Sales of new singe-family homes for the month of May, according to new data from the Census Bureau, rose 19.8 percent year-over-year to a two-year high. The 369,000 seasonally-adjusted annual rate was also 7.6 percent above April’s rate of

Lani Kahn Drody, Master Brokers Forum member, and president of Lowell International Realty, recently sold former Florida Governor Jeb Bush’s home located at 629 Altara Ave. The home, located in Coral Gables, closed at a price that was over

Existing-home sales in May declined 1.5 percent from April to May to a seasonally adjusted annual rate of 4.55 million, but were up 9.6 percent from May 2011, according to the National Association of Realtors. Median existing-home price, though,

Miami-based developer The Related Group is building great success with their new downtown Miami development Mybrickell, as the group is set to reward over $3.2 million in commission checks to its brokers, according to an issued press release. Brokers

It’s no mystery to Realtors in Miami that foreign investment has comprised a big chunk of the city’s recent surge in real estate, but a detail of that surge may surprise some. Of all the foreign groups buying housing

The Casa Casuarina, the late Gianni Versace’s Miami Beach mansion, has been listed for $125 million, the highest listing price in the Miami area. Listed by Jill Eber and Jill Hertzberg of The Jills, a Coldwell Banker team, the

First,a triplex penthouse at the Continuum in South Beach recently sold for $25 million, setting a new record for condo sales in Miami; then, another Continuum unit sold for $16.25 million just a month after being initially listed. Now, an

The Trump International Hotel & Tower in Chicago made a big splash last week when it listed one of the most expensive slices of real estate in the city’s history – an 89th-floor, 14,260 square-foot, $32-million penthouse. Trump Tower, though,

Cumulative pending home sales for the Miami-Dade area were up 8 percent in April from last year, according to the latest release from the Miami Association of Realtors (MAR). For total listings, pending sales were also up year-over-year, climbing

The construction industry is one of the inarguable success stories in 2012’s housing recovery, and nowhere is that more true than in South Florida. According to a new report from McGraw-Hill Construction, residential construction in the South Florida market

Costco, the popular warehouse club chain, is a great place for food, office supplies, clothing and…mortgages? Yes indeed – Costco has partnered with First Choice Bank and 10 other lenders to offer home purchasing and refinancing products through its

The First Multiple Listing Service (FMLS), a 55-year-old MLS that serves more than 30,000 agents throughout Georgia, was in the news last weekwhen Lane Bailey, a Realtor in the state, discovered that when uploading photos to FMLS, agents and photographers

A three-story penthouse in the Miami luxury condominium development, Continuum, sold for $25 million, breaking countywide condo sales records. The unit, which takes up the 40th through 42nd floors of the development’s south tower, features 25-foot ceilings, five bedrooms

Home values nationwide have began to stabilize in S&P’s latest Case-Shiller Home Price Indices, and the market in Miami is leading the charge to recovery. From February to March, prices rose 0.9 percent in Miami, while nationally, prices were

International Sales Group (ISG) has promoted its partner, Sergio Pintos, to Executive Vice President May 29, according to an issued press release. Pintos served as senior vice president of sales at ISG before stepping into his new role, and

With yet another month of median price increases, April marked a five month long stretch of home price increases for Miami. Condos led the way with an incredible 30 percent year-over-year increase. Single-family home prices also posted strong yearly