News / Features

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.

South Florida ranks No. 1 for year-over-year median home sale price percentage growth

The median price for a home in the Miami area in September was $599,000, an increase of 28.3% compared to the same month last year.

First-time homebuyers bounce back amid rising rates

First-time homebuyers now make up 45% of current homebuyers, according to Zillow. The numbers represent a rebound from the lows of the pandemic.

Keller Williams expands to Switzerland

The new franchise will be the brokerage’s 16th in Europe as it pursues other expansion opportunities around the world. 

First-of-its-kind solar powered residential tower planned in Brickell

The solar energy will be used to power the common areas of the building, reducing HOA costs for residents.

Toll Brothers co-founder Robert Toll dies

The former chairman and CEO of the homebuilder died of Parkinson’s disease at 81. 

Record $15.5 million home sale completed on Normandy Isle

The property features a media room, elevator, pool, pier dock, boat lift, 73 feet of water frontage and views of Biscayne Bay.

Grady Ligon joins RE/MAX Holdings, Inc. as CIO

RE/MAX Holdings, Inc. has named Grady Ligon as its new chief information officer. Ligon brings 20-plus years of experience to the position, as well as his proven track record for integrating technology to enhance business growth.

CoreLogic: Pace of home-price increases slows for fourth month in a row in August

Looking ahead, CoreLogic expects the year-over-year pace of home-price appreciation to slow to 3.5% by August 2023. 

Mortgage payments up 15% since mid-August

Market volatility is causing more and more homebuyers to delay or cancel plans to make a purchase.

Slide into home!

As if a lakeside property were not fun enough, this home in Madison, Wisconsin. includes a large spiraling slide in the foyer.

Realtor organizations aid in Hurricane Ian relief

Florida’s southwest coast is reeling from the damage of Hurricane Ian. But Realtors are offering solidarity for those affected.

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