Agent News

Redfin: Homebuying demand reaches all-time high
Redfin: Homebuying demand reaches all-time high

The demand for housing in the U.S. has reached a new all-time high since 2017, a rare occurrence for this time of year when the market typically slows. According to a Redfin report, a recovering economy and all-time low mortgage rates are critical factors in the current market. 

Coldwell Banker survey gauges importance of homeownership among Americans
Coldwell Banker survey gauges importance of homeownership among Americans

As the economy recovers from COVID and the housing market gains traction, homeownership is top of mind for Americans, according to the latest survey from Coldwell Banker Real Estate LLC.

Hollywood brokerages, mayor hand out turkeys to community
Hollywood brokerages, mayor hand out turkeys to community

The DeMarco Real Estate Group, RE/MAX 5 Star Realty and Hollywood, Fla., Mayor Josh Levy joined forces on Nov. 21 to hand out over 200 complete Thanksgiving meal kits to members of the local community.

Miami-Dade real estate breaks annual total sales record in only 10 months
Miami-Dade real estate breaks annual total sales record in only 10 months

Miami-Dade County broke its record for the most annual home sales in only 10 months as October transactions surged year-over-year, according to a report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS).

Miami No. 1 relocation destination among New Yorkers
Miami No. 1 relocation destination among New Yorkers

As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.

New elevated Miami Beach home lists for $25M
New elevated Miami Beach home lists for $25M

A new elevated waterfront estate on Miami Beach’s Rivo Alto Island is up for grabs for $25 million. Danny Hertzberg of The Jills Zeder Group is representing developer Francisco Perez Yoma, founder of Empresas FPY, one of the largest construction and real estate groups in Chile, according to a press release. 

Second-home demand up 70% from pre-pandemic levels
Second-home demand up 70% from pre-pandemic levels

Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.

Smaller spaces reign supreme in Miami
Smaller spaces reign supreme in Miami

With the rise of remote work and a younger generation of digital nomads spending time away from home, small spaces that offer flexible living are making a comeback. As travel restrictions ease, buyers are looking for homes that provide ownership on their terms, with the ability to home-share or rent out their unit to pay the bills while jet-setting.

NAR Board of Directors meeting reveals statistics about member dues, operations
NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

Median prices, cash sales continue to rise as 2021 nears end
Median prices, cash sales continue to rise as 2021 nears end

Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors. 

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