dade condo listings show application fees above $100 limit
Tuesday, June 7, 2016
Thursday, June 2, 2016
Wednesday, June 1, 2016
Tuesday, May 31, 2016
Homes Selling Fast As Prices Hit Record Highs, Says Realtor.com: The U.S. 2016 homebuying season is in full swing, with homes in May moving as fast as we’ve seen since the housing recovery began – even as asking prices continue to hit new record highs.
Sunday, May 29, 2016
Saturday, May 28, 2016
Friday, May 27, 2016
Thursday, May 26, 2016
Wednesday, May 25, 2016
Tuesday, May 24, 2016
Fla.’s housing market: Median prices, new listings rise in April 2016
The statewide median sales price for single-family existing homes last month was $213,000, up 9.2 percent. For townhouse-condo properties in April was $160,000, up 4.4 percent over the year-ago figure.
The statewide median sales price for single-family existing homes last month was $213,000, up 9.2 percent. For townhouse-condo properties in April was $160,000, up 4.4 percent over the year-ago figure.
Friday, May 20, 2016
Broward property values climb, marking fifth straight year of increases - Sun Sentinel
Every one of Broward's 31 cities, as well as the unincorporated areas, saw positive growth in real estate values.
Every one of Broward's 31 cities, as well as the unincorporated areas, saw positive growth in real estate values.
Number of South Florida million-dollar homes nearly doubled since 2012, report says | Miami Herald
A large number of area homes have crossed the $1,000,000 price point in the last few years.
A large number of area homes have crossed the $1,000,000 price point in the last few years.
Miami Retail Market | Fort Lauderdale Retail Market
South Florida shoppers expected to continue to drive to stores, creating greater demand for retail space.
South Florida shoppers expected to continue to drive to stores, creating greater demand for retail space.
Friday, May 13, 2016
Wednesday, May 11, 2016
Tuesday, May 10, 2016
Metro home prices maintain steadfast growth in 1Q
Nationwide, the median existing single-family home price increased in 87 percent of measured markets.
Nationwide, the median existing single-family home price increased in 87 percent of measured markets.
Monday, May 9, 2016
US Home Prices See the interesting chart of a typical U.S. home when priced in ounces of gold. One chart follows the price since 1890 until now. The current price has been climbing for years, but it is still well below the historical averages.
Friday, May 6, 2016
Monday, May 2, 2016
Thursday, April 28, 2016
Housing costs may prompt a population shift
More residents of some of the nation's priciest areas are heading to new cities where housing costs are lower.
More residents of some of the nation's priciest areas are heading to new cities where housing costs are lower.
Wednesday, April 27, 2016
Home prices rise at solid pace even with flat sales
The Standard & Poor's/Case-Shiller U.S. 20-city home price index rose 5.4 percent that month compared with a year earlier, according to a report released Tuesday.
The Standard & Poor's/Case-Shiller U.S. 20-city home price index rose 5.4 percent that month compared with a year earlier, according to a report released Tuesday.
Monday, April 25, 2016
Friday, April 22, 2016
selling-home.png (836×403) Primary reason for selling previous home
Thursday, April 21, 2016
Fla.’s housing market: New listings, median prices rise in March
The statewide median sales price for single-family existing homes last month was $209,500, up 10.3 percent from the previous year, according to data from Florida Realtors Industry Data and Analysis department.
The statewide median sales price for single-family existing homes last month was $209,500, up 10.3 percent from the previous year, according to data from Florida Realtors Industry Data and Analysis department.
