How to Protect Against Real Estate Fraud: Key Tips for Realtors
In today’s digital environment, real estate fraud has become increasingly prevalent, posing a growing threat to both buyers and professionals in the sector. Among the most common types of fraud is identity theft, which has resulted in millions of dollars in losses for both buyers and lenders. Realtors play a key role in protecting their […]
Downward Trend in Mortgage Rates: A Key Opportunity for Florida’s Real Estate Market
The Florida real estate market is experiencing a pivotal moment due to the recent decline in mortgage interest rates, which is driving both home sales and mortgage applications. This downward trend presents an excellent opportunity for buyers, investors, and, of course, real estate agents looking to boost the market. Mortgage rates at their lowest level […]
Surge in Luxury Condo and Home Sales in Miami in July 2024
Miami, FL — The Miami real estate market experienced significant growth across several key sectors in July 2024, according to recent data from the MIAMI Association of Realtors and the Southeast Florida Multiple Listing Service (SEFMLS). Luxury condominium sales priced at $1 million and above, total home transactions, and single-family home sales all saw notable […]
The Impact of Artificial Intelligence on Real Estate Development
Artificial intelligence (AI) is transforming real estate development by making processes easier for developers and investors through precise market trend analysis and property management automation. In the realm of construction and real estate marketing, AI has become an invaluable tool for anticipating market changes. By processing large volumes of data, including historical property information, demographic […]
New Mixed-Use Development to Transform Doral’s Urban Landscape
The City of Doral has approved a new mixed-use development, Doral Parc: Midtown Doral Phases IV, V, and VI, which will feature 552 residential units across three 10-story buildings and 22,740 square feet of retail space in two new parking garages. This ambitious project is a joint venture between MG Developer and Latin American entrepreneur […]
Surge in $1M and Up Single-Family Home Sales in Broward County in Q2 2024
MIAMI — Sales of single-family homes in Broward County priced at $1 million or more saw a significant increase in the second quarter of 2024, according to statistics released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Venus Proffer, President of BROWARD-MIAMI, commented on the market situation: […]
Maximize Your Benefits: Discover How to Form an LLC or PA with ACMM Consulting for Miami Realtors
At First Title Group, we are committed to not only helping you with title insurance but also enhancing your financial and professional situation. If you’re a realtor in Miami, forming a Limited Liability Company (LLC) or a Professional Association (PA) can be a key strategy to achieve this. Our sister company, ACMM Consulting, is here […]
How Higher Rates Affect Home Buying
Amid the recent decisions by the Federal Reserve regarding interest rates, many are wondering how this will impact the real estate market and home buyers. Although the Federal Reserve does not directly set mortgage rates, its influence on the financial market has significant repercussions. What Does This Mean for Buyers? Higher interest rates, such as […]
Miami’s Real Estate Market Draws Global Attention: Poland Leads in Online Searches
MIAMI — Poland emerged as the leading source of global online searches for real estate in South Florida in March 2024, as per a recent report by the MIAMI Association of REALTORS® (MIAMI). Poland has maintained its top position for two consecutive months. “The Miami real estate market isn’t confined to just a couple of […]
Florida’s Housing Market in April: Sales, Prices, and Inventory on the Rise
ORLANDO, Fla. – According to the latest data from Florida Realtors®, Florida’s housing market in April showed growth in closed sales, available inventory, new listings, and median prices compared to the previous year. “Increased active listings provide more options and homeownership opportunities for buyers, which in turn stimulates demand,” explained 2024 Florida Realtors® President Gia […]