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

News / Features

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

Sales launch at Shoma Bay condo development in North Bay Village

Miami developer Shoma Group recently launched sales for Shoma Bay, a 327-unit condominium building in North Bay Village. 

Bidding wars fall to lowest level since April 2020

In Miami, the bidding-war rate actually grew, as 42.2% of Redfin offers faced competition in August

New-home sales post unexpected rebound in August

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

NAR partners with National Forest Foundation to plant 1.575 million trees

NAR and the National Forest Foundation (NFF) plan to plant 1.575 million new trees by the end of 2025, thanks to a $1.575 million donation from NAR. That many trees will reduce 750,000 metric tons of carbon in the atmosphere — the equivalent of 145,931 homes’ yearly electricity use.

Guaranteed Rate unveils new Spanish-language mortgage program

The mortgage lending and digital finance company Guaranteed Rate has launched an extensive Language Access Program to expand services to Spanish-speaking clients. The program uses language and cultural information to create an inclusive and informative experience for all clients, regardless of their English proficiency.

Two views on what the Fed’s latest interest-rate hike means for real estate

Two economists expressed concerns about the real estate industry in the wake of the Fed’s decision to raise interest rates by three-quarters of a percent. 

Real Estranger Things

Enter the Upside Down… in Fayetteville, Ga! The famous Byers home from “Stranger Things” is officially on the market.

NAR: Existing-home sales fell in August while prices rose

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

JoJo’s Restaurant site in the Florida Keys to be converted into single-family residences

The 3.7-acre lot in Marathon was sold for $3.18 million.

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Housing starts surprise to the upside in August

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

Builder confidence falls for ninth consecutive month

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

Sellers lose the upper hand as mortgage rates rise

The housing market is starting to become more balanced.

Miami real estate rental and sales prices exploding
Miami ranks No. 5 in apartment development over the last 10 years

From 2013 to 2022, 12,401 apartments were delivered in Miami.

Christie’s International Real Estate expands to Naples

Christie’s International Real Estate making coastal moves. Following recent expansion to Newport, R.I., the brokerage is coming to Naples.

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