News / Features

NAR: Existing-home sales slid 1% in December but are expected to rise 

At the same time, the median sales price rose 4.4% to $382,600. 

Power players in Florida real estate named to SP 200 

Numerous heavyweights in Florida real estate were among those included in T3 Sixty’s Swanepoel Power 200, which ranks the most powerful players in residential real estate each year. 

Builder confidence jumps in January on falling mortgage rates 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

23-story, mixed-use project Grove Central opens in Coconut Grove 

The 402-unit tower is a public-private partnership between Terra, Grass River Property and Miami-Dade County. 

JPMREIT acquires first tranche of BTR townhomes in Venice 

The real estate income trust is purchasing the 126-unit entire community, called Fiore, for $45.4 million.  

South Florida home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Leasing begins for The Julia Residences in Allapattah  

Neology Development is building the $100 million, 323-unit tower. 

T.D. Jakes, New Urban to build two affordable-housing communities in South Florida 

In a partnership with New Urban Development, T.D. Jakes Real Estate Ventures will build a mixed-income community in Hallandale Beach and a senior-living project in Miami Gardens. 

Vita at Grove Isle boutique condo project lands $239 million construction loan  

Construction of the 65-condominium development by Ugo Colombo’s CMC Group is already underway, with an expected 2025 completion. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

Caroline Wozniacki and David Lee list Fisher Island penthouse for $42.5 million 

The 7,000-square-foot residence is in the Palazzo Del Sol condo tower. 

What the recent surge in single-family construction means for 2024

The growth in November housing starts was seen across all United States regions, including a notable jump of 16.3% in the South; starts were up 1.4% in the Midwest.

13-townhome enclave coming to Coral Gables’ Biltmore Square 

MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George. 

2024 market outlook: What needs to happen for a robust year

Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.

South Florida Housing Scorecard: Inventory up, days on market down

At the same time, existing-home sales were down in Miami-Dade and Broward counties but up in Palm Beach County.

Survey results: Should it be more difficult to get licensed?

We asked; you answered. By an overwhelming majority, South Florida agents think it should be more difficult to get a real estate license, with most respondents recommending more intensive training for licensees.

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