Local News

Real estate news in Houston

South Florida reigns supreme among foreign home buyers 

Foreign buyers accounted for 18% of all homes sold in South Florida between between August 2022 and July, a figure that’s nine times higher than the U.S. as a whole, according to a new report from the MIAMI Association of Realtors. 

Work resumes on long-stalled Arbor Residences in Coconut Grove 

Real estate attorney Isaac Kodsi purchased the unfinished condominium complex and plans to restart sales this winter ahead of a 2024 completion. 

Sharon Beck joins The Agency Miami 

Beck is a luxury real estate agent specializing in waterfront properties in Miami Beach and Bal Harbour. 

Housing Scorecard: Inventory rises while days on market falls

Palm Beach County saw an increase in existing-home sales while Miami-Dade and Broward counties saw them fall.

Carolina Arenas joins The Nicolas Group at COMPASS 

Arenas specializes in luxury oceanfront properties and pre-construction sales, with a particular focus on North Miami and Sunny Isles. 

Developers secure $240 million in financing for 56-story Casa Bella tower in downtown Miami 

The Related Group and Alta Developers recently broke ground on the 319-condominium skyscraper. 

Sabrina Perez

“Create a business plan and get organized.” — Sabrina Perez, broker-owner, Red Pin Realty

Analysis: Miami second only to Dubai for global relocation

An analysis of Google search data put Miami second only to Dubai as the most desirable relocation possibility for those living outside the U.S.

STOCK Residences breaks ground on The Ritz-Carlton Residences, Naples 

The 128-condominium community is already more than 50% sold. 

Fortune International opens Boca Raton office 

The new office is led by The Worth Group’s Marie Mangouta and Adam Elmer. 

Melissa Hoff

“Stay focused and treat it like a full-time job.” — Melissa Hoff, broker associate, The Hoff Group, Compass

Fortune Development to handle sales, marketing of Swire’s Residences at Mandarin Oriental

The Residences will be situated in two towers at the southernmost point of Brickell Key, which has been developed by U.K.-based Swire Properties over the last 40 years. 

Homebuyer demand remains resilient, despite rates, shrinking listings

Last month, homebuyer demand showed its resilience, despite mortgage rates being at a 23-year high and inventory continuing to be limited.

Master Brokers Forum convenes to discuss AI, show off future Perigon Miami Beach 

The cocktail and dinner event was held at the condominium project’s sales gallery at the 1 Hotel South Beach. 

Naples’ Guenther, Heitman & Williams Team reunites 

Sam Heitman spent about 18 months as vice president of sales and marketing for Diamond Custom Homes before rejoining the team. 

Miami Beach’s Fisher Island is third-most expensive ZIP code in the U.S. 

According to a new analysis by PropertyShark, Fisher Island’s 33109 ZIP code is the third-most expensive in the country, with a median home sale price of $5.5 million. 

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