The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August 2020.

Katie Johnson, who serves as NAR’s chief legal officer and chief member experience officer, is stepping down.

The new manager, Alfredo Pujol, served as team leader for Keller Williams Realty Partners SW through 2023. 

The 65-condo development is located on Grove Isle, a 20-acre private island off Miami’s Coconut Grove neighborhood. 

Fernandez was a founding agent of COMPASS Miami. 

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

The veteran luxury real estate agent previously worked at Fortune International Realty. 

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

The 50-story tower rising in Miami’s South Brickell neighborhood will offer 152 condominiums, over 60% of which are under contract. 

“Learn as much as you can.” — Kenecia Taylor, real estate agent, Ancona Real Estate 

The 12-story development will have 228 residences ranging from studios to two-bedroom units that can be leased out for terms as short as one month. 

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

The firm, known as The Luxury Team, was founded by senior Realtors Steven Seigel and Kelly Charles. 

The winners were selected from Sotheby’s International Realty’s worldwide network of over 26,000 agents. 

The city experienced a 70.1% yearly increase in active inventory, according to the latest RE/MAX National Housing Report.    

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.