The typical increase in home sales as summer approaches failed to materialize nationwide last month, with average sales dropping 0.2% from April to May, but month-over-month sales in Miami dipped even further, declining 14.7%, according to the RE/MAX May National Housing Report.

The Jills Zeder Group of Coldwell Banker Realty earned the No. 1 ranking on the 2021 REAL Trends, The Thousand list, for large teams in the US.

Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.

Florida is the 14th-best state to live in the country, according to WalletHub’s 2021 Best States to Live In list. 

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 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%.

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.

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

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.

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.

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.

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

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.

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 surged in the three months ended April 30 as prices also rose and listings increased.