Also during the month, the median sales price rose to $390,500 from $370,200 in June, according to the U.S. Census Bureau and the Department of Housing and Urban Development.

In what’s been a historic, frantic market, homes selling for large sums over list prices have risen sharply since January.

In July, Florida’s housing market reported higher median prices, more new listings and a rise in all-cash sales compared to a year ago.

You might be surprised by the results of this survey.

Top Florida brokerage continues rapid expansion with the addition of Harding Realty’s international team.

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

Miami-Dade County real estate set a record for the most total home sales in a three-month period in the second quarter, as pent-up demand, more U.S. individuals and companies moving to South Florida and record-low mortgage rates fueled transactions.

After a Black real estate agent and his client were detained by police while viewing a house, the National Association of REALTORS® took a strong stance against the “deeply disturbing” incident of “racial profiling.”

Smaller, more affordable homes are hitting the market, helping moderate median list prices, according to Realtor.com.

Lot values for single-family homes are surging, according to an NAHB report. The current national median is $53,000: a record high.

Throughout the 1940s, Victor Nurmi was Fort Lauderdale’s pioneer developer and architect. He is the mastermind behind Nurmi Drive, home to Nurmi Isles: waterfront properties which were heralded as the “Venice of America.” And the home at 90 Nurmi Dr. remains one of his ultimate masterpieces.

This 74-foot “land yacht” in Au Gres, Michigan takes the meaning of “houseboat” to a whole new level.

The number of new entry-level homes with two-bedrooms and about 1,400 square feet has fallen to its lowest level in five decades, according to Freddie Mac. This makes it harder for first-time new homebuyers to escape renting.

For the first time since early March, no new records were set for median-home-sale prices last month, ending the five-month streak of record-breaking home prices.

Just 56.6% of homes sold during the quarter were affordable to families earning the U.S. median income of $79,900, according to the National Association of Homebuilders/Wells Fargo Housing Opportunity Index.

The project represents AHS Residential’s first asset outside Florida. The company broke ground on the development in June and recently secured a $46.5 million construction loan.