NEW YORK – Oct. 27, 2016 – Applying for a home loan? You may want to consider paying off your credit card bill first. Thanks to a recent change by major credit rating agencies, mortgage lenders can now look at whether you pay off your bill every month or keep a balance. That means homebuyers who pay off their credit cards may earn an advantage when looking for...
Miami home prices up $50,000 since last year in September
Miami home sales fell yet again in September, but the market’s mid-section continued to prove popular among buyers, according to a joint report from the Miami Association of Realtors and the local MLS. Across Miami-Dade County, total sales of all property types fell 14.7 percent year-over-year, while single-family sales fell 10.8 percent and condo sales slipped...
Florida real estate market rapidly returning to ‘normal’
WASHINGTON – Oct. 26, 2016 – According to Freddie Mac, the nation’s housing market is almost back to normal or, in Freddie’s terms, “on the outer edge of its historic benchmark range of housing activity.” The study also found that Florida and many of its metro areas are improving quickly. The state came in second to Nevada as “most...
Metrorail and Metromover will run late on weekends
A goal Miami’s Downtown Development Authority has been pursuing for more than a year – late-night service on Metrorail and Metromover – will finally be realized by the end of this month. On Friday and Saturday nights, Metrorail and Metromover will run until 2 a.m., said Alice Bravo, director of the county’s Transportation & Public Works Department. “We have...
Coconut Grove’s luxury real estate market on the rise | Miami Herald
As Miami’s primordial neighborhood, Coconut Grove evokes passion and pride among its residents past and current. Long considered Miami’s dormant market, the Grove has most recently come alive with vast opportunity driven by the demand of both residential and rental sales that includes new plans, preconstruction deals and surging prices. The Grove’s vast green...
NEIGHBORHOOD TOUR: Wynwood ready for development boom as it grows up
Miami’s Wynwood neighborhood’s current incarnation as an arts district and retail and nightlife cultural hub took off in the mid-2000s when Goldman Properties and its founder Tony Goldman began buying up chunks of the neighborhood in 2006. Now, a decade later, the neighborhood is entering its next stage as a work/live destination. In addition to Goldman...