Local News

Making Moves: Bonnie Metviner named regional VP of Real Estate Council

Making Moves: Bonnie Metviner named regional VP of Real Estate Council


Coldwell Banker Realty’s Bonnie Metviner tapped to serve as regional VP of the Region 2 Residential Real Estate Council

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Miami homes named most at-risk for storm surge in 2020

Miami homes named most at-risk for storm surge in 2020


A new report from CoreLogic warns of increased hurricane risk this season, compounded by coronavirus-related weaknesses.

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Florida has second highest number of zombie foreclosures in the nation

Florida has second highest number of zombie foreclosures in the nation


A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

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Pending home sales took a deep dive in April, but NAR upgrades its forecast

Pending home sales took a deep dive in April, but NAR upgrades its forecast


NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

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Rent increases down in Miami in April

Rent increases down in Miami in April


A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

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Miami listings plentiful, but that’s not helping affordability

Miami listings plentiful, but that’s not helping affordability


Homes are more affordable nationwide due to declining interest rates, but a shortage of listings in most cities due to the pandemic is making them harder to find.

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Existing-home sales drop 17.8% in April, but first-timers are coming back

Existing-home sales drop 17.8% in April, but first-timers are coming back


Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

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Purchase applications up 13% in Florida

Purchase applications up 13% in Florida


Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

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Inventory Intel: 4th $10M+ sale during COVID-19-era at One Thousand Museum

Inventory Intel: 4th $10M+ sale during COVID-19-era at One Thousand Museum


Karen Elmir of the Elmir Group at Cervera Real Estate calls the sale “monumental” for these “uncertain times.”

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Builder confidence up after April drop; signs of rebound emerge

Builder confidence up after April drop; signs of rebound emerge


Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

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