The 1.34-acre “Nena’s Villa,” a Star Island mansion owned by Gloria and Emilio Estefan, was just listed for $40 million. Built in 1940, the estate at 1 Star Island Drive in Miami Beach was last sold in November 1993

The latest price index from CoreLogic covered home prices through January. Home prices in the state of Florida rose 6.5 percent year-over-year in January, according to the latest Home Price Index from CoreLogic; when distressed sales were excluded, that increase jumped

In the end, buying a home all comes down to dollars and cents, and Miami’s qualifying incomes differ in interesting ways with the rest of the U.S. To qualify for a mortgage on a 5 percent down payment, Miami homebuyers

SmartAsset evaluated refinancing around Florida and the country to find that Miami residents are saving more. In Miami-Dade County, Miamians are saving more each year on mortgage refinancing than anywhere else in the state, an analysis from SmartAsset, a personal finance

Terrazas Miami, a 324-unit luxury waterfront, gated condominium community on the Miami River, has hit the 100 sales milestone. Priced starting in the mid-$200,000s, Terrazas Miami offers 1, 2 and 3 bedroom apartments, lofts, townhomes and penthouses. The units

Miami continued to lead the pack in the latest Case-Shiller Home Price Index. Home prices in the Miami metro area put up sterling numbers in the latest Case-Shiller Home Price Indices, rising 0.7 percent from November to December and 8.4 percent from Dec. 2013. Not

Miami continues to grow despite seasonal slump thanks to international and northeastern demand. Miami was 2014’s hotbed market, breaking records with high sales and surging prices, despite inventory shortages. A new report from the Miami Association of Realtors and

Rental rates continued climbing into the new year, setting the pace for a strong performance in 2015. Miami renters felt the sting of increased rates in January, as growth continued to surge in South Florida, according to apartment market

A new fourth quarter from Metrostudy highlights the building gains South Florida had in the final months of 2014. Building took a slight slump in the final months of 2014, falling 16 percent from the third to fourth quarter.

Just how dramatic has housing shifted towards rentals, in the last seven years? Sixty-five percent of Miami residents now live in rental housing, up from 60 percent in 2006; as if that weren’t enough, the renter population in Miami is up 25 percent in

Palazzo Del Sol’s Penthouse 2 is under contract at $35 million, a transaction that is nearly three times the highest sale price ever recorded on famed Fisher Island. The highest previous sale was to Canadian billionaire Lawrence Stroll, who purchased

Maxwelle Real Estate Group recently announced a new exclusive boutique condominium, Oceanbleau, that will embody the elegance and tranquility of Hollywood Beach. Oceanbleau, located in one of Florida’s family-oriented, touristic communities, is in close proximity to South Florida’s highly coveted

A case moving through Florida’s Supreme Court could give banks a new weapon when filing foreclosure suits. More than anywhere in the U.S., Florida has struggled to trudge through the viscous sludge of foreclosures that pooled in the aftermath

Brazilians are spending more money in the U.S. than ever…and Miami is benefitting big. A port of indulgence for Brazil’s elite, Miami has catered to South American investors for decades, helping them funnel huge sums into lavish, coastal condominiums.

Marc Puleo, former CEO of 1-800-PET-MEDS and current owner of Enrique Iglesias’ former mansion, placed Villa Jasmine on the market for $25 million on Wednesday. After completing renovations on the property in 2003, Iglesias sold the mansion a year later to

The Magic City ended 2014 well, but several problems are still likely to plague the South Florida market in the new year. Miami’s housing market performed well in the final months of 2014, leveraging a surge of consumer confidence