Luxury is an experience not a price point
$15M Four Seasons Brickell PH tops Miami-Dade weekly condo sales
A $14.8 million Brickell penthouse topped condo closings in Miami-Dade County last week. Brokers closed 86 condo sales totaling $88.1 million from May 17 to May 25. The previous week, brokers closed 127 condo sales totaling $123.7 million. Last week’s units sold for an average of $1,023,844, highe
Read MoreA couple who worked in the Maldives and Bali share how living in paradise differs from visiting it
Marc LeBlanc and Laura Robinson have worked in places that most people dream of visiting. But living in a location is different from visiting it, they said.
Read MoreChina unseats Colombia as top foreign country searching for Miami homes
China became the top country searching for South Florida homes last month, pushing Colombia to the No. 2 slot. Potential buyers from China registered the most searches on Miami Association of Realtors’ public listings portal in April, according to the Miami Realtors. Colombia has held one of the to
Read More13th Floor, Barings nab $125M construction loan for Miami apartment project
13th Floor Investments and Barings secured $125 million in financing for a Miami multifamily project that’s under construction. A syndicate of Santander Bank and TD Bank provided the loan for Cadence, a planned 35-story tower with 432 mixed-income apartments at 3100 Douglas Road. It’s part of Link a
Read MoreMovers & Shakers: Cushman retail veterans jump to Newmark
In the latest roundup of South Florida real estate hiring news, Newmark bulked up its retail leasing leadership. In Miami, two retail leasing veterans jumped from Cushman & Wakefield to Newmark, according to a press release. Greg Masin and Frank Begrowicz joined Newmark as executive managing direct
Read MoreSouthwest Airlines will start charging $35 for a checked bag tomorrow
Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.
Read MoreFHFA Director Pulte calls on Powell to lower interest rates
On Monday, FHFA Director Bill Pulte called on Federal Reserve Chairman Jerome Powell to lower interest rates. His exact tweet was: “Jay Powell needs to lower interest rates – enough is enough. President Trump has crushed Biden’s inflation, and there is no reason not to lower rates. The housing marke
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Southwest on May 28 will start selling basic economy tickets and charging for checked bags for the first time in its history.
Read More Building an empire starts with your POS
Millennial homebuyers (born between 1981 and 1996) are reshaping the real estate landscape with their strong preference for digital tools and technology-driven experiences. As the largest cohort of homebuyers in the U.S., their tech-first approach influences how properties are marketed, searched and
Read MoreHere's how many fake reviews Tripadvisor found on its website in 2024
Around 8% of the 31.1 million reviews submitted to Tripadvisor in 2024 were fake. That's twice the number detected in 2022, according to a company report.
Read MoreMortgage rates survive budget bond scare, but end the week higher
Last week, we witnessed a pivotal moment for mortgage rates and the bond market, which some pundits have said has grown increasingly aware of our rising national debt and deficits. A bond auction last week was perceived as having soft demand, prompting media outlets and market speakers to suggest th
Read MoreThe Weekly Dirt: Why Miami condo developers are again courting crypto buyers
Miami developers are dipping their toes back into the crypto buyer pool, nearly three years after the collapse of the cryptocurrency exchange FTX. Bitcoin buyers never disappeared, but developers have certainly shied away from them. PMG, which previously allowed buyers to convert their digital cur
Read MoreBessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday.The timing of the president’s announcement took many b
Read MoreUnited Airlines reaches 'industry-leading' labor deal with flight attendants, union says
United has reached a tentative agreement with flight attendants for a new contract.
Read MoreGoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring
An existing reverse mortgage-backed securities issuer and wholesale lender is making a new play for the retail space, according to a new announcement.GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new r
Read MoreThis Georgia homeowner went to war with her HOA—and won
A Rockdale County, Ga., judge has approved a $40,000 settlement between the Channing Cove Homeowners Association (HOA) and Michelle Bernard — a longtime homeowner who sued the HOA over a disputed lien on her property.Bernard’s legal battle began after the HOA placed a lien on her home for a little u
Read MoreHUD publishes new reverse mortgage counseling guidance
Counseling is an essential part of the Home Equity Conversion Mortgage (HECM) origination process, and the U.S. Department of Housing and Urban Development (HUD) has recently refreshed some of its guidance documents for HECM counselors to offer essential information.HUD this month published a “toolk
Read MoreCentury 21 expands Colorado footprint
A long-standing central Colorado real estate firm has joined the Century 21 network, bringing more than five decades of local knowledge. First Colorado Land Office, Inc. — established in 1973 and now led by fifth-generation Salida, Colo., native Jeffrey Post — is now doing business as Century 21 Com
Read MoreHoward Hanna disavows NAR’s Clear Cooperation Policy
Howard Hanna Real Estate Services and its parent company Hanna Holdings have made their feelings about the National Association of Realtors’ (NAR) Clear Cooperation Policy (CCP) clear. In a letter sent to NAR and over 70 MLSs on Wednesday evening, company CEO Hoby Hanna called CCP “misguided” and a
Read MoreBoeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
Boeing and DOJ reached an agreement that will allow the aircraft maker to avoid prosecution for fraud over the deadly 737 Max charges.
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