Lack of inventory continues to restrict home sales as fewer homes sold in September, and closed home sales dropped.

Active inventory fell 6.8% to 19,683 from August, and months supply of inventory slid 11.9%, according to RE/MAX’s National Housing Report for September. 

The Miami Beach mansion once owned by Al Capone has sold for $15.5 million, according to a report by the Miami Herald. Once fated to be demolished, the home was purchased by 93 Palm Residence LLC, which is managed by

It’s been barely three months since the federal moratorium on foreclosures expired, but it’s starting to prove costly, as nationally, foreclosures are on the rise, having increased 67% from last year.

What was your most interesting job before going into real estate? Buying and remodeling distressed properties as an investor. Where did you grow up? Istanbul, Turkey. Growing up, what did you want to be? I always wanted to be

A $120 million expansion of the Aliro Apartments development in North Miami Beach, is expected to break ground in early spring of 2022, according to a press release. FINFROCK will serve as the project’s architect, structural engineer, precast concrete

As remote work becomes the new norm for many homeowners, real estate professionals are encouraging clients to consider implementing insurance-based smart home technology into their homes. 

Acclaimed real estate professionals Dana Flanagan and the Salter Group have accepted invitations to join the Haute Residence Exclusive Real Estate Network, according to a press release. 

Real Estate LIVE Events LLC announced it will host a three-day conference in December for real estate professionals looking to get back into the business in Miami. Real Estate Weekend Miami will be held in various venues on Dec. 10-12.

Developers Ari Pearl and Jonathan Leifer sold over half of the units at their converted Bay Harbor Islands condo-hotel for roughly $389,000 per key or about $21.4 million total, according to a report by The Real Deal. 

Miami, Fort Lauderdale and Pompano Beach were ranked as the top major U.S. cities to see the biggest increase in single-family home construction value from June 2020 to June 2021, according to a report by OMNIS Panels.

The waterfront Miami estate formerly owned by Miami Heat star Chris Bosh is on the market for $42 million.

Miami-Dade County set yet another record for 2021, posting its best August sales month. This was the county’s sixth consecutive record-breaking month for sales.

Sales have launched for La Baia, an eight-story boutique bayfront condominium slated to rise in the southeastern tip of Bay Harbor Islands.

It’s the eighth location for the growing firm headed by Enrique Teran, Andres Korda and Ines Hegedus-Garcia and the first step in a strategic plan to enter 10 markets by the end of 2022.

The user of the app can monitor information about their home and local market conditions, store important documents, generate estimates for home repairs and find a local contractor for more than 1,000 different home-service categories.