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Real estate news in Atlanta

Miami ranked the No. 2 city in the U.S. for creatives

With 31, Miami has more music festivals than any other city in the analysis. The city also scored well for its number of film festivals and artists. 

Illustrated Properties promotes Amanda Fell to director of operations

Fell has worked for Illustrated Properties for 18 years and previously was director of corporate services.

Illustrated Properties to open new Palm Beach office

Anderson Ohman will serve as the manager of the new office and oversee the day-to-day operations. Renovations are expected to finish in early December. 

South Florida home sales to drop in 2023 while prices grow, Realtor.com projects

The projected year-over-year change in home sale transactions in the Miami-Fort Lauderdale-West Palm Beach region is -2%.

Miami ranks among best cities in the world

Miami came in at No. 52 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

Miami Beach ZIP code 33109 named one of the priciest in the nation for real estate

From January through October of this year, the Fisher Island ZIP code had a median home sale price of $5.2 million, fourth-highest in the nation.

Chicago-based Baird & Warner launches brokerage in Naples

Baird & Warner has opened a new branch in Naples, Florida. Although the Chicago-based brokerage has conducted some business in Wisconsin and Indiana, the move represents its first office outside of Illinois.

Resilient Miami Condo Market Record Sales
South Florida luxury properties continue to rise in value while total transactions dip

South Florida collectively recorded a 15.3% year-over-year drop in total sales of single-family homes worth $1 million and up in the third quarter of the year.

Miami ranked one of the best metro areas for cashing in on downsizing

Downsizing from a four-bedroom home to a two-bedroom home in South Florida would save the typical homeowner more than $322,000.

Miami named one of the cities with the best real estate prospects in 2023

The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.

Future buys $16.3 million home in Miami Beach

The Grammy-winning rapper’s new home is 8,897 square feet, featuring seven bedrooms and 8.5 bathrooms on gated Allison Island. 

Developers break ground on luxury home community in Southwest Ranches

The gated community, AKAI Estates, will consist of 16 properties with modern styling and amenities ranging from 7,000 to 15,000 square feet. 

Homes staying on the market longer, sellers feeling the pressure

The median age of inventory in Miami is 63 days, down from 98 before the pandemic began.

Brickell penthouse sells for record $17.75 million, sets price-per-square-foot high for Miami

The residence sold for $2,506 per square foot, the highest price per square foot deal in Miami.

Sales launch at first residences at Fort Lauderdale’s Pier Sixty-Six

The development includes a first-phase offering of 62 luxury condominiums starting at $3 million.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller 

In Miami, home prices posted a 28.6% year-over-year gain in August — the largest in the country — compared to a 31.7% gain in July. Month over month, prices fell 0.1%.

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