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

News / Features

Brickell penthouse sells for record $17.75 million, sets price-per-square-foot high for Miami

The residence sold for $2,506 per square foot, the highest price per square foot deal in Miami.

Greater percentage of Realtors® incorporating Instagram and LinkedIn into their work

The technology survey offers insights into how Realtors value technology and use social media.

PulteGroup COO to retire next year

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field operations. 

Mortgage rates top 7% for first time since 2002

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14% rate. 

New-home sales resume downward trajectory in September

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August.  

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers Association. 

Sales launch at first residences at Fort Lauderdale’s Pier Sixty-Six

The development includes a first-phase offering of 62 luxury condominiums starting at $3 million.

Still deep in positive territory, home-price gains post steep declines in latest Case-Shiller

In Miami, home prices posted a 28.6% year-over-year gain in August — the largest in the country — compared to a 31.7% gain in July. Month over month, prices fell 0.1%.

Home values rise above what’s affordable, nationally and in South Florida

Home values are 25% above affordability norms, the worst it’s been in years, according to a new report from Zillow.

Fort Lauderdale’s highest penthouse hits the market for $6.3 million

The 100 Las Olas penthouse is on levels 45 and 46 of the building.

Home sales, listings take biggest hit on record

The only other time the market saw such change was at the beginning of the pandemic. 

NAR: Existing-home sales fall for eighth month in a row in September

Month over month in September, existing-home sales slid 1.5% to 4.71 million, which is 23.8% lower than the year before. 

Housing starts miss expectations in September

New home construction missed analyst estimates in September, falling 8.1% month over month to an annual rate 1,439,000 homes, according to government statistics. 

Developers to break ground on Waldorf Astoria Hotel & Residences, the tallest residential tower in Miami

The 1,094-foot building will be the tallest residential tower south of New York City.

Christie’s International Real Estate returns to Miami with new affiliate Fortune International Realty

Fortune International Realty has 40 years of experience in the luxury Miami real estate market.

Housing market hit hard as mortgage rates reach 20-year high, inflation woes grow

Mortgage rates rose to 6.9%, the highest they’ve been since April 2002.

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