Sponsored News. Read the breaking Real Estate coverage and top headlines on Forbes.com It is mandatory to procure user consent prior to running these cookies on your website. U.S. The mystery behind the $49 million purchase of Dennis Miller’s Montecito estate in September has been solved. What are the Miami real estate market predictions for 2020? Real estate news and current events changing todays market in Miami and through the condo market. Mortgage Credit Availability in the U.S. Residential News. Vacation News. For full functionality of this site it is necessary to enable JavaScript. Miami Beach’s short-term rental crackdown is facing a new legal challenge just weeks after city leaders dramatically reduced the... Ivanka Trump and Jared Kushner have set their post-White House sights on Miami. Everything you need to know about the Miami, FL, job market, including economy, top industries, salary statistics and more. The Real Deal provides cutting edge news on the real estate market in New York and beyond. Decreased in August. Press Releases. Longtime Related Group executive Carlos Rosso left the real estate development firm to go out on his own. Airbnb... Miami-based Midtown Capital Partners continued its buying spree by acquiring an industrial property in Opa-locka for $11 million. World Property Journal is the leading source of Real Estate News and Property Information covering Commercial, Residential and Vacation Real Estate news for international markets. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. The department store chain completed the sale of its retail operations to Simon Property Group and Brookfield Asset Management on... A former animal healthcare executive paid $10.1 million for a Fort Lauderdale waterfront mansion, the latest in a series... SoftBank feasts on flurry of IPOs WeWork’s botched IPO left SoftBank with egg on its face — and red... Goldman Sachs Group is considering moving its asset management division to South Florida, potentially joining other financial giants who have left New York for the Miami area. Local Real Estate news, houses for rent, homes for sale, land for sale, yard sale and apartments information of Miami, FL. In my experience, trends in Miami real estate also tend to lead national trends by a few quarters. Written by John Charles Robbins on December 1, 2020. Press Releases. U.S. News’ Find an Agent tool identifies your individual needs, maps your needs to an advanced real estate database, and then connects you with the most qualified real estate agents for you in West Miami. Lmckey9 Over the course of many years, and in various parts of the US, we have been involved in at least 7 personal, residential real estate transactions, all broker assisted. These cookies do not store any personal information. The investment bank has looked at spaces... Airbnb is going even bigger for its IPO. The latest commercial real estate news and events concerning South Florida ... Miami Beach Wants You — With Some Caveats South Florida Office Florida Office November 25, 2020 See pricing and listing details of Miami real estate for sale. Rosso, who was most recently executive vice president of the Miami-based firm, confirmed to The Real... A Parkland couple bought a Tamarac shopping center for $6.5 million. Last week, Ollie was scooped up by rival firm Starcity, after the... Rent-to-own startup Divvy Homes is expanding to Miami and Fort Lauderdale. Zillow has 5,517 homes for sale in Miami FL. News, deals and trends for the Miami-area real estate industry. Residential News. The typical single-family home that sold in the U.S. this year was purchased for an average of 17.3% more ($58,000) than the typical condo. World News. The Real Deal provides cutting edge news on the real estate market in Miami and beyond We are having some technical difficulties. Real estate news with posts on buying homes, celebrity real estate, unique houses, selling homes, and real estate advice from realtor.com. To be called The District, the project will include 343 residential units, 2,297 square feet of commercial-retail…, Written by Miami Today on October 27th, 2020, Fueled by shrinking supply and rising demand, Miami-Dade single-family home sales are close to a buying frenzy, with median sale prices increasing for 106 consecutive months and rising 15.2% in…, Written by John Charles Robbins on October 21st, 2020, A mixed-use residential development is being proposed for the area where Edgewater meets Midtown in the City of Miami, and not far from Wynwood. The couple is spending $30 million...  Condo sales and closed dollar volume rebounded in Miami-Dade County after dropping during Thanksgiving week. