News / Features

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.

Housing starts slow in October but remain elevated

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of homes. 

MBA: Mortgage applications rebound on lower rates

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association said. 

Chicago-based Baird & Warner launches brokerage in Naples

Baird & Warner has opened a new branch in Naples, Florida. Although the Chicago-based brokerage has conducted some business in Wisconsin and Indiana, the move represents its first office outside of Illinois.

NAR names Utah Realtor as 2023 president

The appointment was one of many leadership announcements the National Association of REALTORS® made at its annual convention in Orlando, Florida. 

Resilient Miami Condo Market Record Sales
South Florida luxury properties continue to rise in value while total transactions dip

South Florida collectively recorded a 15.3% year-over-year drop in total sales of single-family homes worth $1 million and up in the third quarter of the year.

Miami ranked one of the best metro areas for cashing in on downsizing

Downsizing from a four-bedroom home to a two-bedroom home in South Florida would save the typical homeowner more than $322,000.

Redfin cuts 13% of its workforce, eliminates RedfinNow

The company will let go of 862 employees and eliminate the roles of another 218 people, Redfin CEO Glenn Kelman said.

Residential Real Estate Council hires new CEO

The new chief executive previously served as CEO of the Women’s Council of Realtors®. 

Homebuyer demand stabilizes as mortgage rates dip

Homebuyer demand is starting to stabilize as October home sales posted the largest decline since 2015, according to a new report.

A whale of a good time — in British Columbia

Vancouver Island is great for whale watching. But at this home, you won’t even need to leave the front porch!

A literal treehouse in Pismo Beach

Within the city of Pismo Beach, an authentic treehouse stands tall — and it’s currently listed for $3.8 million.

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