CHICAGO – April 18, 2017 – Millennials often get all the attention, but members of Generation X are really the ones driving the housing market lately. Gen Xers – adults between the ages of 37 and 51 – make up the second largest share of home buyers, comprising 28 percent in 2016, according to data from the National Association of Realtors® (NAR). They’re...

The much-discussed Downtown Miami convention center hotel planned for the old Miami Arena site (700 North Miami Avenue) inches closer to life, with MDM Group reportedly under contract to acquire the property for $44.5 million with the deal expected to close by the end of March, according to The Next Miami. New plans were filed under the “Marriott Marquis Miami...

With Miami’s abundance of luxury residential developments and proximity to both the bay and ocean, it’s no revelation to see so many active homes for sale with jaw-dropping price tags. In taking a look at the pinnacle of the Miami real estate market, we now learn five homes are listed at $40 million or higher with at least another dozen exceeding...

WASHINGTON – It could be a boon for some home buyers — their credit scores will get a surprise boost — but worrisome for mortgage lenders, landlords and others who depend on credit reports to evaluate their potential customers. In a little-known policy shift, the three national credit bureaus — Equifax, Experian and TransUnion — plan to stop collecting...

From TRD New York: When the Federal Reserve raised interest rates in March for the second time in three months, it signaled that the nine-year stimulus campaign launched during the financial crisis was nearing an end. Overseas, however, “lower for longer” remains the reality, with low or even negative interest rates expected to continue in countries like...

South Florida has just reached new heights, adding to its skyline the tallest building in Florida and the tallest residential project south of Manhattan. Looking over downtown Miami’s Brickell Avenue at 85 stories, Panorama Tower includes 821 rental units served by 45,000 square feet of amenities; 208 hotel rooms by Hyatt Centric; 100,000 square feet of office...