Read Today’s Top Story: Miami-Dade home sales increase again

News / Features

December brings a record increase in housing supply

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.

Illustrated Properties promotes Amanda Fell to director of operations

Fell has worked for Illustrated Properties for 18 years and previously was director of corporate services.

Coldwell Banker CEO replaced amid parent-co shakeup

Sue Yannaccone, CEO of Anywhere Brands, will lead the brokerage as M. Ryan Gorman moves to a strategic-advisor role. 

Welcome to Jurassic Park

Life finds a way at this adventurous getaway in Washougal, Washington. The Jurassic Retreat is currently listed for $1.29 million.

Declining mortgage rates boost homebuyer demand

Homebuyer demand is rising as mortgage rates continue to decline, according to a new Redfin report.

Illustrated Properties to open new Palm Beach office

Anderson Ohman will serve as the manager of the new office and oversee the day-to-day operations. Renovations are expected to finish in early December. 

NAR: Pending-home sales slide for fifth consecutive month in October

October’s 4.6% monthly drop follows a 10.2% decline in September, the National Association of REALTORS® reported. 

South Florida home sales to drop in 2023 while prices grow, Realtor.com projects

The projected year-over-year change in home sale transactions in the Miami-Fort Lauderdale-West Palm Beach region is -2%.

S&P CoreLogic Case-Shiller: Miami housing prices lose ground

Housing prices were down in all 20 cities tracked by the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

New-home sales post surprise gain in October as median price hits new high

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.   

MBA: New-home mortgage applications fall in October

The pace of new single-family home sales, meanwhile, fell 6.1% from September to 598,000. 

Miami ranks among best cities in the world

Miami came in at No. 52 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.

FHA allows borrowers to obtain private flood insurance

In the wake of this new rule, FHA borrowers will have a choice between federal flood insurance and private flood insurance.

Taylor Morrison launches Yardly build-to-rent brand

The brand will specialize in cottage-style homes with private backyards. 

NAR: Existing-home sales fall again in October as prices continue to rise

The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of increases. 

Miami Beach ZIP code 33109 named one of the priciest in the nation for real estate

From January through October of this year, the Fisher Island ZIP code had a median home sale price of $5.2 million, fourth-highest in the nation.

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