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

News / Features

Leading Indicator of Demand REDFIN
Housing market simmers down, but pending sales are still up

Although pending home sales are up 29% from last year, they are starting to slow down, dropping 9.7% from their peak four weeks ago.

CoreLogic: Florida homes average $26K annual equity gain

CoreLogic says the boost in equity will help stave off foreclosures, but the share of homes underwater in the metro Miami area was at 5.5% at the end of the first quarter of 2021, outpacing the national rate of 2.6%.

Indigo Station apartments for rent, lease
Cortland Deerfield Station – A new name and good for agents, renters and investor

Real estate agents can pivot because of the market inventory shortage by bringing clients to rental properties. Cortland Deerfield Station has just been sold and according to the sales office, real estate agents can earn a commission by bringing potential renters to the property.

Miami ranks 17th on top 50 new markets list based on 2020 closings

Experts at Builder Magazine recently came out with their Local Leaders list for 2020, which ranks the country’s 50 largest new-home markets based on closings by the end of the year.

Soleste Grand Central - Miami Opportunity Zone development sales leasing
First large-scale Downtown Miami Opportunity Zone development begins leasing

Soleste Grand Central has launched leasing sales and is scheduled to complete development by the end of 2021.

Interior designer’s paradise

Unassuming on the outside, but a world of wonder inside — a walk through this $325,000 home in downtown St. Louis is an adventure in and of itself.

Could zoning changes help boost supply and balance the market?

With high costs slowing construction and potentially lowering homeownership for many, easing zoning rules may be the most effective way to increase the supply of new housing.

housing prices overvalued in Florida Ft. Lauderdale aerial single-family homes, condos, Intracoastal
Sellers call the shots in Florida’s overvalued housing market

Florida homes are selling for more than 17% above their long-term pricing trend according to professors at Florida Atlantic University and Florida International University. Beware of bidding wars as home price correction looms.

Out-of-town movers reshuffling to larger, more affordable homes

Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.

Waldorf Astoria Downtown Miami
Condominium sales launched at Waldorf Astoria Hotel and Residences Miami

Condominium sales have launched for the 360 residences at the Waldorf Astoria Hotel & Residences Miami which will rise 100 stories with the shape of nine spiraling offset glass cubes. The estimated development cost for the project is $970 million with a completion date of 2025.

Sky Mansion at Continuum in South Beach Miami
Three unit ‘Sky Mansion’ condo at Continuum sells for $30 million

The 8,229-square-foot floor plan spans half of the 36th floor. The two-story windows show a 300-degree view of the ocean, Government Cut, Fisher Island and the Miami skyline. Balconies for each room have a garden setting and wrap around the property.

High-end home sales, prices jump as market flourishes

High-end home sales surged in the three months ended April 30 as prices also rose and listings increased.

Thursday is the most popular day to list a home in Miami

With half of all homes in today’s market selling above the asking price, the timing of when to list can have an impact on both time on market and sale price.

Taking contemporary to a new level

This ultramodern $3 million home in Potomac, Maryland, is all drama from exterior to interior, with a drop-level dining room, slanted floor-to-ceiling windows, multiple kitchens and intricately tiled, geometric-shaped rooms.

South Florida home prices reach new highs in May

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year. But there’s good news for those looking for a home in this competitive

Sabal Development closes on luxury homes for $6.45M and $5.9M

“At Sabal Development, we ensure that our projects always reflect the latest advances in technology and sustainability, and complement and coexist with their habitat.” — Pascal Nicolai, founder and CEO of Sabal Development

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