News / Features

This Week in Miami Real Estate: Bitcoin for billionaires, big Acqualina sale and more

Miami continues to make waves in the realm of bitcoin for real estate with a new listing on Fisher Island — an exclusive enclave home to big-name celebrities and ultra-rich — accepting the cryptocurrency. The two-bedroom, two-and-a-half bathroom condo

Redfin: More homebuyers than ever bid on homes before seeing them in person

More than one-third of people — 35 percent — who bought homes last year submitted a bid without ever seeing the homes in person. According to a recent Redfin, this is an increase from 33 percent in May 2017 and significantly

Keller Williams hopes to become the Amazon of real estate

   When Amazon opened for business in 1995, Jeff Bezos hoped to create the biggest bookstore in the world. Over the course of the next two decades, Amazon not only accomplished that feat, but also expanded its reach to

Pending home sales drop to lowest level since 2014

The Pending Home Sales Index dropped 4.7 percent in January after three months of increased activity. Based on contract signings, the forward-looking index fell from a downwardly revised 109.8 in December 2017 to 104.6 in January 2018. The Pending

Starter homes surge in value over the past five years

As the demand for entry-level homes continues to rise across the country, a new report shows owners of entry-level and starter homes are gaining equity faster than owners of higher-end homes. Owners of starter homes have seen their equity

Engel & Völkers Florida plans Boca Raton expansion

The Florida division of luxury real estate brokerage Engel & Völkers is expanding in Boca Raton in an effort to strengthen its presence in the diverse and competitive market of South Florida. The new Engel & Völkers Boca Raton

Luxury home prices level off after post-recession housing boom

After eight years of the post-recession housing boom and the record-breaking price increases of recent years, the luxury residential market stabilized in 2017, according the luxury market report by The Institute for Luxury Home Marketing, a partner in the

Real Estate in Brief: FHA to expand foreclosure relief for 2017 disaster victims

The Federal Housing Administration revealed its plans on Feb. 22 to broaden foreclosure relief for the victims of 2017’s natural disasters. The move would affect all FHA-insured homeowners in areas affected by Hurricanes Harvey, Irma and Maria, as well as

Couple-meeting-advisor-buyers-sellers-clients
Digital app Abode aspires to make buying homes more accessible

Abode, a new free digital platform that aims to make the homebuying and selling process easier for both consumers and real estate agents, was launched in 2017 by tech entrepreneurs Kyle Stoner and Carson Junginger. “People often describe buying

Zillow: Home value growth is slowing nationwide as mortgage rates rise

National home values are rising at their slowest pace since November 2016, according to the most recent Zillow Real Estate Market Report. Home values increased 6.7 percent last year to a median home value of $207,600, marking the slowest pace

This Week in Miami Real Estate: High-tech houses, Pudge’s former home and more

Lennar recently broke ground on a new community in Royal Palm Beach with a unique feature: every one of the 385 homes will feature Alexa by Amazon voice control, marking the first-of-its-kind partnership between Amazon and a homebuilder. Residents

Millennials want to buy homes, but worry about finances

A majority of millennials wish to someday own a home, but are unsure if their dream will become a reality, according to a recent survey by ValueInsured. The Modern Homebuyer Survey found that the desire to own a home among millennials

Existing-home sales down for the second consecutive month in January

Existing-home sales fell 3.2 percent in January for the second consecutive month, according to the National Association of Realtors. Last month’s total existing-home sales, including single-family homes, townhomes, condominiums and co-ops, saw the largest annual decline in more than

Report: Listings, prices increasing in Florida

While a tight inventory continues to affect the Florida housing market and drive up median prices, the latest report from Florida Realtors reveals a cause for optimism for buyers: new listings rose, albeit slightly, in January.  New listings for

Groundbreaking new website on flood zones could alter homebuying

A new website could alter the process of searching for a home in coastal cities in the future. The website, Buyers BeWhere, uses Google Maps to break down residential risk by home. The project has been gathering information for

Miami Moves: Personnel updates around the city

Caprice Weber and Cathy Strafaci were recently promoted to managing director roles at Douglas Elliman, according to The Real Deal. Weber oversees Elliman’s new development projects in Broward and Palm Beach counties. She previously was president of the Florida

New Subscribe

  • This field is for validation purposes and should be left unchanged.