Read Today’s Top Story: Miami-Dade home sales increase again

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Real estate news in Atlanta

Home prices hit 15-year high nationwide

Prices in the Miami metro area were up 7.0% over February 2020. CoreLogic classified Houston’s market as “overvalued.”

Short-term rentals or “homesharing” in demand

“We have seen a surge of interest from millennials, who are the highest demographic partaking in leisure and personal travel, to have flexibility in their nomadic lifestyles.” — Alicia Lamadrid Paysse, sales director at Cevera Real Estate

S&P Case-Shiller: Miami home prices continue to climb

Home prices posted monthly and yearly gains in January across the U.S. as well, according to the S&P CoreLogic Case-Shiller Indices.

‘Redlined’ and ‘greenlined’ neighborhoods in Florida are both subject to flooding and climate change

A recent report from Redfin states that Florida’s “redlined” neighborhoods, which were once considered less desirable and relegated to Blacks and other minorities under racist policies, are frequently less prone to damage from flooding and climate change than non-redlined or “greenlined” neighborhoods.

NAR: Southern home prices up nearly 13.6%

“Despite the drop in home sales for February — which I would attribute to historically-low inventory — the market is still outperforming pre-pandemic levels.” NAR Chief Economist Lawrence Yun

Four Seasons penthouse fetches top dollar

While the price of the final bid will not be disclosed until the closing this month, Platinum Luxury Auctions revealed that it was the 5th highest resale in the building’s history.

Spike in Miami condo sales bodes well for new developments

“Buyers enjoy the lifestyle, weather and tax effect. There is no income tax in Florida, unlike some other states. This savings will help to buy the condo unit.” — Rishi Kapoor, Location Ventures

Underwater homes down in Miami metro

Nationally, homeowners with mortgages saw their home equity increase by 16.2% year-over-year from the fourth quarter of 2019.

Florida jumps three spots to make top 10 in 2021 best states list

It also ranks among the top five states in education and among the top 10 states in the economy and fiscal stability categories.

Community Redevelopment targets Miami for new housing

The plans aim to bring affordable housing and commercial space to underserved areas.

Miami ranked 7th most in-demand city based on 2020 mortgage loans

The mortgage lender looked at the average salaries of successful applicants in each city, their average FICO credit scores, the average size of their loan requests and the median list price for that location.

Douglas Elliman launches new ad campaign with celebrity and influencer agents

Douglas Elliman has enlisted dozens of celebrity and influencer agents for its new advertising campaign launching in next month.

FORTUNE names Lennar Homes nation’s Most Admired Homebuilder

This annual survey is conducted by FORTUNE and Korn Ferry, a global consulting firm that identifies the companies that have the strongest reputations within their industry and across industries. 

Waterfront estate on Hibiscus Island sells for $6 million

The purchase expands buyers’ primary residence to a total of 1.25 acres on Miami Beach.

New construction home fetches $4.56 million in Pinecrest

This home has all the bells and whistles. It is a tropical modern estate with 7 beds, 7 baths and 7,994-sq. feet of interior space and a 37,461 sq. foot gated lot.

Brickell condo sales and re-sales on the rise

Brickell is fast becoming the most popular area for condo sales in the Miami area.

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