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Top 10 Miami Agent stories of 2016

Here at Miami Agent, we cover a wide variety of topics day in, day out. From home sales, to new construction, to how agents can better their business, our coverage involves just about every major topic in real estate today. Certain

The damage $1,000 could do to home affordability

Affordability is a chief concern in any real estate market. But even though it’s a popular talking point for industry insiders, few understand the true volatility of “affordable.” To some families, the line keeping them out of homeownership is

Hypoluxo named one of Florida’s best places to buy a home

Greater Miami’s Hypoluxo community is one of the best places in Florida to buy a house, according to a new report from Niche. The rating website made its decision after weighing more than a dozen data points, which included

NAR awarded the first Diamond Council status to MIAMI

On Nov. 5, the Miami Association of Realtors became the first Realtors association to be awarded with the Diamond Global Business Council Award, the National Association of Realtors’ highest designation. The Diamond award is reserved for councils that have earned the Platinum

National AREAA chairman Jim Park gets real on China

Jim Park is a partner with The Mortgage Collaborative and the current chairman of the Asian Real Estate Association of America, and he took time to discuss with us the realities of what Chinese investment means for U.S. real

In October, MIAMI says bleeding market looks fine

In almost every way you cut Miami’s real estate market, prices were up and sales were down in October, according to a new report from the Miami Association of Realtors and the local MLS. On the single-family side of

4 reasons Key Biscayne is a paradise

Trip Advisor calls its beaches “brilliant.” Sperling’s rates it among the best places to live in all variety of categories. But to the actual residents of Key Biscayne, it’s simply known as a paradise. And here’s why: 1. THE luxury

Study: 2.5 million consumers will soon re-enter the housing market

Approximately 2.5 million consumers are rejoining the housing market this year, according to a new study from Experian. During the downturn and subsequent recession, many consumers tacked foreclosures, short sales and/or bankruptcies onto their credit report, where they remained for seven years. Between June

Markets to watch in 2017: Miami

There is no denying the affordability and oversupply problems plaguing the Miami market, but that doesn’t negate the fact that it’s still considered one of the top real estate markets to watch in 2017, according to a joint report

This week in Miami real estate: Tower set to alter Miami Skyline and Douglas Elliman announces new managing broker

Lots of interesting things happened this week in the world of real estate. Notable stories this week include a new branded tower coming to Miami’s skyline and a $25-plus-million penthouse. Catch up on this week’s top news with our

Is Miami overvalued? “Not at all,” says top producer Karen Elmir

Karen Elmir is the founder and CEO of Cervera Real Estate’s The Elmir Group, and she took time to share her thoughts on the state and future of Miami’s luxury market.  Miami Agent (MA): Where is Miami’s luxury real

Hurricane Matthew could cause billions in property damage

Earlier today Hurricane Matthew returned to Category 4 strength. The National Hurricane Center described the storm as “extremely dangerous” and clocked winds at up to 160 mph. It’s expected to hit Miami tomorrow, and the damage could be catastrophic.

Investorist CEO Jon Ellis explains why Chinese buyers flock to Miami in October

Jon Ellis is the chief executive of Investorist, an online purchasing platform for off-plan properties. We spoke with him about China’s Golden Week, and what it means for Miami. Miami Agent (MA): Is there greater demand for property in

Wage increases get lapped by surging home prices in Miami

Home prices in Miami are outpacing wage growth, new research from ATTOM Data Solutions confirmed. It’s a foundational problem that could lead to the market’s eventual implosion if the city can’t reverse it. Some people called the 2007-2008 downturn a

Miami breaks sales record in August

Single-family home sales in Miami set an all-time record in August, with 1,239 sales, according to a report from the Miami Association of Realtors and the local MLS. The same cannot be said of the city’s condo market. “With

New Master Brokers survey reveals ‘sober awareness’ of Miami’s market

Has Miami hit its home price peak? The members of the Master Brokers Forum seem to think so. In a recent survey of its members, the MBF found that 89 percent expect Miami home prices to stay flat or fall

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