“Don’t get discouraged. All it takes is one deal.” — Littal Schwarzbaum, luxury real estate specialist, Ancona Real Estate, Miami Beach

Hispanic homeownership reached a record high of 9.8 million in 2024, marking the largest annual increase among any racial or ethnic group for the second year in a row, according to new data from NAHREP.

The new policy allows sellers to put off marketing their properties for a period of time to be determined by their local MLSs. 

This property is actually two properties: a landlocked “boathouse,” plus its own personal lighthouse.

The managing broker will lead Douglas Elliman’s St. Petersburg office, while the agents will join its Coral Gables and MiMo locations. 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

The winners helped the Florida brokerage grow its annual sales by 29% last year. 

Indicators of homebuying demand and activity are on the rise nationwide, according to a new report from Redfin.

The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

“Have a mentor, save up a lot of money before you quit your day job, start part-time.” — Georgia Themelis, Realtor, Ancona Real Estate

The deal is RE/MAX Advance’s eighth acquisition of a brokerage since 2020 and its first outside of the RE/MAX network. 

Single women made up 20% of total homebuyers between 2023 and 2024. That’s compared to just an 8% share for single men.

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

At the same time, Asian and Hispanic homeownership increased as well.

Bachman will continue to serve clients in Miami and New York. 

The week’s biggest real estate winner was Redfin, which saw its stock nearly double.