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Climate change and the coming coastal real estate crash It could rival the bursting dot-com and real estate bubbles of 2000 and 2008. Written by John Charles Robbins on December 1, 2020, Work forges ahead on the expansive I-395/SR 836/I-95 Design-Build Project in Miami, a project of the Florida Department of Transportation (FDOT) in partnership with the Miami-Dade Expressway Authority and its contractor, the Archer Western-de Moya Group…, Written by John Charles Robbins on November 24th, 2020, Major progress is being made on construction of a residential tower rising in the heart of downtown Miami and the project continues to be ahead of schedule. Vox Miami, a mixed-use transit-oriented development, has topped off, photos released by... Construction Progress At The Plaza, The Biggest Ever Project In … Miami Homes Selling Close to List Price The home-rental company wants to boost the proposed share price, which would give it a valuation of as much as $42 billion, according to Bloomberg. Round-up of top news and topics for each of the following cities: Editorially-curated headlines and news to know for the following areas: The numbers behind office leases, retail, sales and financing. Ivanka and Jared buying $30M Miami waterfront lot from Julio Iglesias, Condo sales rebound in Miami-Dade after Thanksgiving, HFZ loses stake in national warehouse portfolio, Carlos Rosso parts ways with Related Group, Investors pay $7M for Tamarac shopping center, Short-term rental investor sues Miami Beach, seeks class action, Buyer revealed: Ellen DeGeneres paid $49M for Dennis Miller’s Montecito estate, Springsteen drummer Max Weinberg sells Delray Beach home for $5M, Melvin Capital founder revealed as buyer of $44M Miami Beach property: sources, Here’s what 2021 has in store for the RMBS market: Kroll, $10M Fort Lauderdale mansion sale boosts luxury market, Which SoftBank startups are going public, the FTC’s CoStar crackdown, Goldman Sachs plans move to South Florida, Airbnb now targeting $42B valuation for IPO, Midtown Capital buys Opa-locka industrial property, WATCH: “When everyone’s hitting their pro formas, there’s no incentive to try anything else”: Common’s Brad Hargreaves on the future of multifamily, Rent-to-own startup Divvy Homes expands to South Florida. Forbes is a leading source for reliable news and updated analysis on Real Estate. Miami, FL, Job Market | U.S. News Best Places Real Estate » Miami Real Estate Market Predictions & Forecast 2020 – 2021. The co-living space is going through an era of consolidation and investment. This category only includes cookies that ensures basic functionalities and security features of the website. Please Allow Javascript and reload this page. We also use third-party cookies that help us analyze and understand how you use this website. Miami existing condo inventory decreased 6.6%, from 15,142 to 14,148 Miami Homes Selling Close to List Price May 15, 2020 06:30 AM, Miami Real Estate News - 12155 S Dixie Hwy, Miami, Florida 33156 - Rated 0 based on 2 Reviews "Phenomenal realtor! Sarkis Izmirlian bought the convenience store at … COVID Forcing Condos to Sell at Record 17 Percent Discount to Homes in U.S. Real Estate News Miami’s residential real estate sales slowed in April — but now they’re picking up By Rebecca San Juan. By Patrick Sisson October 16, 2018 Miami real estate had 18,187 active listings in 3Q 2020, a 15.7% decrease from the 21,586 listings at the same time last year. This website uses cookies to improve your experience while you navigate through the website. We also provide tools to help businesses grow, network and hire. Let us look at the price trends recorded by Zillow (a real estate database company) over the past few years. Latest realestate News: Apartments for rent in Miami… Developer Aims to Raise $1 Billion for Investing in Minority Communities The Wall Street Journal. Necessary cookies are absolutely essential for the website to function properly. Miami Real Estate News. By clicking Subscribe you agree to our Privacy Policy. 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Called 27 Edgewater, the planned 18-story…, Written by Marilyn Bowden on October 14th, 2020, Delays in the completion of freeway interchanges that will provide access to American Dream Miami, a mammoth entertainment and retail complex to rise in Northwest Miami-Dade, could push back the…, Written by John Charles Robbins on October 6th, 2020, The plan to construct a hotel in Jungle Island park on Watson Island moved forward last week after it met criticism from some members of Miami’s Urban Development Review Board.…, Written by Jesse Scheckner on September 30th, 2020, As construction for “Gold Standard” bus rapid transit on the South Dade Transitway gears up, Miami-Dade aims to clinch the use of 850 parking spaces on the line’s penultimate stop.