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

Local News

Real estate news in Atlanta

Miami homes named most at-risk for storm surge in 2020

A new report from CoreLogic warns of increased hurricane risk this season, compounded by coronavirus-related weaknesses.

Florida has second highest number of zombie foreclosures in the nation

A new ATTOM report reveals that zombie foreclosures declined in the second quarter of 2020, likely a result of the temporary foreclosure moratorium on federally backed loans.

Pending home sales took a deep dive in April, but NAR upgrades its forecast

NAR’s chief economist says April’s decline could be the lowest point in the market, and that he expects it to bounce back soon.

Rent increases down in Miami in April

A new report that rent is still rising, but by much less in most cities, as a result of the COVID-19 crisis.

Miami listings plentiful, but that’s not helping affordability

Homes are more affordable nationwide due to declining interest rates, but a shortage of listings in most cities due to the pandemic is making them harder to find.

Existing-home sales drop 17.8% in April, but first-timers are coming back

Coronavirus lockdowns disrupted sales in April, but the data shows an increase in new homebuyers.

Purchase applications up 13% in Florida

Economists with the Mortgage Bankers Association predict mortgage rates will remain low for the next couple of years, though there is at least one scenario under which they could rise more quickly.

Inventory Intel: 4th $10M+ sale during COVID-19-era at One Thousand Museum

Karen Elmir of the Elmir Group at Cervera Real Estate calls the sale “monumental” for these “uncertain times.”

Builder confidence up after April drop; signs of rebound emerge

Builders are feeling more confident this month, a sign that the new-home market may have already hit bottom.

Are Miami’s opportunity zones living up to the hype?

New data looks at how prices in these areas have increased — or sometimes decreased — over time.

Making Moves: The Atlas Team joins Compass

The 40-agent real estate group is headquartered in Boca Raton.

Almost none of Miami’s condo buildings have FHA approval, and that’s a problem

Condominiums represent 70% of Miami’s housing market, yet almost none of them are FHA-approved

Miami agents and teams make Top 250 Latino Agents list

The National Association of Hispanic Real Estate Professionals released its Top 250 Latino Agents Report, recognizing the best Latino agents in the business. How did Atlanta do?

Making Moves: RE/MAX Advance Realty acquires RE/MAX Oceanside Realty

Oceanside co-owners Louis and Deborah Padilla join Miami’s largest RE/MAX agency

New report shows Miami market is bouncing back from coronavirus impact

The Jo-Ann Forster Team at Compass has been tracking data to show the impact of the coronavirus pandemic. Their latest report shows evidence that the Miami market is improving.

New listings fall as pandemic concerns keep sellers on the sidelines

A new report offering the first full month of data showing the impact of the COVID-19 pandemic on residential real estate shows that sellers are taking a wait-and-see approach.

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