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

News / Features

NAR finds fewer Black Americans own homes than other groups

NAR put together its “Snapshot of Race and Home Buying in America” report to study the hurdles that persistently block minorities from owning homes.

Low-income housing doesn’t hurt home prices

The study dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.

Miami rent prices up slightly in 2020

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

Double Compass agent deal closes for just under $11 million

Compass agents Chuck and Katy Luciano had the listing, while Compass agent Michael Weppner represented the buyer.

Rate of homebuyers who are outbid doubles

The top reason why long-time searchers have not purchased a home is because 40% say they were outbid.

Miami metro home prices jump 15.3% in 2020

The report added that vacation homes and affordable homes in small towns near major urban centers were in strong demand as a result of the pandemic.

Boutique developments a draw for South Florida homebuyers

Buyers want amenities such as increased privacy, curated services and features such as private elevator entries and foyers that help limit interactions.

Tennis player Caroline Wozniacki’s Fisher Island home sells for $16.25 million

Coldwell Banker’s The Jills Zeder Group represents seller and buyer in closing of a waterfront residence at Fisher Island’s Palazzo Del Sol.

Five Florida towns make list of top 20 most affordable places to retire

What are the best U.S. cities for retirees? A new report from 55places.com names the top 20, and five of them are in Florida.

Sunset Islands III home sells for $7.575 million

Mirce Curkoski and Albert Justo with The Waterfront Team at ONE Sotheby’s International Realty represented both sides.

Taking homeschooling to another level

The structure, built in 1883, won the 2017 Archie Award for restoration and includes a blend of original and new features, such as reclaimed barn beams and restored original cherry wood floors.

Guaranteed Rate Super Bowl ad inspires positivity

The ad is part of their national brand campaign, Believe You Will, which encourages the power of positive thinking and believing you can accomplish your goals.

$28.8 million oceanfront penthouse hits the market in Bal Harbour

The waterfront residence, located at 10201 Collins Ave., offers a combined two units with an oversized wraparound balcony. 

Off-market North Bay deal closes for $23.65 million

Designed by Ralph Choeff, the 8-bedroom, 8.5-bath 9,408 square-foot home features open bay and downtown views.

Waiting to buy in Miami could mean higher mortgage payments

Fence-sitters thinking of buying a home beware, says a new study from Zillow, which notes that waiting could mean a much higher mortgage payment down the road.

Surfside home sells for nearly $7 million

Compass Agent Mendel Fellig oversaw the record-setting sale.

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