Local News
Real estate news in Atlanta
Nationwide, home value increases continued to be driven by low inventory, which hit its lowest level in September, dropping by 40% from September 2008 and by 74% when compared to September 2000.
Villa Duval on Sunset Island IV has sold for $18 million.
The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Miami.
Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.
Calling Liberty Square, “a model that cities across the nation are already emulating,” Miami-Dade County Mayor Carlos A. Gimenez announces grand opening celebration.
With an assist from 50 Cent, real estate entrepreneur Cesar Piña is launching a new reality show about flipping houses.
“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions
Miami-Dade County total home sales surge, with big assist from migration-fueled luxury sector.
“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.
In Miami, the number of transactions dropped 20.9% from the previous month to 3,681.
“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com
All-cash deal closes during pandemic to domestic out-of-state buyer
The cancelation of Art Basel this year has led many developers and brokers who depend on the event for sales to think outside the box by bringing art directly to their projects.
135 Palm boasts prestigious location, designer decor and most expensive price tag on Palm Island.
Priced at $938 per square foot, a spec home in Bal Harbour marks the highest price per square foot on a dry lot for the exclusive community.
The suburbs are becoming more alluring to residents of major cities as the COVID-19 pandemic continues into autumn.
