Miami

MIAMI and RWorld merger targets unified MLS data and tools

MLS consolidation is something numerous industry executives advocate for but few have managed to successfully pull off given all of the logistical challenges of combining two distinct platforms into one. However, MIAMI Association of Realtors (MIAMI) and Broward, Palm Beaches & St. Lucie Realtors (RWorld) and their respective MLSs, MIAMI MLS and BeachesMLS, just proved […]

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Compass agent launches Family Office Team, expands advisory model

A new advisory group focused on high-net-worth real estate clients has launched within Compass, expanding an existing network designed to serve family offices and multi-generational wealth portfolios. The initiative — called the Family Office Team — was founded by agent Cindy Scholz and builds on the firm’s existing Family Office Division, which provides access to

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Americans are moving less frequently — and staying closer to home

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

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Cooling home prices, stable inventory as buyers gain leverage

The U.S. housing market continues to show signs of cooling as listing prices ease and inventory levels remain steady, according to most recent HousingWire data. As of Nov. 14, the median list price stood at $429,900, while new listings are entering the market at a median of $395,000. Homes are spending an average of 118

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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

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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

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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 —

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All-cash home sales hold strong as high mortgage rates persist

With mortgage rates lingering above 6%, buyers with ready cash continue to dominate both the lowest and highest ends of the housing market. Roughly one-third of all home sales in the first half of 2025 were completed entirely with cash, according to a new report from Realtor.com. That figure represents only a 0.6% decline from

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Homeowners cashing in with ‘Airbnb for anything’ rentals

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

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Sun Belt leads sales volume but posts nation’s lowest absorption rate

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

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