News / Features

There aren’t enough affordable homes on the market for middle-income buyers

Homes affordable to middle-income buyers — defined as households earning up to $75,000 — fall in the $256,000-to-$320,000 range. But of the over one million U.S. homes on the market at the end of April, less than a quarter of all listings were within that price range.

David ‘Big Papi’ Ortiz sells mansion for Pinecrest record $10.55 million

Boston Red Sox legend David “Big Papi” Ortiz recently sold his home for $10,55 million, the priciest sale in the history of Pinecrest.

Migration between major brokerages in 2023

The first quarter of 2023 shows some serious agent fluctuation at many of the country’s biggest brokerages.

A treehouse in paradise

Live out your Hawaiian dream in this massive treehouse, suspended 20 in the lush treetops, five miles from Hawai’i Volcanoes National Park.

A Hollywood mansion — truly

Located in Davenport, Florida, on Fantasy Drive, the street name says it all. A bold mansion designed to offer the true Hollywood experience

Home price growth slows as inventory fell in May

Miami’s listings grew 55.2% from last year.

The Keyes Company adds 100 agents with acquisition of Boca Realty Inc.

This is the second Boca Raton firm to join Keyes this year. 

Most adults support housing densification in their neighborhood

These new homes are envisioned as “missing middle housing,” such as medium and large apartment buildings.

Home-price declines ‘may have come to an end’; Miami sees 7.7% gain

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last year. 

Seller concessions on the rise in Miami and nationwide

The percentage of home sales with a seller concession more than doubled in Miami, year over year.

PulteGroup appoints Kevin Henry chief people officer

The incoming executive has held similar roles at BlueLinx Corp. and Extended Stay America. 

NAR: Limited supply keeps pending-home sales flat in April

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association’s most recent report on pending sales. 

$4.9 million home sale sets price-per-square-foot record in Key Largo

The price per square foot on the property exceeded $1,150.

New-home sales rise for fifth month in a row

A shortage of existing inventory continues to drive buyers to new construction. 

Miami ranked a top six city in the nation to buy vs. rent

Miami is among 18 of the 50 largest U.S. cities where it’s better to buy a home than rent one, according to a new analysis. 

NAR: Existing-home sales and days on market slide in April

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are “virtually nonexistent,” the National Association of REALTORS® said.

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