The anti-flipping waiver that was initiated in 2010 by the U.S. Department of Housing and Urban Development was set to end this Saturday, December 31st, but it has been extended. This means Florida home buyers will still be eligible to purchase flipped homes with Federal Housing Administration loans throughout next year. The waiver stated that FHA-backed... [Read more...]

The economic tide has turned in South Florida if the number of new restaurants is any indication. The Boca Raton area is trading one deli for another. Pastrami Queen which closed in 2009 has now reopened as Zinger’s Delicatessen. Located at 7132 Beracasa Way, the deli’s claim to fame is they make their own meats. The Axis on Brickell building, 1111 S.... [Read more...]

As you head out to celebrate with your friends and family the staff here at Urbanism Group would like to take a moment to wish you happy holidays! We hope you enjoy your time and we look forward to sharing more on South Florida real estate with you next week! Read More →

Back in October it seemed as if mortgages rates had reached an-all time low, but they have dropped again setting a new record. The average rate on the 30-year fixed mortgage fell to 3.94% matching October's numbers while the 15-year fixed-rate loans set a new record low of 3.21%. Five-year adjustable rate mortgages also dropped down to 2.86%. The new record... [Read more...]

Earlier this week we shared news that South Florida may lead the state's housing comeback and it seems as though the U.S. single-family housing market is also set to rebound. Signs of the reawakening include the trend of sales and prices being on the rise, as well as the amount of foreclosures declining in many metropolitan areas. Industry analysts believe... [Read more...]

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