Home prices suddenly see biggest gains in 2 years
Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018. Nationally, home prices in July were 5.5% higher than in 2019. That is a marked increase from the 4.3% annual gain seen...
Goodbye, Big Apple. Billionaire Carl Icahn relocates headquarters to the Miami area.
Billionaire Carl Icahn has moved his headquarters from New York to Sunny Isles Beach. Icahn, the founder and majority shareholder of the conglomerate Icahn Enterprises, relocated his firm from the General Motors Building in Manhattan to the 14-story Milton Tower in...
Design approved for four-story Miami Beach townhomes from hospitality-nightlife guru
Hospitality guru Mio Danilovic is turning his hand to residential development. Earlier this week, Danilovic received design approval from the city of Miami Beach to replace the existing two-story building at 1311 15th Terrace with four sleek condos designed by...
COVID is not taking a toll on real estate deals. Home sales are up in South Florida
The South Florida housing market is finally getting its time in the sun after months of weathering a storm. And condos, not just single-family homes, are feeling the warmth. Broward and Miami-Dade saw 82% to 100.8% growth in year-over-year condo and single-family home...