Tuesday, April 19, 2016
Saturday, April 9, 2016
Wednesday, April 6, 2016
Sunday, April 3, 2016
Friday, April 1, 2016
Thursday, March 31, 2016
You Haven't Missed the Boom in Florida Real Estate
You Haven't Missed the Boom in Florida Real Estate
By Dr. Steve Sjuggerud
Tuesday, March 29, 2016
"I travel around the world, Steve, and I can't believe how cheap it is here in north Florida," my friend Alistair told me last night. Alistair lives in Ireland. "My wife and I were walking around downtown here... We looked at the home prices in the windows of the estate agents' offices, and we were shocked... It is way cheaper than California, and cheaper than just about anywhere in Europe." I agree! Longtime readers know I've beaten the drum on buying Florida real estate for years. I've been right... The prices have gone up, a lot. But you haven't missed it yet... The values are still here... Here's what I mean by value: Compared with just about anywhere in the world, the quality of life in much of Florida is high relative to the cost of shelter. (Your definition of quality of life might be different than mine... so you're free to disagree with me on that. But it's hard to argue with the value.) It's not just north Florida... Central Florida is in the same position. I visited my brother in the Cocoa Beach area last week. Cocoa Beach offers warm weather year-round and easy access to the Orlando airport. To give you an idea of how warm it is in the winter... My brother, my son, and I recently went surfing while in Cocoa Beach – in just our bathing suits. Folks, it's the month of March! And we were not cold. Where else in the continental U.S. can you do that except in Florida? Prices in the Cocoa area are a great value today, regardless of whether you're interested in the low end or the high end of the market. If you're looking for cheap, the median home price in the town of Cocoa is about $125,000 (that's Cocoa, not Cocoa Beach). If you actually want to live right on the sand, we drove past a nice vacant lot, right on the ocean, with a sign in the yard asking under $800,000. Build your dream house on that lot. I'm not suggesting you pack up and move to Cocoa Beach... My point is, the value for your money in north and central Florida is still incredible right now. The quality of life versus the cost of shelter is hard to beat. Don't wait on this idea too much longer... House prices are up 13.8% over the last year in Florida (according to FloridaRealtors.org). But the median home price in Florida is still below $200,000. The "months of supply" is extremely low, at 4.4 months, which typically means higher prices are coming. Mortgage rates of about 3.7% are not far from all-time record lows. The low mortgage rate makes buying a house extremely affordable now. If you've ever thought about buying a place in Florida, now is your moment. My friend Alistair is not alone – Florida attracts millions of foreign tourists each year – and many of them realize what Alistair did: that Florida house prices are a great value relative to back home. Not only that, it's still a great place to retire... Beat the foreigners and the retirees... Consider getting your chunk of Florida real estate today, while the getting is still good...
By Dr. Steve Sjuggerud
Tuesday, March 29, 2016
"I travel around the world, Steve, and I can't believe how cheap it is here in north Florida," my friend Alistair told me last night. Alistair lives in Ireland. "My wife and I were walking around downtown here... We looked at the home prices in the windows of the estate agents' offices, and we were shocked... It is way cheaper than California, and cheaper than just about anywhere in Europe." I agree! Longtime readers know I've beaten the drum on buying Florida real estate for years. I've been right... The prices have gone up, a lot. But you haven't missed it yet... The values are still here... Here's what I mean by value: Compared with just about anywhere in the world, the quality of life in much of Florida is high relative to the cost of shelter. (Your definition of quality of life might be different than mine... so you're free to disagree with me on that. But it's hard to argue with the value.) It's not just north Florida... Central Florida is in the same position. I visited my brother in the Cocoa Beach area last week. Cocoa Beach offers warm weather year-round and easy access to the Orlando airport. To give you an idea of how warm it is in the winter... My brother, my son, and I recently went surfing while in Cocoa Beach – in just our bathing suits. Folks, it's the month of March! And we were not cold. Where else in the continental U.S. can you do that except in Florida? Prices in the Cocoa area are a great value today, regardless of whether you're interested in the low end or the high end of the market. If you're looking for cheap, the median home price in the town of Cocoa is about $125,000 (that's Cocoa, not Cocoa Beach). If you actually want to live right on the sand, we drove past a nice vacant lot, right on the ocean, with a sign in the yard asking under $800,000. Build your dream house on that lot. I'm not suggesting you pack up and move to Cocoa Beach... My point is, the value for your money in north and central Florida is still incredible right now. The quality of life versus the cost of shelter is hard to beat. Don't wait on this idea too much longer... House prices are up 13.8% over the last year in Florida (according to FloridaRealtors.org). But the median home price in Florida is still below $200,000. The "months of supply" is extremely low, at 4.4 months, which typically means higher prices are coming. Mortgage rates of about 3.7% are not far from all-time record lows. The low mortgage rate makes buying a house extremely affordable now. If you've ever thought about buying a place in Florida, now is your moment. My friend Alistair is not alone – Florida attracts millions of foreign tourists each year – and many of them realize what Alistair did: that Florida house prices are a great value relative to back home. Not only that, it's still a great place to retire... Beat the foreigners and the retirees... Consider getting your chunk of Florida real estate today, while the getting is still good...
