Cash is still king as Florida agents navigate ‘wonkiest market’ in years

As the summer housing market in Florida heats up, homebuyers and sellers are discovering a tale of two markets that offers opportunities for luxury buyers — and next to nothing for everyone else. Continue reading

Fredrik Eklund swaps coasts in move from Los Angeles to Miami

With the move, Eklund also announced that he and husband Derek Kaplan will be renting out their 5,700-square-foot Beverly Hills home for $50,000 per month. He cited increased business and his children’s education as key reasons for their relocation. Continue reading

Broker Spotlight: Filippo Incorvaia, FI Real Estate

Find out how this luxury broker invested in his belief in his Miami market’s potential by starting up his own brokerage. Continue reading

Home prices ticked up in April as market faced a mixed bag

One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading

Apartment mogul Patrick Carroll hit with defamation suit

Patrick Carroll was sued by restaurant manager Miguel Angel Weill, who accused Carroll of spitting on him during a videotaped dispute in April. Carroll has not been served with the lawsuit, according to his attorney Duncan Levin. Continue reading

Massive metro-to-metro home price gaps reach 13-year highs

Agents often say “real estate is local” when speaking to clients, potential leads, and family and friends in need of some sound buying and selling advice. While that phrase has become somewhat cliché, Redfin’s latest data report published on Tuesday pr… Continue reading

Miami Luxury agent Daniela Rendon pleads guilty to PPP fraud

To launder the funds, the U.S. Attorney’s Office says Rendon enrolled with a payroll processor to issue fraudulent checks to herself, friends and family. The agent faces up to 20 years in prison if convicted, though the government is reportedly recomme… Continue reading

Former Douglas Elliman agent launches Miami luxury brokerage

Filippo Incorvaia served with Douglas Elliman for eight years before launching his new brokerage, FI Real Estate, with the aim of making transactions seamless for clients, he exclusively told Inman. Continue reading

Coldwell Banker COO: ‘Traditional hard work’ is making a comeback

Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers as the pandemic winds down. Continue reading

Luxury home purchases hit record low as buyers eye other investments

Luxury home sales fell 44.6 percent year over year, according to data released Friday by Redfin. Prices are nevertheless still high because inventory is so low, economists say. Continue reading