May 17, 2021
Emptying the Nest. Again.
As reported in The New York Times.When Kristine Mestaz’s son, Jeremy Cunningham, now 20, moved to Arizona for college,...
May 15, 2021
Here’s where homes virtually sold out in the pandemic
As reported in The Real Deal.New data confirm what brokers and home buyers have long felt: The pandemic surge in...
May 14, 2021
How Tight Is Inventory? 1 in 4 Listings is New Construction
As reported in Florida Realtors.Except for sky-high material prices, it’s a good time to be in the home construction...
May 13, 2021
South Florida resi sales, prices jump in the first quarter
As reported in The Real Deal.South Florida’s residential sales increased in the first quarter of this year, as the...
May 12, 2021
National chains paid 93% of rent in April
As reported in The Real Deal.In April 2020, one month after pandemic-related lockdowns started in much of the U.S.,...
May 11, 2021
Simon says suburbia is hot, raises guidance for 2021
As reported in The Real Deal.After a devastating year of mall closures and tenant bankruptcies, Simon Property Group...
May 10, 2021
Desperate buyers are going to extremes to land a home
As reported in CNN.With the inventory of homes for sale historically low and prices higher than ever, the...
May 8, 2021
NY tax officials crack down on remote workers
As reported in The Real Deal.Tax officials in New York state are taking a closer look at the refund claims of folks who...
May 7, 2021
Mortgage rates are falling again
As reported in CNN.The mortgage rate for 30-year mortgages fell slightly over the past week, marking three straight...
May 6, 2021
More urban areas lost population in 2020
As reported in The Real Deal.Americans made some major moves in 2020, draining the population of key cities.Urban...
May 5, 2021
Fla.’s Consumers Are More Optimistic About the Future
As reported by Florida Realtors.Overall sentiments among Floridians remain 19.3 points below pre-pandemic, but...
May 4, 2021
What Biden’s first 100 days meant for real estate
As reported in The Real Deal.President Joe Biden’s administration on Wednesday unveiled a $1.8 trillion spending plan...
May 3, 2021
Renovating Your Kitchen This Summer? Proceed With Caution.
As reported in The New York Times.The salesman for the cabinets I was about to order stood in my kitchen a few weeks...
May 1, 2021
Home values are up, but just try getting a line of credit
As reported in The Real Deal.Remember the financial crisis? Banks do.Lenders are being stingy about granting home equity...
April 30, 2021
Pending home sales rebound
As reported in The Real Deal.The number of homes buyers put into contract last month rose after recent declines.An index...
April 29, 2021
Fannie, Freddie say housing market could see slight hiccup
As reported in The Real Deal.The red-hot housing market could be heading for a slight slowdown, according to Fannie Mae...
April 28, 2021
US home prices grow at fastest rate in 15 years
As reported in The Real Deal.Home prices continue to soar to new heights.The S&P CoreLogic Case-Shiller...
April 27, 2021
New home sales soar 21%
As reported in The Real Deal.The pace of new single-family home sales skyrocketed last month.That figure jumped a...
April 26, 2021
Mortgage rates dip, triggering surge in loan requests
As reported in The Real Deal.When mortgage rates dropped last week to their lowest levels in two months, buyers...
April 24, 2021
Biden administration considers Opportunity Zone overhaul
As reported in The Real Deal.A Trump-era tax incentive was meant to drive investment into parts of the country that were...
April 23, 2021
U.S. Home Sales Are Surging. When Does the Music Stop?
As reported in The New York Times.As housing omens go, beware the trending Google search.In the first week of April,...
April 22, 2021
Buenas noticias: Hispanic homeownership soars
As reported in The Real Deal.Hispanic homeownership had its biggest annual increase last year in two decades.As buyers —...
April 21, 2021
$35M Miami Beach sale leads weekly condo sales
As reported in The Real Deal.A total of 278 condos sold for $242.4 million last week, up from the 239 condos that sold...
April 20, 2021
Top security? Prison equipment mogul drops $26M on Ritz-Carlton Sunny Isles penthouse
As reported in The Real Deal.A prison security system mogul bought a unit at Ritz-Carlton Residences, Sunny Isles Beach...
April 19, 2021
US needs 4M homes to meet demand from buyers
As reported in The Real Deal.The U.S. is facing an unprecedented housing shortage — one that’s creating problems for...
April 17, 2021
Homebuilder sentiment ticks up in April
As reported in The Real Deal.April showers may bring brighter days for homebuilders.The National Association of Home...
April 16, 2021
Condo sales soar in South Florida in Q1
As reported in The Real Deal.Residential sales continued to rise throughout South Florida in the first quarter, with...
