News / Features

Property listed for $32.9 million on exclusive Allison Island, where celebs such as Lil Wayne have called home

A seven-bedroom Allison Island home and neighboring lot with 150 feet of water frontage is on the market for $32.9 million. 

3,500 Sunbelt rental homes acquired for $1 billion

Most of the single-family homes are in Texas, Georgia, Alabama and Oklahoma. 

Miami-area housing payments increase 83% compared to last year

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Pending-home sales fall to 10-year low

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

Which Miami suburb has the sharpest home price growth?

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Miami suburb is the hottest?

Where does Miami land on list of greenest cities?

Miami was No. 1 for vegan options and No. 2 for electric vehicles, but its scores in the other categories brought down its overall rating.

New residential sales fall in April as home prices, mortgage rates continue to climb

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

Compass joins the Fortune 500

Compass made its debut on the Fortune 500 today, becoming one of the youngest companies to make the list.

‘Unusual’ market in April as home sales slow, but listed homes still sell quickly and at high prices

The inventory of unsold homes increased in April, while the median existing-home sales price rose, according to the National Association of REALTORS®.

MG Developer to launch $204 million two-tower development near Coral Gables

The $204 million project, dubbed Merrick Parc, is near The Shops at Merrick Park and the University of Miami.

Single-family home construction slows for second month in a row as apartment starts jump

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 

NAHB: Builder confidence plunges in May on affordability concerns

The release of the monthly survey from the National Association of Home Builders comes as the Biden Administration unveiled a housing-supply action plan that aims to boost the supply of affordable apartments and new homes. 

Florida ranked one of the best states in the country for taxes

The Tax Foundation’s ​​2022 State Business Tax Climate Index ranked Florida fourth on its list. Wyoming was No. 1 and New Jersey was last.

Inside the rise in Hispanic homeownership

The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals shows. With 8.8 million Hispanic-owned households, more than 48% of Latinos now own homes, reflecting a continual rise since 2014.

Sales underway at 42 Pine, a 50-unit Miami Beach luxury condo project

Residences will range from 700 to 2,700 square feet with pricing from $700,000 to $4 million.

$59 million new construction mansion on the market in Billionaire Bunker, where neighbors include Tom Brady and Ivanka Trump

The compound on the exclusive Indian Creek island is accepting Bitcoin as payment.

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