Local News

Real estate news in South Florida

RentPath names new CEO after Redfin takeover
RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

My State MLS founder Dawn Pfaff wins GlobeSt. Real Estate Forum’s 2021 Woman of Influence Award
My State MLS founder Dawn Pfaff wins GlobeSt. Real Estate Forum’s 2021 Woman of Influence Award

Dawn Pfaff, founder and president of My State MLS, headquartered in Jupiter, Florida, has been selected as a winner of the GlobeSt. Real Estate Forum’s 2021 Woman of Influence award, within the Innovator category.

Cash is king in the South Florida real estate market
Cash is king in the South Florida real estate market

Redfin reports that in 2021, 30% of home purchases nationwide have been cash deals. A recent article in Housing Wire reported “Cash buyers are scooping up homes like mad.” That number is even higher in South Florida. West Palm Beach tops the list – 52.6% of the metro area’s home sales in 2021 have been in cash.

Miami rental and sales prices exploding
Miami rental and sales prices exploding

As population booms with transplants to Florida, real estate prices are skyrocketing for rentals and sales.

Resilient Miami condo market posting record sales
Resilient Miami condo market posting record sales

Condo sales in Miami-Dade County remain strong, with record increases, after the collapse of the Champlain Towers South in Surfside, the Miami Realtors Association said in a statement.

Fadia Bassi joins Aman as regional director of residences sales, North America
Fadia Bassi joins Aman as regional director of residences sales, North America

“Aman’s branded residences are completely standout, and I have long admired the brand’s approach to design, service and the amenities offered to its owners. I am delighted to be joining the team.”

Florida housing market: Sales, median price, new listings up
Florida housing market: Sales, median price, new listings up

Florida’s housing market in June continued the same trends as previous months with more closed sales, higher median prices and more new listings compared to a year ago, according to Florida Realtors’ latest housing data.

Matthew Adler joins national multifamily developer ZOM Living as senior vice president of finance
Matthew Adler joins national multifamily developer ZOM Living as senior vice president of finance

ZOM Living expands its management team with Matt Adler, bringing over 20 years of investment management and real estate development experience.

Study shows Florida homes overpriced by more than 20%
Study shows Florida homes overpriced by more than 20%

Florida homes keep fetching more money than they’re worth, a disturbing development that eventually could put buyers in a bind, according to researchers at Florida Atlantic University and Florida International University.

La Costa evacuated, and Mast Capital buys with plans to demolish
La Costa evacuated, and Mast Capital buys with plans to demolish

Mast Capital acquired a majority of the units at La Costa on Miami Beach for more than $100 million in May before the order to evacuate the unsafe structure. They plan to build a luxury tower on the site of the oceanfront condo building that was ordered evacuated by the city.

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