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Real Estate

  • Reasons to Buy a House This Year

    The price jumps during the recent months have created an attractive atmosphere in the country’s housing market. Yet even with much good news, many buyers are still hesitant to jump …

  • Rising Rates Threaten Home Builder Sales

    Newly built homes are good for replenishing the tight supply plaguing markets across the country. The recent mortgage rate increase, however, may dampen the sales of these homes, which were …

  • No End Foreseen in Mortgage Rise

    The recent jump in mortgage rates will not likely happen again but years of basking in low rates might be over. According to Freddie Mac, average 30-year fixed rates jumped …

  • Rising Home Sales Renew Bubble Fears

    Prices and sales of homes continued to increase in May renewing fears of a housing bubble. The fear might continue if the tight inventory situation is not remedied. According to …

  • Mortgage Rates Soar Hitting Its Highest in 2 Years

    The U.S. mortgage rates experienced a sudden jump, increasing the current costs of buying a home. The rates have soared from their near-record lows with 30-year average fixed mortgages reaching …

  • Sales of Pending Homes Jump Reaching Its Highest in 6 Years

    Pending homes sales jumped to 6.7 percent, reaching a six-year high. According to the National Association of Realtors, signed contracts to purchase homes that were owned previously increased 6.7 percent …

  • Builder Confidence Rises as Housing Recovery Picks Up Pace

    Builder confidence increased Monday as housing recovery continues its steady pace. According to the National Association of Home Builders, the index measuring builders’ confidence jumped to 52 in June. It …

  • Consumers Reemerge in June

    The recent positive outlook of the housing market has caused a surge in consumer confidence, a June report reveals. Despite the dismal performance in Wall Street, consumers are not panicking …

  • Miami Beach Mansion Sold for $30 Million

    The Mediterranean-style mansion at La Gorce has recently sold for a hefty $30 million, making it the highest that the La Gorce Island in Miami Beach has ever seen. The …

  • Key Biscayne Recovering From Crash

    Miami was reported to have started its recovery with only a handful of properties left from the previous housing bubble currently remain unsold. Recent developments reveal that another area of …