In Miami, 28 homes sold for at least $100,000 over asking price, up from four in 2021.

The company has named Paul Hurst its chief innovation officer, a new role that reports directly to CEO Ken DeGiorgio.

Of the homes that went under contract during the four weeks ended March 6, 58% had an accepted offer within the first two weeks of going on the market, and 45% had an accepted offer within just one week, Redfin reported.

Paul Ratha Yem is a Massachusetts real estate broker and former Cambodian refugee who sees parallels between his story and the women and children escaping war-torn Ukraine.

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

“Looking ahead, the potential for higher inflation amidst disruptions in oil and other commodity flows will likely lead to a period of volatility in rates.” — MBA associate vice president of economic and industry forecasting Joel Kan 

The East Tower at 1809 Brickell Ave. will include 149 residences, ranging from two-bedroom units at 2,300 square feet to 8,900-square-foot duplexes. Prices start at $2.8 million.

The office at 701 E. Broward Blvd. expands RelatedISG’s presence in Broward County, joining the company’s Weston office there. RelatedISG’s new Director of Sales Robert Esposito will lead the new office.

Just an hour from outer Chicago, sits a spaceship-like structure: Illinois’ famous rotating house.

The real estate franchisor’s 140,000 agents closed more than two million transaction sides in 2021 to become the first real estate brand to do so in a single calendar year, according to the company.

Real estate technology platform MoxiWorks recently announced the acquisition of ActivePipe, a lead nurturing platform for real estate professionals.

The National Association of REALTORS® released an official statement this week regarding Russia’s invasion of Ukraine.

RE/MAX Advance Realty/All Keys agents Curtis Skomp, Greg Dully and Michael Petro represented the buyer and brokered the transaction.

StorageCafe conducted a study on construction in the 50 largest metros — and among them, Miami-Fort Lauderdale-Pompano Beach ranks ninth for growth.

“Given the situation in the market — mortgages, home costs and inventory — it would not be surprising to see a retreat in housing demand.” — NAR chief economist Lawrence Yun 

It’s the third consecutive year The Jills Zeder Group has reached the top spot. The group achieved a sales volume of $2.25 billion in 2021.