New homebuyers must make an average annual salary of $115,000 to afford the average U.S. home, according to recent studies from Redfin. That’s about $40,000 more than the typical American household earns.

Sam Heitman spent about 18 months as vice president of sales and marketing for Diamond Custom Homes before rejoining the team. 

According to a new analysis by PropertyShark, Fisher Island’s 33109 ZIP code is the third-most expensive in the country, with a median home sale price of $5.5 million. 

In the wake of the Sitzer/Burnett verdict, a new, similar lawsuit — this time on behalf of homebuyers — has been filed in the Northern District of Illinois, Eastern Division.

The 5,000-square-foot waterfront property features six bedrooms, seven bathrooms and 75 feet of water frontage with direct ocean access.

Construction on the 12-story, 228-residence tower at 3100 NE 1st Ave. is already underway. 

Certified Divorce Lending Professionals go through extensive training and continuing education to achieve and maintain their CDLP designation.

Existing-home sales slid in Miami-Dade, Broward and Palm Beach counties, while days on market and housing inventory were mixed.

The new agents — Kelli Farrell, Cecilia Douglas and George Reyes — combined for nearly $30 million in sales volume last year. 

“Never focus on the commission; only focus on your client.” — Jordan Lederman, broker associate and team leader of The Lederman Group at Fortune Christie’s International Real Estate

Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.

The firm also appointed a new regional vice president for Palm Beach. 

The project, which is being developed by The John Buck Company, Florida Value Partners, BH Group and PEBB Enterprises, will comprise 306 for-sale residences and 245,000 square feet of office space. 

The National Association of REALTORS®, Keller Williams and HomeServices of America were found liable of conspiring to inflate commissions and ordered to pay damages totaling $1.78 billion, a jury in Missouri ruled Tuesday.

New single-family home sales increased by 12.3% during September, the fastest pace since early 2022.

This phase, dubbed Serenity Liberty Square, is part of the massive nine-phase redevelopment of Miami’s historic Liberty Square public housing community.