Local News
Real estate news in Atlanta
A new residential real estate development will add 354 luxury condo units across twin towers in Miami’s Brickell Financial District. Miami-based Integra Investments and condominium developer Related Group announced plans for The St. Regis Residences, Miami, this week.
“The market is roaring along, with only half the seasonal slowdown we typically see from October to November.” — RE/MAX LLC President Nick Bailey
While the pandemic-induced great migration may be slowing, the demand for ultra-luxury residences in Miami from New York-based high-net-worth individuals remains strong.
The pandemic and work-from-home orders have changed where, when and why people buy homes. As a result, housing prices hit the highest median of all time in 2021, as the number of homes for sale fell to an all-time low and the demand for second homes surged, according to a new Redfin report.
The National Association of REALTORS® applauded President Joe Biden’s nomination of acting Federal Housing Finance Agency director Sandra Thompson to serve in a permanent capacity.. “Her talents and experience will benefit the enterprises, homeowners and home buyers and the mortgage-financing ecosystem,” NAR President Leslie Rouda Smith said in a press release.
After a year of price growth and record low inventory in the South Florida housing market, experts predict that home prices will continue to increase, but not at the pace they did over the last 18 months, according to a press release.
Habitat Group announced today that it is launching sales for Smart Brickell Tower 3, the third and final condominium in the firm’s Brickell development project.
ONE Sotheby’s International Realty is now the official real estate partner of The Miami Dolphins, according to a press release.
The Jills Zeder Group has surpassed $2 billion in sales for 2021, doubling its numbers from May, according to a press release.
As part of an ongoing relationship with the Food Recovery Network (FRN), the National Association of Realtors provided roughly 3,475 meals to Americans in the past six months, according to a press release.
Millennials are at the greatest risk of becoming house-rich and cash-poor as the generation is spending the highest percentage of their monthly income on homeownership costs compared to other generations, according to a new Hometap report.
Pre-leasing began today for Society Biscayne, a social living community in Downtown Miami expected to open in the spring of 2022.
While the real estate market is finally showing signs of cooling after a year of skyrocketing home prices and bidding wars, desirable metros across the U.S., including in Florida, Washington and Massachusetts, can expect a big year in 2022.
Home prices statewide were up 19.5% year over year in November, with several of South Florida’s metros seeing the fastest-growing prices in the state, according to a recent Redfin report.
Miami got its first glimpse of The Standard Residences, Midtown Miami, during a recent launch celebration held at The Standard Spa Miami Beach, according to a press release. Hosted by The Standard International Executive Chairman Amar Lalvani and Rosso Development CEO Carlos Rosso, the event showcased a preview of the hotel brand’s first-ever residential residences.
There may be a construction boom, but builders still have a lot of ground to make up from a decade of underbuilding, according to a new report from Zillow.
