News / Features

NAR: Existing-home sales gain ground in May

The median-sales price for an existing home rose 1.3% year over year to $422,800. 

A mail-order house from the Sears catalog

Judging by ads for the Alhambra model, the original buyers likely purchased their home for between $1,969 and $2,998.

Ocean Sotheby’s acquires Saltwater Real Estate

Saltwater founders Matt Sheehan and Terry Sullivan and their team joined Ocean Sotheby’s and will operate under the Ocean Sotheby’s name.

Compass files federal antitrust lawsuit against Zillow

The lawsuit claims that with Zillow, sellers don’t have control over how their properties are marketed, a sentiment that’s been a core tenet of anti-clear cooperation rhetoric over the past year.

Related lands $230 million in financing for Fort Lauderdale’s Andare tower

The 46-story condominium development has already sold over 50% of its 163 units. 

New-home construction drops in May

Homebuilder sentiment recently reached its third-lowest level since 2012. 

Roberto Rodriguez

“Learn from a good mentor much as you can.” — Roberto Rodriguez, Realtor and team leader, Elite Ocean View Realty

Aviara Lake Worth trades hands

The property features three two-story townhome buildings containing 30 three-bedroom units and six four-bedroom units.

US housing market exceeds one million active listings for first time since 2019

The U.S. housing market has exceeded one million active listings for the first time since the winter of 2019, according to Realtor.com’s May Monthly Housing Trends Report.

Brown Harris Stevens adds new Miami agents

The agents will work from the brokerage’s South Miami and Miami Beach offices.

NAHREP condemns ICE raids, urges protestors to remain peaceful

“NAHREP supports the human rights of all people living in the United States,” the association wrote. “These rights are preserved by the U.S. Constitution and include the right to due process.”

mortgage applications
Mortgage applications surge 12.5% on ‘looser housing inventory’

The Mortgage Bankers Association said the post-Memorial Day increase came despite economic uncertainty and largely static interest rates. 

Canadian reality TV brokerage RARE Real Estate enters Miami

The firm’s founders, Ryan Rabinovich and Adam Stern, were featured in Luxe Listings Toronto on Amazon Prime. 

MLS subscriber-Realtor gap hits record level

T3 Sixty said the difference between real estate agents who subscribe to MLSs but are not Realtors and Realtor-subscribers hit 25%, the highest on record. 

Salato Pompano Beach condos top off

The project has sold about 60% of its 40 luxury condominiums, which are priced from $2 million to $4.9 million. 

NAR repeals ‘no-commingling’ rule from MLS Policy Handbook

The National Association of REALTORS® Board of Directors repealed the non-commingling rule, often referred to as “no commingling,” which allowed MLSs to require non-MLS listings to be displayed separately from their own, during last week’s legislative meetings in Washington, D.C. 

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