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

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Surprise surge in new-home sales in May as median price falls

New-home inventory rose to 444,000 homes in May from 437,000 homes in April, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.  

Maya Vander from ‘Selling Sunset’ joins Compass in South Florida

Vander will work with Compass in both Florida and California. Her new Maya Vander Group will be based in Coconut Grove. 

Median home sale prices soar in Broward, Palm Beach counties

The median sale prices for single-family homes in both Broward and Palm Beach counties jumped by more than $120,000 year over year.

Florida among top 5 most fun states

When you consider entertainment, recreation, nightlife, parties and overall costs, it turns out, Florida is a pretty fun state! And that has a positive effect on South Florida real estate.

Median existing-home price tops $400,000 for first time in May

Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®. 

Miami home sales drop 22.4% year over year in May

Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.

Singer Malu Trevejo selling South Florida home previously owned by rapper Fat Joe

Cuban singer and social media star Malu Trevejo is selling her home in Plantation, listed at $3.25 million.

Housing starts plunge in May amid uncertain economic conditions

New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report. 

The Fed hikes interest rates 0.75% — what it means for real estate

The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?

2 Florida teams and 2 individuals stand out in 2022 RealTrends ‘The Thousand’ rankings

The Jills Zeder Group was named the No. 1 large team in the country based on volume. The group did $2.25 billion in sales volume in 2021.

Compass and Redfin announce layoffs

Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.

Is the ‘lumber bubble’ finally bursting?

Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?

Ranking every state by its most expensive home listing. Where does Florida land on the list?

It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.

Brown Harris Stevens brings on new agents to South Florida operations

The new additions to Brown Harris Stevens will work out of offices in Miami Beach, Coconut Grove and South Miami.

Great location — adjacent to Jurassic Park

Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.

Largest single-family oceanfront property in Miami hits the market for $100 million

The listing is held by Ryan Serhant, of Bravo’s Million Dollar Listing New York, and Dina Goldentayer, Douglas Elliman’s No. 1 agent.

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