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At the same time, the median sales price rose 4.4% to $382,600.
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.
The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
The 402-unit tower is a public-private partnership between Terra, Grass River Property and Miami-Dade County.
The real estate income trust is purchasing the 126-unit entire community, called Fiore, for $45.4 million.
Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.
Neology Development is building the $100 million, 323-unit tower.
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.
Construction of the 65-condominium development by Ugo Colombo’s CMC Group is already underway, with an expected 2025 completion.
NAR President-elect Kevin Sears will move into the role of president, effective immediately.
The 7,000-square-foot residence is in the Palazzo Del Sol condo tower.
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.
MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George.
Three real estate CEOs — Victor Ciardelli, Erik Doersching and Thad Wong — explain what needs to happen in real estate for a robust year.
At the same time, existing-home sales were down in Miami-Dade and Broward counties but up in Palm Beach County.
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.