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

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2 Miami-area cities make list of richest places to live

Of the top 100 richest places to live in America, four are in Florida — including two in Miami-Dade County. The list, compiled by Bloomberg, takes into account data from the 2016 U.S. Census to determine the wealthiest spots

This Week in Miami Real Estate: ROVR Development announces groundbreaking for new luxury waterfront development

Ground recently broke on The Fairchild Coconut Grove, a luxury waterfront community from ROVR Development that blends tropical and modern touches. Designed by veterans Max Strang and Rafael de Cardenas, the development building features 26 two- to four-bedroom residences from 1,714

Social media sparks millennial interest in homebuying

Of the many factors prompting homeownership, one particular catalyst that encourages millennials to delve into real estate is social media. In surveys that compare social media’s influence on millennial first-time homebuyers to all first-time homebuyers (of which millennials make

NAR pauses rebranding rollout due to member feedback

Upon this week’s announcement of a new logo for the first time in 45 years, the National Association began to hear backlash from its members. Many agents around the country not only disliked the design but were confounded by

Berkshire Hathaway closes on new office in Miami-Dade area

Berkshire Hathaway HomeServices Florida Realty recently acquired Foster & Clark Real Estate, a move that adds 24 agents to the brokerage, a subsidiary of Lennar Corp.  Berkshire Hathaway HomeServices, which is led by President and CEO Rei Masa, has

Home prices across the country already beating last year’s highs

Home prices across the country are heating up faster than the temperature as the spring market gets underway. According to realtor.com’s March 2018 monthly housing trend report, the U.S. median listing price for a home was $280,000 last month,

Real Estate in Brief: CoreLogic Home Price Index reveals home prices increase and more

The latest Home Price Index from CoreLogic reveals that U.S. home prices increased for the seventh consecutive month in February, up 6.7 percent from February 2017 and 1 percent from January 2018. CoreLogic’s HPI Forecast predicts that U.S. home prices

Rising interest rates and home prices hit home-searching millennials hardest

Interest rates and prices are steadily rising across the housing market, leaving millennials are more likely than their generational counterparts to change the type of homes they’re willing to purchase. According to data found from a survey conducted by

Multigenerational households gain popularity in the US

The percentage of Americans living in multigenerational households is at its highest since the 1950s. Using data from 2016, Pew Research Center estimated that 64 million people — or 20 percent of the U.S. population — live in a house

NAR unveils new ‘multi-dimensional’ look

After 45 years, the National Association of Realtors’ familiar logo is on the way out in favor of a refreshed new look that the organization hopes symbolizes its focus on the future. The new logo — featuring a 3-D

This Week in Miami Real Estate: New local MLS exec, peeks at hot new developments and more

My Florida Regional MLS recently named Shayne Fairley as its new chief operating officer. He’s been with the organization for 12 years, starting as a support technician and going on to manage various efforts before taking on his most recent

Listing descriptions can increase sales price by up to 29 percent

When looking for a new home, many buyers have specific amenities and features on their wishlists, ranging anywhere from state-of-the-art kitchen appliances to solar panels and other green features. These amenities aren’t just important for buyers — they can

Lack of new-home sales fuels amped-up spring competition

Buyers can expect the coming months to be the most competitive buying season in years, largely because not enough new homes were sold this winter to quell the demand, according to a new report from realtor.com. About 618,000 newly constructed

How different generations rely on agents during homebuying process

Of all the tools available to potential homebuyers, members of the millennial and baby boomer generations cite their real estate agent as their most-relied upon resource while searching for a new home, according to a recent survey by Owners.com.

MLS Grid officially launches new service to unify MLS feeds

MLS Grid, a platform that allows real estate brokers and their vendors access data from multiple listing services free of typical barriers, recently made its debut in Chicago with plans to expand nationwide. Now, more than 200,000 real estate

Late spring is prime time to sell home

The spring housing market is expected to be one of the most competitive in years, making it a seller’s market across the country. But that’s not the only reason why homeowners who have been considering selling should do so

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