Florida

Alexander brothers bid to toss sex-trafficking charges denied

A federal judge has rejected an effort by luxury brokers Tal and Oren Alexander and their brother, security executive Alon Alexander, to dismiss sex-trafficking charges — clearing the way for their January trial. U.S. District Judge Valerie Caproni allowed the case to proceed, tossing only one count involving “Victim 5” because it fell outside the

Alexander brothers bid to toss sex-trafficking charges denied Read More »

Luxury real estate market projected to exceed $330B by 2030

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 »

Florida housing market slows as listings rise and sales drop

Florida’s single-family housing market revealed a striking disconnect in early November 2025, with homes taking a median 98 days to sell, 21 days longer than the national median of 77 days, even as market conditions shifted decisively in favor of buyers. The state’s housing inventory reached 97,224 active listings for the week ending Nov. 1,

Florida housing market slows as listings rise and sales drop Read More »

Orlando metro homes sit longer despite lower prices

The Orlando–Kissimmee–Sanford metro housing market presents an unusual dynamic where homes are taking 20% longer to sell than a year ago despite falling prices and widespread price reductions. The median days on market jumped to 84 days in the week ending Nov. 7, up from 70 days year-over-year, while median list prices dropped 2.2% to

Orlando metro homes sit longer despite lower prices Read More »

Florida Realtors, Japan-America Real Estate Coalition expand ties

Florida Realtors has signed a memorandum of understanding with the Japan-America Real Estate Coalition Office (JARECO) — strengthening cooperation and expanding business opportunities between real estate professionals in Florida and Japan. Under the memorandum, Florida Realtors and JARECO will focus on professional development, market data sharing and global business outreach. Both groups have committed to

Florida Realtors, Japan-America Real Estate Coalition expand ties Read More »

South Florida boutique brokerage Galleria International Realty joins Compass

Compass’s market share in South Florida is growing. On Monday, Galleria International Realty announced that it is joining Compass.  According to Compass, the Fort Lauderdale-based firm’s team has over 100 years of combined experience and has recorded over $2 billion in combined career sales.  “Bringing Galleria International Realty into the Compass network represents an important

South Florida boutique brokerage Galleria International Realty joins Compass Read More »

Home seller profits down in most metros despite record sale prices

U.S. homeowners made an average profit of 49.9% on single-family home and condominium sales in the third quarter of 2025, according to ATTOM’s newest U.S. Home Sales Report. That’s up slightly from 49.3% in the second quarter but down from the 55.4% margin seen in the third quarter of last year. Sellers typically earned $123,100

Home seller profits down in most metros despite record sale prices Read More »

Compass adds the Andrade Group in South Florida

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 »

New condo regulation weighed by Florida real estate leaders

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 »