Read Today’s Top Story: Miami-Dade home sales increase again

Agent News

The Jills Zeder Group hits $2B sales volume mark in 11 months

The Jills Zeder Group has surpassed $2 billion in sales for 2021, doubling its numbers from May, according to a press release. 

South Florida luxury real estate market heating up as year approaches end

Luxury real estate is in high demand in Florida’s housing market, as November alone saw 55% more sales than listings, according to a report by the Institute for Luxury Home Marketing.

The Standard launches first residential project in Miami

Standard International and Rosso Development recently announced the launch of The Standard Residences in Midtown Miami, the first of its kind in the area, according to a press release.

First large-scale opportunity zone development introduced in Miami

The Estate Companies (EIG) and PTM Partners (PTM) have announced the completion of Soleste Grand Central, a 360-unit rental development located at 218 NW 8th St.

South Florida’s ‘Monarch Estate’ hits the market

A Douglas Elliman agent has listed South Florida’s “Monarch Estate” for $14 million, according to a press release. Known for the butterfly sanctuary on its 1.5-acre grounds, the 12,000-square-foot home at 3030 Meadow Ln. is located in the Windmill Ranch Estates community, just north of Miami.

Eight Florida metro areas ranked in Top 100 for highest home price increases

Home prices in eight Florida metro areas were significantly higher than the average price in the rest of the country, according to the Federal Housing Finance Agency House Price Index (FHFA HPI).

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

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

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 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

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

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

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

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

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

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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