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This Week in Real Estate: Tallest building in Florida to begin construction, One West Palm moves forward and more

The tallest building in Florida is reportedly ready to begin construction in Biscayne Bay. More of a vertical theme park than residential or office tower, construction is expected to begin in early 2019, according to Building Design + Construction.

Real Estate in Brief: Moms are moving to more affordable markets, rent hits new highs and more

A new Zillow analysis found that women with a newborn searched for homes in a market where houses cost $11,500 less than their previous market, undetermined of whether they moved with a partner or family member. For some, this transfer between markets

Generation Z is saving for homeownership by age 25

Generation Z is just starting to come into adulthood, but they are already preparing for homeownership, according to a realtor.com survey. The study found that members of Gen Z, currently age 18 to 24, who are interested purchasing a home are two times

Real estate community welcomes new Congress after 2018 midterms

With the midterm elections resulting in a split Congress, many national housing and finance organizations expressed cautious optimism for the future — though several key issues remain in question as 2018 draws to an end. The Center for Responsible

Beverly Hills brokerage The Agency opens South Florida outpost

Luxury real estate brokerage The Agency announced the opening of its South Florida office along with the addition of its two branches, The Agency Development Group and The Agency Creates, in Boca Raton. The Florida office will be managed

Renters more likely than homeowners to struggle to meet basic needs

A new study by Urban Wire found nearly 40 percent of non-elderly and non-disabled renters and buyers faced difficulties meeting basic needs in 2017. But between renters and buyers, renters struggled more. Up to 46 percent of renters had

National Association of Realtors installs 2019 leadership

John Smaby was installed as 2019 president of NAR during the 2018 Realtors Conference & Expo. Smaby was the 2018 president-elect and the 2017 first vice president. Smaby has also held numerous positions nationally and with Minnesota Realtors, where

Real Estate in Brief: Millennials seek influencers, real estate tech week and more

Engel & Völkers partnered with Researchscape in a study surveying millennials on their definitions of luxury, examining factors that impact their purchasing habits and how brands and real estate professionals can appeal to this demographic of wealthy youth. The report was titled “Meet HENRY: Influencing The Next Generation

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The top headlines from the 2018 National Realtors Conference and Expo

The National Association of Realtors hosted its annual Realtors Conference and Expo in Boston last weekend, packed with four days full of keynote addresses by the likes of Mark Wahlberg, panel discussions, workshops and much more. For those who

This Week in Miami Real Estate: Plans for Wynwood, Master Brokers and more

The Miami Master Brokers Forum, a network of top-producing South Florida real estate professionals, hosted a dinner and panel discussion on “The Building of Miami: Yesterday, Today and Tomorrow” Oct. 4 at the Residences by Armani/Casa in Sunny Isles

Real Estate in Brief: Lobbyist spending, housing market improvement and more

The amount of third quarter spending on lobbyist is at a record high since 2010 with $2.6 billion spent and the National Association of Realtors is one of the top spenders. The total amount of money expended is up by approximately $30

Florida home sales to foreign buyers total $23 billion this year

Florida maintains its hold over the international market in 2018, as the Sunshine State continues its reign as the top destination for foreign consumers purchasing U.S. residential real estate. Meanwhile, Miami’s housing market is by far the state’s top performer in terms of international sales. The Florida Realtors’

Case-Shiller: Annual home price gains fall below 6 percent in August

The S&P CoreLogic Case-Shiller national home price index grew 5.8 percent in August, slowing slightly from the 6.0 percent gain seen in July. The 10-City composite is up 5.1 percent, while the 20-city composite grew 5.5 percent. On a

Millennials most willing to bunk with ghouls for large kitchen space and other sweet treats

Realtor.com’s annual Haunted Real Estate Report found that millennials are more willing than any other generation to sleep with what goes bump in the night, for a small bonus.  According to the 2018 survey, one in three respondents, specifically millennials, were willing

ONE Sotheby’s acquires affiliate Nestler Poletto

ONE Sotheby’s International Realty announced the addition of affiliate brokerage Nestler Poletto Sotheby’s International Realty to their team, extending the firm’s presence into the Delray Beach and Boca Raton markets.   According to a press release from ONE Sotheby’s, the NPSIR’s 80 agent firm will be added to ONE

Real Estate in Brief: Opendoor’s bonus credit, hidden doorways gaining popularity, and more

The home-trading startup Opendoor has made several changes of approach when attracting homebuyers in the Pheonix and Dallas- Fort Worth markets. The company has featured a bonus $1,000 credit to buyers who purchase Opendoor’s for sale homes in these markets; whether through an Opendoor “partner agent” or through a direct purchase on their own.

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