Local News

Real estate news in Atlanta

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%.

Home values rise above what’s affordable, nationally and in South Florida

Home values are 25% above affordability norms, the worst it’s been in years, according to a new report from Zillow.

Fort Lauderdale’s highest penthouse hits the market for $6.3 million

The 100 Las Olas penthouse is on levels 45 and 46 of the building.

Developers to break ground on Waldorf Astoria Hotel & Residences, the tallest residential tower in Miami

The 1,094-foot building will be the tallest residential tower south of New York City.

Christie’s International Real Estate returns to Miami with new affiliate Fortune International Realty

Fortune International Realty has 40 years of experience in the luxury Miami real estate market.

South Florida ranks No. 1 for year-over-year median home sale price percentage growth

The median price for a home in the Miami area in September was $599,000, an increase of 28.3% compared to the same month last year.

First-of-its-kind solar powered residential tower planned in Brickell

The solar energy will be used to power the common areas of the building, reducing HOA costs for residents.

Record $15.5 million home sale completed on Normandy Isle

The property features a media room, elevator, pool, pier dock, boat lift, 73 feet of water frontage and views of Biscayne Bay.

Realtor organizations aid in Hurricane Ian relief

Florida’s southwest coast is reeling from the damage of Hurricane Ian. But Realtors are offering solidarity for those affected.

Sales launch at Shoma Bay condo development in North Bay Village

Miami developer Shoma Group recently launched sales for Shoma Bay, a 327-unit condominium building in North Bay Village. 

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