RECENT BLOG POSTS
WASHINGTON -- U.S. mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home. The average rate on the 30-year fixed loan soared this week to 4.46 percent, according to a report Thursday from mortgage buyer Freddie Mac. That’s the hi...
06/28/2013
Developers are preparing to launch the next condo towers in Downtown, Miami to international buyers who can pay in cash. At least six new condos are about to break ground in Downtown, Miami in the next few years, with developers promising to give details about other constructions they have in min...
06/27/2013
Miami-based developer Terra Group expects to break soon on its Grove at Grand Bay condominium project in Coconut Grove, which will feature two 20-story glass and steel towers, twisting floor to floor and showcasing its bayfront views. The low-density project, designed by Danish architect Bjarke I...
06/27/2013
In recent years, Venezuelans in particular have been coming to the city in droves. Since the Miami Association of Realtors started to track sales to foreign buyers in 2006, Venezuelans have bought more Miami real estate than Brazilians, Argentinians or citizens of any other nation in the world. T...
06/27/2013
Housing is going to propel the economic recovery, or so many experts have said. Some of them are warning, however, that the enthusiasm should be curbed despite all the upbeat data recently. Robert Shiller, Karl Case and David Blitzer -- leading experts in the housing market -- believe several hea...
06/26/2013
U.S. single-family home prices rose in March, racking up their best annual gain in nearly seven years in a further sign that the strengthening housing recovery is providing a source of support for the economy, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 ...
06/26/2013
Most people in the United States celebrate the 4th of July, but do you know exactly why the holiday is so important to our country? Imagine how you would feel if someone older than you (maybe an older sister or brother) kept telling you what to do all of the time and kept taking more and more of ...
06/26/2013
Sales of new U.S. homes climbed in May to a seasonally adjusted annual rate of 476,000, up 2.1% from April, the government reported Tuesday. The government's report beat economists' consensus forecast for an annual rate of 468,000. April's rate was revised up to 466,000 from the previously report...
06/26/2013
The prospect of foreclosure can be terrifying, and losing your home can be a painful experience. No one enters into a mortgage with the idea that they will have to surrender the home, but unforeseen changes can leave you facing foreclosure. Job loss, medical bills, divorce or other unexpected lif...
06/25/2013
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client's interests above anyone else's; Keep the client's information confidential; Obey the client's lawful instructions; Report to the client anything that would be useful; and Account to...
06/21/2013
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