The Federal Housing Administration issued new guidelines Wednesday that aim to streamline the agency’s approval process for condominium projects. The long-awaited regulations are intended to promote affordable and sustainable homeownership, especially among credit-worthy first-time buyers. “Many condo buyers have never owned a home before. A new FHA policy aims to expand homeownership.” Source: Forbes.com The […]
Miami-Dade County total home sales jumped year-over-year in May as low mortgage rates and new tax laws continue encouraging encourage domestic buying activity, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system. Miami total home sales jumped 6.6%, from 2,622 in May 2018 to 2,796 in May 2019. Miami […]
Miami grew 10.7% from 2012 to 2017 and will continue to expand over the next decade. A true Boomtown. According to the U.S. Census Bureau’s 2017 American Community and the Bureau of Economic Analysis, Florida is the 2nd fastest growing State in the entire country. Though wages remain stagnant for many American workers, there are […]