Local News

Real estate news in Houston

13-townhome enclave coming to Coral Gables’ Biltmore Square 

MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George. 

South Florida Housing Scorecard: Inventory up, days on market down

At the same time, existing-home sales were down in Miami-Dade and Broward counties but up in Palm Beach County.

Survey results: Should it be more difficult to get licensed?

We asked; you answered. By an overwhelming majority, South Florida agents think it should be more difficult to get a real estate license, with most respondents recommending more intensive training for licensees.

Miami condo-hotel secures $24.5 million construction loan 

Visions at Brickell Station will offer 111 condo-hotel units starting at $500,000. 

Only 1.7% of Miami homes were affordable in 2023

Falling mortgage rates and more inventory could mean an improvement in housing affordability in the new year.

Premier Sotheby’s International advisors, teams named to Sotheby’s International’s Top 100  

The individual advisors are Kim Price, Paul Arpin and Karen Van Arsdale, and the top teams are The Michelle Thomas Team and the Schemmel Soda Group. 

Margarita Garzon

“Constantly learn from five people better than you in the industry.” — Margarita Garzon, agent, eXp Realty – Miami

GL Homes begins pre-construction sales at newest 55-plus community at Riverland  

The new Port St. Lucie community will consist of 1,365 single-story homes priced from the low $400,000s to the $700,000s. 

Marelvy Colina

“Have discipline and be proactive.” — Marelvy Colina, real estate advisor, eXp Realty

La Rosa purchases Longwood brokerage franchisee for $1.2 million 

La Rosa Holdings Corp., which went public in an IPO in 2021, has embarked on a roll-up strategy of its franchisees in an effort to reach annual revenues of $100 million by the end of next year. 

Malinosky, Pohrer and Kay launch The Exclusive Group at Douglas Elliman 

Along with the five agents they are bringing with them, the group has a combined sales volume of $3 billion since 2020. 

Jon and Suzan Busch join Premier Sotheby’s International Realty in Marco Island 

The Busch team was previously with Berkshire Hathaway Florida Realty. 

Wolfson Development, Lennar embark on 304-townhome BTR project in Fort Myers

The community, North Forum Reserve, is the second of several projects Wolfson Development and Lennar have in the works.

Sales gallery opens for Olara condo tower going up in West Palm Beach 

The 26-story building will offer 275 luxury condominiums starting at $2 million. 

Coral Gables approves plans for 4241 Aurora 

The residential tower will have 72 luxury condominiums upon full build-out. 

ONE Sotheby’s International Realty names Lena Johnson chief marketing officer 

Johnson previously served as Compass New York’s vice president of marketing and head of its luxury division. 

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