…, Written by John Charles Robbins on September 23rd, 2020, Miami’s historic preservation board has approved of a new house in the Spring Garden Historic District, praising the owner for designing the home in a way that will save every…, E-Paper | Terms and Conditions | Site Map | Privacy Policy |, Passengers winging back at Miami International Airport, Bicycle sales were in high gear in pandemic – then supplies dried up, Drive heads toward broader use of tax-funded transit-on-demand, Signature bridge rising as contractor pumps out water, Auto sales wheeling ahead, at times surpassing 2019, Pandemic fund assistance applicants wait for United Way response, Public-private deal’s 31-story downtown Miami residences near, Wynwood team recommends an adaptive re-use building, Downtown Miami developer seeks 37-story tower with all off-site parking, Miami-Dade single-family home sales near buying frenzy, Edgewater-Midtown tower residences win Miami’s backing, Highways nightmare stalls massive American Dream Mall, Jungle Island hotel squeezes past a city board, Spring Garden house plan praised for saving 83 trees, Brightline pact has a Wynwood station on track, Commuter Miami Beach ferry service set to cross the bay, Miami Marine Stadium, if restored, couldn’t welcome public, Ocean Drive overhaul won’t come quickly, mayor says, United Way reopens applications for pandemic funds, New St. Thomas University pandemic center to fund businesses, Quarter-billion dollar cruise industry bailout floated. Latest in Real Estate Signature bridge rising as contractor pumps out water. Skip to main content Skip to main navigation menu Accessibility Menu 305-968-8397 | Email Us Vacation News. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. A billionaire investor bought a food market in Overtown, expanding his real estate portfolio in Miami. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. The inventory for single-family homes decreased 12%, from 7,064 to 6,216. Miami An international luxury destination, Miami is one of hottest real estate markets for buyers looking for prime beachfront condos or waterfront mansions Latest Real Estate News World News. Miami existing condo inventory decreased 9.5%, from 16,401 to 14,836. The Real Deal provides cutting edge news on the real estate market in Miami and beyond The company, which buys homes and then leases... All rights reserved © 2020 The Real Deal is a registered Trademark of Korangy Publishing Inc. These cookies will be stored in your browser only with your consent. But opting out of some of these cookies may have an effect on your browsing experience. After a halt in April, Miami’s real estate market has roared back to life, buoyed by low interest rates, high buyer demand and pandemic cabin fever. The one-story building is at…, Written by John Charles Robbins on November 11th, 2020, A 37-story mixed-use residential tower is planned for the heart of downtown Miami. The inventory for single-family homes decreased 37.3%, from 6,444 to 4,039. Commercial News. Last Updated November 13, 2020 9:02 AM ET. RE|source Miami exclusive: Bill Kerdyk Jr., the former vice mayor emeritus of Coral Gables and president of the family-owned Kerdyk Real Estate, is banking on commercial real estate in Miami. Real Estate News South Florida’s median home price has hit an all-time high: $425,000 for a house ... source Miami newsletter. Get The Wall Street Journal's latest news on real estate, homebuying, houses for sale, luxury homes, mortgage loans and interest rates. Miami has a highly cyclical property market where the magnitudes of the booms and busts dwarf anywhere else in the country. Follow headlines on office and retail mortgage rates, the rental and condo market, sales and gentrification. If real estate is involved, this is a no brainer; use Audrey Ross. . Weinberg... Gabe Plotkin, who founded his multibillion-dollar investment management firm Melvin Capital Management, is the buyer of two adjacent properties... With nearly $20 billion in loans issued, the first quarter of 2020 was the residential mortgage-backed securities market’s strongest... J.C. Penney has been rescued from bankruptcy, but challenges remain for the beleaguered retailer. You also have the option to opt-out of these cookies. Miami Property News. Therefore, smart guys always watch Miami. Sponsored News. Commercial News. Find Florida real estate news and listings, featuring homes and condos for sale in Broward, Palm Beach, Fort Lauderdale, Boca Raton, Miami and more. The South Florida Business Journal features local business news about Miami/Fort Lauderdale. And the... Max Weinberg, the drummer for Bruce Springsteen’s E Street Band, sold a Delray Beach home for $5.15 million. Get Miami FL and national real estate headlines on housing and development industry news. Since 2012, the median home price in Miami has appreciated by a whopping 81.7% from $204,000 to $370,738. Miami real estate had 21,052 active listings in 1Q 2020, a 10.3% decrease from the 23,465 listings at the same time last year. Try again later. View 10235 homes for sale in Miami, FL at a median listing price of $390,000. Grand Station, a…, Written by John Charles Robbins on November 17th, 2020, The Wynwood Design Review Committee is recommending approval of an adaptive re-use project designed to revive a high-profile corner in the booming Wynwood Arts District. Work forges ahead on the expansive I-395/SR 836/I-95 Design-Build Project in Miami, a project of the Florida Department of Transportation (FDOT) in partnership with the Miami-Dade Expressway Authority and its contractor, the Archer Western-de Moya Group… Miami Real Estate News. Home prices fell in only two of the nation's 50 largest metros: Miami, where they dipped 1.5% compared with last year, and Orlando, FL, where they ticked down 0.9%. 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