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Miami rent prices up slightly in 2020

“In the final months of 2020, single-family rents posted the highest increases in over four years,” said Molly Boesel, principal economist at CoreLogic. “However, single-family rent price reaction to the pandemic and resulting recession differed greatly across metros.”

Keyes/Illustrated luxury report: South Florida’s high-end single-family sales skyrocket during Q4

Miami-Dade, Broward and Palm Beach counties all saw significant year-over-year increases in luxury single-family sales, average sales price and cash transactions.

Predictions: South Florida real estate leaders talk 2021

We asked industry experts for their predictions on the market ahead and here’s what they said.

Citadel founder Ken Griffin sells Miami Beach penthouses

Griffin, the owner of Chicago-based Citadel Securities, has already sold the larger of the two units for $35 million and the second is currently under contract for $12.5 million.

Realtor.com VP heads to GryphTech in new role

He will oversee the rollout of the new and improved iList Agent CRM, which is used by more than 40,000 RE/MAX agents.

Want to thank your agents this holiday season? Here are a few tips

Thanksgiving is almost upon us, making it the perfect time for brokers to give a sincere thank you to the folks who have persevered in a challenging year.

Labor market shows improvement in latest jobs report

The latest jobs report shows improvement, with another 638,000 net job gains and the unemployment rate slashed to 6.9%.

Miami Beach home sells for $18 million

Villa Duval on Sunset Island IV has sold for $18 million.

135 Palm on Palm Island hits market for $34 million

135 Palm boasts prestigious location, designer decor and most expensive price tag on Palm Island.

What does professionalism mean to you? Find out what Miami brokers had to say

We asked, you answered. Here’s what Miami Agent readers had to say about professionalism.

Construction employment up in latest jobs report, though still below pre-pandemic levels

The U.S. economy has recovered approximately half of the 22 million jobs lost during the height of the pandemic, according to the Labor Department.

Douglas Elliman welcomes interior designer Sofia Joelsson, RelatedISG International Realty adds commercial division, and more

Tomas Sulichin is set to spearhead RelatedISG’s new commercial division, Sofia Joelsson brings interior design expertise to ultra-net-worth clientele and RE/MAX Presidential expands to Aventura.

Nation’s residences increase in equity in second quarter

ATTOM Data Solutions’ report of increased equity in residences across the country could be good news for the nation’s ability to absorb potential wave of foreclosures.

August is the new May for peak home sales

Peak homebuying season has shifted to the end of summer, according to realtor.com.

One-in-five Americans have moved or know someone who has due to COVID-19

While the pandemic has not significantly affected plans to purchase a home, it’s fueling relocations, according to a new report.

Single-family rent price growth plunged in May, according to new report

Rent price growth for single-family homes in May slowed to its lowest level since 2010.

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