REAL ESTATE NEWS

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Demystifying real estate terminology for Homebuyers

First-time home buyers can have a tough time sorting through real estate terms spewed by real estate agents, lenders, real estate attorneys and other real estate professionals.

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Housing Recovery in Phase Three: Market 64% Back to Normal

Trulia TRLA -4.16%’s Chief Economist reveals the latest findings from the Trulia Housing Barometer. The recovery has now entered a new phase as mortgage rates rise and inventory expands.

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Your condo-buying cheat sheet

August Buying Advice: Priced out of a backyard? Here’s what you need to know before you buy a condo.

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Las Vegas leading property market recovery in the US

National residential property prices in the United States have increased by 9.3% over the last year and 1.6% over the last quarter, according to the latest index to be published.

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Case-Shiller index: S. Fla. home prices rise again

A barometer of South Florida house prices increased in May for a 17th consecutive month. The Standard & Poor’s/Case-Shiller index, released Tuesday, rose 14.2 percent from a year ago.

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Home Prices Jump the Most in 7 Years

The housing recovery may have hit its strongest point yet. Home prices in May were up 12.2 percent from a year ago, the biggest jump since February 2006.

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The Miami real estate market is experiencing significant strengthening

“The Miami real estate market is experiencing significant strengthening as we continue to see greater demand than supply”, – said Chairman of the Board of the MIAMI Association of Realtors Natascha Tello.

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Most Expensive House in Miami: $60 Million

We are a country of optimists, and nowhere can more be found per square inch than the investors who are buying up the south Florida real estate market. We’re not sure how this not-so-little gem escaped their notice since it’s been billed as Miami’s most expensive piece of real estate and has been on the market for $60 million since the spring.

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Miami Home Sells For $47 Million, Most Expensive Sale in City’s History: Realtor

A home on the private island Indian Creek has sold for $47 million and the real estate agents say it was the most expensive sale in Miami’s history.

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Miami Condo Developers See Promise in Foreign Buyers

Miami’s real-estate market has been hot lately, spurred largely by an influx of wealthy foreign buyers purchasing second homes with cash.