Fewer Americans are packing up and relocating, and when they do move, they are likely to stay within their current region, according to a new analysis published by Bank of America. The findings suggest that the era of a dramatic nationwide migration has faded, replaced by a quieter trend of households trading one nearby city […]
Americans are moving less frequently — and staying closer to home Read More »
While much of the U.S. housing market faces affordability pressures and elevated mortgage rates, the luxury sector continues to expand. A new Mordor Intelligence report projects the high-end residential market will exceed $338 billion by 2030, up from roughly $289 billion today. The firm reports that although the West accounted for a third of luxury
Luxury real estate market projected to exceed $330B by 2030 Read More »
The Casa Team by Chiqui Delgado and Edgar Marquez at Douglas Elliman is expanding its operations from New York City to Miami. The real estate team brings more than two decades of combined experience in sales, media, design and law. “Chiqui and Edgar bring an exceptional combination of sales expertise, legal insight, media influence and
The Casa Team expands Douglas Elliman operations to Miami Read More »
eXp Realty has announced the launch of two major artificial intelligence (AI) initiatives; Mira, a new AI-powered business assistant — and the eXp University AI Accelerator Series, an eight-week program aimed at helping agents learn to integrate AI and automation. Unveiled Tuesday at eXpCon Miami, Mira allows agents to instantly access real-time business data, navigate
eXp Realty launches AI assistant ‘Mira,’ AI training program Read More »
Compass announced Wednesday that the Andrade Group has joined the company — bolstering its luxury real estate footprint in South Florida. Led by broker-owner Jorge Andrade and Realtor Henny Barreto, the Andrade Group will operate from Compass’s Coconut Grove and Winter Park offices. The team has served the region for more than two decades, specializing
Compass adds the Andrade Group in South Florida Read More »
Florida’s real estate landscape is shifting after lawmakers passed House Bill 913, a sweeping measure designed to strengthen structural safety, transparency and financial accountability in condominium and cooperative associations — particularly those with three or more habitable stories. The law — enacted in response to the 2021 Surfside condominium collapse that killed 98 people —
New condo regulation weighed by Florida real estate leaders Read More »
Miami has been ranked as the world’s most overvalued housing market, according to the 2025 UBS Global Real Estate Bubble Index. But Florida real estate leaders say the city’s fundamentals remain strong and the report misrepresents what’s really happening on the ground. The UBS index, which measures housing imbalances in 25 major cities, placed Miami
Miami has the world’s biggest housing bubble. Local experts reject that label Read More »
Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour. From Los Angeles to Miami, residents are tapping into what some call the “Airbnb for Everything” trend. Pools are booked for small social gatherings, backyards host yoga classes and home gyms are used for
Homeowners cashing in with ‘Airbnb for anything’ rentals Read More »
The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties
Sun Belt leads sales volume but posts nation’s lowest absorption rate Read More »
New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of
Miami luxury home prices soar to $1.13 million, nearly triple national average Read More »