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The number of condos sold in August fell by double digits compared to a year ago as thousands more condos hit the market looking for buyers, according to data compiled by the Miami Association of Realtors.
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For the first time in more than four years, the Federal Reserve cut its key interest rate Wednesday. The move is good news for buyers who can qualify for a mortgage. But the ultimate impact on South Florida's housing may be muted - while the condo market faces more challenges than just borrowing costs.
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Local legal experts have expressed concern that a new law empowering property owners against unwanted occupants could blowback on protected transient tenants.
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The taxable value of property in Palm Beach County is growing grew by 10% last year — the third straight year of double-digit gains. Here are the latest trends, portending tax rates set by cities and countywide agencies.
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Remote work is lonely but has small positive effects. Workers don't have to return to the office full-time to boost performance, according to a new FIU analysis of dozens of studies. Now, South Florida's real estate must adjust.
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For decades, the seller of a house would pay the commission of the buyer’s agent, which has usually been 5-6%. This month, the National Association of Realtors reached a settlement which could cut that rate in the next few years.
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Thousands work in the commercial real estate industry. Thousands more help construct new buildings. And your savings account may be part of a bank loan to a commercial property. Why are experts optimistic about South Florida's market?
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Federal lawsuits are challenging the way real estate agents are paid commissions. No place has more at stake than Florida.
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Starting on New Year’s Day, shell companies and LLCs that do business in the US will have to fully disclose who is behind them and who actually owns the assets.
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If residents of countries including Cuba, Venezuela and China don’t register certain properties by the Jan. 31 deadline, they could be hit with $1,000 per day in property liens — or potentially have their property seized by the state. The controversial law, SB 264, has been celebrated by Gov. Ron DeSantis.
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In the friend-of-the-court brief, the civil-rights and legal groups likened Florida's new law to efforts dating back more than a century to restrict Asians from owning land.
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Homeowners in Briny Breezes, a small ocean-front mobile home community in Palm Beach County that sits on the Intracoastal Waterway, are said to be looking for a deal closer to $1 billion.