News / Features

This is the magic mortgage rate number to reignite the housing market

Lower mortgage rates are the one thing that could draw buyers back into the housing market, according to a new survey from Realtor.com. The magic number? Around 5%.

Artist’s passion project listed for $1.26 million

This one-of-a-kind home was started in 1980 by contemporary artist Malcolm McCleod Brown.

NAR: Existing-home sales rise 3.1% in January 

The median existing-home price for all housing types was $379,100, up 5.1% from $360,800 a year before.       

Greater Boston Association of REALTORS® partners with AgentEDU

AgentEDU, which provides online real estate training courses, has partnered with The Greater Boston Association of Realtors (GBAR) to empower thousands of Boston-area agents with additional educational resources.

Sales begin at Shorecrest condo tower in West Palm Beach 

Related Southeast has launched sales at its 140-unit Shorecrest condominium project in West Palm Beach.

Examining homeownership rates across racial groups

A recent NAR report details the persistent gaps in homeownership rates among racial groups, particularly for Black buyers.

John R. Wood Christie’s International named 2023 Affiliate of the Year

The Naples-based firm experienced noteworthy growth during its first full year as a Christie’s International affiliate.

Jared Ringel joins ONE Sotheby’s  

The former COMPASS agent is joining with Erin Omiatek to create The Modern Group at ONE Sotheby’s Boca Raton office. 

Work set to begin on 32-story Worldcenter condo tower  

600 Miami Worldcenter will offer 606 furnished units with no short-term-rental restrictions, all of which have already sold. 

Sales begin at Glass House Boca Raton 

The 10-story glass tower will offer 28 luxury residences priced from $2.5 million to $6.9 million. 

Calta Group completes lot assemblage for second Revv project 

The mixed-use community, Revv at the River District, is the sister project to Revv Hollywood, which is also under development. 

ABH Developer Group pays $7.5 million for shovel-ready condo project in Bay Harbor Islands  

The project, Aire Residences, has already sold seven of eight luxury units. 

NAR: Home prices rise across the country in the fourth quarter of 2023

Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

Gordon Pointe compound in Naples listed for $295 million, a new record 

If it sells for close to the asking price, the sprawling family compound would be the most expensive residential sale in U.S. history.

Inter Miami owner sells Pinecrest estate for $13.9 million 

The property was bought by the village of Pinecrest, which plans to convert it into a community facility. 

HomeServices asks the Supreme Court to review Sitzer-Burnett ruling

Months after being found liable in the now-famous Sitzer-Burnett trial, the Berkshire Hathaway affiliate is asking the U.S. Supreme Court to review a ruling related to the case.

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