Wednesday, March 30, 2016
EB-5 Visa Program | EB-5 Real Estate | SkyRise Miami
The demand for EB-5 visas is greater than ever - Number of applications jumped 50% in 2015
Tuesday, March 29, 2016
Monday, March 28, 2016
Saturday, March 26, 2016
Home values in a quarter of U.S. markets at record levels, Zillow analysis shows - Scotsman Guide
All of the top performing markets in this list have matched or exceeded their prior peak home values, with the exception of Miami-Fort Lauderdale, which Zillow reports is still 25.4 percent off its all-time high.
All of the top performing markets in this list have matched or exceeded their prior peak home values, with the exception of Miami-Fort Lauderdale, which Zillow reports is still 25.4 percent off its all-time high.
Friday, March 25, 2016
Tuesday, March 22, 2016
Monday, March 21, 2016
South Florida Home Prices | South Florida Housing Market
South Florida home prices still far from peak: report
South Florida home prices still far from peak: report
Friday, March 18, 2016
Thursday, March 17, 2016
Tuesday, March 15, 2016
Friday, March 11, 2016
Thursday, March 10, 2016
Tuesday, March 8, 2016
Salary needed to buy homes in US cities - Business Insider
Here's the salary you have to earn to buy a home in 19 major US cities
Friday, March 4, 2016
Wednesday, March 2, 2016
Monday, February 29, 2016
Thursday, February 25, 2016
Wednesday, February 24, 2016
Tuesday, February 23, 2016
Sunday, February 21, 2016
Tuesday, February 16, 2016
Friday, February 12, 2016
Thursday, February 11, 2016
Wednesday, February 10, 2016
Monday, February 8, 2016
Saturday, February 6, 2016
Friday, February 5, 2016
Thursday, February 4, 2016
Monday, February 1, 2016
Friday, January 29, 2016
Thursday, January 28, 2016
Wednesday, January 27, 2016
Miami Home Prices November | Miami Home Price Appreciation
South Florida home prices saw country’s sixth-highest growth in December.
South Florida home prices saw country’s sixth-highest growth in December.
New Miami Condo Construction | Paramount Miami Worldcenter
Report: 76% of new development condos sold - 13,000 units have been sold out of the 17,000 in Miami-Dade and Broward
Tuesday, January 26, 2016
Saturday, January 23, 2016
Single-family home prices soar in Broward County | Miami Herald
Single-family home prices soar in Broward County
Thursday, January 21, 2016
FinCEN Regulation Miami | Luxe Real Estate Secret Buyers
Fed’s anti-money laundering order could benefit Broward, Palm Beach condo markets Average psf for a luxury condo is $1,187 in Miami, $661 in Broward and $948 in Palm Beach.
Fed’s anti-money laundering order could benefit Broward, Palm Beach condo markets Average psf for a luxury condo is $1,187 in Miami, $661 in Broward and $948 in Palm Beach.
Wednesday, January 20, 2016
Thursday, January 14, 2016
Wednesday, January 13, 2016
U.S. Will Track Secret Buyers of Luxury Real Estate - The New York Times
Only two areas will be targeted, Manhattan and Miami-Dade County, from March to August of 2016.
Only two areas will be targeted, Manhattan and Miami-Dade County, from March to August of 2016.
Tuesday, January 12, 2016
Friday, January 8, 2016
Thursday, January 7, 2016
Wednesday, January 6, 2016
Tuesday, January 5, 2016
Friday, January 1, 2016
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