Local News

Real estate news in Atlanta

Market for new homes outperforms that of existing ones in April

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Judge orders MRED to restore Zillow’s access to listing data amid antitrust lawsuit against MRED, Compass

A federal judge ordered Midwest Real Estate Data to restore Zillow’s access to its licensed listing data.

Related Ross breaks ground on Shorecrest in West Palm Beach

Related Ross recently broke ground on its Shorecrest waterfront condominium development in West Palm Beach.  

Pace of home sales remains brisk in Miami-Dade

Single-family home sales rose 8.6% from 950 to 1,032, while condominium sales climbed 2.8% from 1,005 to 1,033, MIAMI REALTORS® + RWorld said. 

GID Residential expands to Georgia, Florida and Mid-Atlantic

The firm is the multifamily development platform of global real estate investor GID. 

NAR: Miami ranks No. 2 in US for pending home sale growth

Among the top 50 metro areas, Boston and Miami led the pack. 

Ritz-Carlton Residences, Estero Bay, opens South Tower

The north and south towers will form the heart of the 500-acre Saltleaf on Estero Bay master-planned community south of Fort Myers. 

First new manufactured home community in Miami-Dade in decades set to begin sales

Cottage Grove will bring 349 homesites and numerous amenities to south Miami-Dade County, with prices starting at $129,900. 

Zillow files antitrust lawsuit against MRED, Compass

Zillow has filed an antitrust lawsuit against Midwest Real Estate Data and Compass over an April agreement to share Compass’s listings through MRED’s private listing network.

MIAMI REALTORS® and Broward, Palm Beaches & St. Lucie Realtors® complete historic merger

With 93,000 members, the new organization, to be called Miami and South Florida REALTORS®, will be the largest in the world. 

Okan Tower hits 50 stories as buyer interest percolates

The 72-story luxury tower has reached 75% structural completion, with plenty of interest from overseas. 

Sales launch at The Cove Residences in Edgewater

The 40-story tower will bring 134 one- to four-bedroom condominiums, priced from the $900,000s, to market. 

Shelton Bernace Group joins Compass

The 36-agent team will work from the brokerage’s South Miami office. 

Case-Shiller: Miami home-price growth rises month over month

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the ninth month in a row.

Industry veteran Sabine Otamendi, tennis pro JP Smith join Douglas Elliman

They will both be based at the brokerage’s MiMo office. 

Cipriani Residences hits 872 feet, becoming tallest residential tower south of NYC

The supertall luxury tower will eventually rise to 950 feet in the Brickell neighborhood. 

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