News / Features

How much did it cost to build a new home in 2024?

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

Home prices rose in all major cities in 2024, including Miami

For the first time in two years, home prices are on the rise in every major metro and Miami is one of them, according to a new Redfin report. 

NAR: Existing-home sales rise for third month in a row in December

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

Mark Willis steps down as CEO and president of Keller Williams, transitions to chief leadership officer

Willis initially served as president from 2002 to 2005 and as CEO from 2005 to 2014. He then resumed the post of CEO in November 2023 and took over as president again in March of last year.

Douglas Elliman’s Tansey and Wands to take over sales at La Maré, Bay Harbour

The three-building development in the Bay Harbor Islands is approaching $100 million in sales and is 50% sold. 

Terra to break ground on $1 billion Upland Park mixed-use development

The master-planned community will ultimately bring 2,000 mid-rise and garden-style apartments to the area around West Miami-Dade County’s Dolphin Park-and-Ride/Transit Terminal Facility.

Johana Cabrera

“Lean into your personality, and showcase your individuality.” — Johana Cabrera, Realtor, Chez Realty

PulteGroup luxury unit buys Juno Beach property for 40-townhome development

Homes in the community, to be called The Dunes at Juno, will be priced from around $1.5 million. 

Andrew Secular joins Douglas Elliman from Keyes

Before becoming a Realtor four years ago, Secular was best known as the proprietor of Tortilla Flats, a Tex-Mex restaurant that operated in New York’s West Village. 

Miami home sales slide year over year in December

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said. 

73% of owners have regrets about their home purchase, survey finds

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

Premier Sotheby’s partners with mortgage provider to offer loans to Naples, Tampa clients

Select Lending Services has assigned three loan officers to work exclusively with Premier Sotheby’s International Realty clients in the two markets. 

Appeals court rules in favor of agents using floor plans to market homes

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

Florida power players carve out healthy slice of annual SP 200 rankings

The Swanepoel Power 200, compiled by residential real estate management consulting and research firm T3 Sixty, names the most influential leaders in the industry. 

Compass hires Nikol Solares as senior managing director, promotes two from within

Solares most recently worked as senior vice president of sales and marketing at Douglas Elliman Development Marketing, overseeing over $2 billion of luxury pre-construction developments. 

MIAMI REALTORS® launches data-sharing partnership with Ohio Realtor group

Dayton REALTORS® serves over 5,000 MLS subscribers in the southwest Ohio region. 

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