April 15, 2021
Kolter Urban launches sales of Fort Lauderdale Beach condo towers
As reported in The Real Deal.Kolter Urban launched sales of a two-tower luxury condo project on Fort Lauderdale...
April 14, 2021
Institutional investors, higher material costs lead to rising home prices
As reported in The Real Deal.Homebuyers may think prices are rising and supply is dwindling because of low interest...
April 13, 2021
Koda Interstate buys Riviera Beach industrial park for $13M
As reported in The Real Deal.An industrial park in an Opportunity Zone in Riviera Beach sold for $12.8 million, another...
April 12, 2021
Brickell dev site hits market, broker expects it to fetch more than $25M
As reported in The Real Deal.A developable assemblage in Miami’s Brickell neighborhood hit the market, with zoning that...
April 10, 2021
Astor Companies scores $32M construction loan for Miami apartments
As reported in The Real Deal.The Astor Companies scored a $32.4 million construction loan for its planned mixed-income,...
April 9, 2021
Gil Dezer partners with Bentley for luxury condo tower in Sunny Isles Beach
As reported in The Real Deal.Developer Gil Dezer, known for his luxury condo towers and exotic car collection, is...
April 8, 2021
Terreno Realty pays $50M for two buildings at FECI’s Hialeah industrial complex
As reported in The Real Deal.Terreno Realty Corp. paid $50 million for two recently completed industrial buildings at...
April 7, 2021
Weekly condo sales and dollar volume rise in Miami-Dade
As reported in The Real Deal.A total of 305 condos sold last week for $235.2 million, up from the 243 condos that sold...
April 6, 2021
Terra scores $65M loan for Northwest Miami-Dade project
As reported in The Real Deal.Terra is moving forward with its multifamily project in northwest Miami-Dade County, near...
April 5, 2021
Affiliated scores $34M construction loan for Lake Worth Beach apartments
As reported in The Real Deal.Affiliated Development scored a $34.1 million construction loan for its planned...
April 3, 2021
Big Tech firms led office leasing in 2020
As reported in The Real Deal.Big Tech keeps getting bigger, and the office footprint of the companies in the sector is...
April 2, 2021
Canadian investor scoops up Hallandale Beach office building for $17M
As reported in The Real Deal.A Canadian real estate investor expanding its holdings into South Florida bought a...
April 1, 2021
Fontainebleau Development scores loan for boutique Jupiter Island condo project
As reported in The Real Deal.Jeffrey Soffer’s Fontainebleau Development secured a $50 million loan for a planned...
March 31, 2021
US home price growth hits 15-year high
As reported in The Real Deal.Home price growth hit levels not seen in 15 years.The S&P CoreLogic Case-Shiller U.S....
March 30, 2021
South Florida by the numbers: Here comes the money
As reported in The Real Deal.While Miami continues to reshape itself as the new global hub for technology and finance,...
March 29, 2021
Last piece of the pie: Franco & Vinny’s Pizza Shack owners sell Fort Lauderdale Beach assemblage for $7M
As reported in The Real Deal.All the pieces of the pie came together for the owners of Franco & Vinny’s Pizza...
March 27, 2021
Miami condo craze returns as developers look to seize the moment
As reported in The Real Deal.With half the business elite seemingly moving to Miami, South Florida’s residential...
March 26, 2021
South Florida luxury resi sales continue to soar in February
As reported in The Real Deal.Luxury home sales soared throughout South Florida in February, continuing a monthslong...
March 25, 2021
Miami-Dade condo sales and dollar volume surge midway through March
As reported in The Real Deal.A total of 234 condos sold last week for $201.7 million, up from 186 condos that sold for...
March 24, 2021
Galbut development group scores approval for mixed-use North Beach resi project
As reported in The Real Deal.The developers of one of the first projects planned for the North Beach Town Center...
March 23, 2021
Waldorf Astoria Miami, planned as the tallest resi tower south of Manhattan, launches sales
As reported in The Real Deal.The developers of Waldorf Astoria Residences Miami, planned as the city’s tallest...
March 22, 2021
Lynd buys Margate apartments from Grand Peaks for $51M
As reported in The Real deal.San Antonio-based multifamily investor Lynd bought a Margate apartment complex for $50.75...
March 20, 2021
Related wins approval to develop high-rise condo project in Hollywood
As reported in The Real Deal.Hollywood commissioners approved the Related Group’s proposal to develop a high-rise...
March 19, 2021
Triarch buys Dania Beach industrial property for $10M
As reported in The Real Deal.Triarch Capital Group bought a Dania Beach warehouse distribution property for $10.4...
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