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Real estate news in Atlanta
The DeMarco Real Estate Group, RE/MAX 5 Star Realty and Hollywood, Fla., Mayor Josh Levy joined forces on Nov. 21 to hand out over 200 complete Thanksgiving meal kits to members of the local community.
Miami-Dade County broke its record for the most annual home sales in only 10 months as October transactions surged year-over-year, according to a report by the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS).
As dramatic rent prices impact states across the nation, renters are searching for more affordable places to call home. Nationally, the median rent price is up over 16% since January, with some cities seeing double that, according to a recent Apartment List report.
A new elevated waterfront estate on Miami Beach’s Rivo Alto Island is up for grabs for $25 million. Danny Hertzberg of The Jills Zeder Group is representing developer Francisco Perez Yoma, founder of Empresas FPY, one of the largest construction and real estate groups in Chile, according to a press release.
Demand for second homes was up 70% from pre-pandemic levels in October, according to a new report from Redfin. This outpaced August’s 48% gain but was below January’s record 91% growth.
With the rise of remote work and a younger generation of digital nomads spending time away from home, small spaces that offer flexible living are making a comeback. As travel restrictions ease, buyers are looking for homes that provide ownership on their terms, with the ability to home-share or rent out their unit to pay the bills while jet-setting.
As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.
Among the 51 metro areas surveyed in October, closed transactions were down 6.4% from September, nearly twice the average pre-pandemic decline of 3.3% between 2015 and 2019, RE/MAX said, citing its National Housing Report.
Florida’s housing market continues to report rising median prices, more cash sales and tight inventory, according to the latest housing data from Florida Realtors.
The world’s wealthiest dog is about to get a little richer. Worth nearly half a billion dollars, the German shepherd named Gunther VI recently listed the former Miami estate of Madonna for $31.75 million, according to a press release.
“Avatar” fans who have dreamt of living in the lush world of Pandora might be in luck, as a five-acre property inspired by the 2009 blockbuster film is now up for grabs, according to a press release.
Sales have launched for units in Brickell’s new 35-story luxury condominium complex. Led by Harvey Hernandez, Newgard Development Group will construct the building under its newest brand name, Lofty Miami.
Despite low inventory, real estate transactions showed substantial gains in the third quarter compared to the same period in 2019.
Florida is home to the fifth most expensive ZIP code in the United States, according to a new PropertyShark report. The annual report ranks the 100 priciest ZIP codes in the U.S.
MG Developer recently broke ground on Metro Parc, a new 10-story residential apartment complex in Hialeah.
Fort Lauderdale recently became home to NFL star Joey Bosa, a defensive end for the Los Angeles Chargers. Bosa purchased a luxurious waterfront estate for $5.85 million, according to a report from Realtor.com. The listing agent, Tim Elmes with
