Tag Archives: Miami

United Real Estate expands reach with new Jacksonville acquisition

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The deal brings 400 new agents into the network and will see the Jacksonville, Florida, brokerage operate under the new name United Real Estate Gallery and retain all current leadership. Continue reading →

Luxury home sales plunge to 10-year low, surpassing COVID levels

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Luxury home sales in the U.S. dove by 28.1 percent year over year during the three months ending Aug. 31, 2022 — eclipsing the 23.2 percent drop in luxury sales at the height of the pandemic — Redfin data shows. Continue reading →

Ken Griffin revealed as buyer of record $107M Miami sale

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One week after the record sale of businesswoman and philanthropist Adrienne Arsht’s 4-acre waterfront Coconut Grove estate, hedge funder Ken Griffin has emerged as the buyer. Continue reading →

2-home, 4-acre Miami waterfront estate sells for a record $106.875M

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The price marks a new record for homes sold in Miami-Dade County and the first time a home in Miami has exceeded nine figures, according to listing agent Ashley Cusack. Continue reading →

In tug-of-war between New York and Florida, the boss may have final say

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Homeowners who fled Manhattan to Florida during the pandemic are responding to pressure from employers to return to offices in New York. Faced with sun and sand, some aren’t ready. Continue reading →

Broker Spotlight: Philip Gutman, President of PGutman

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This week the spotlight shines on Miami real estate broker Philip Gutman, President of PGutman and Managing Director at The Continuum Company’s La Baia Bay Harbor. Continue reading →

Great Reshuffling revived as record number of buyers chase new metros

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A record-high 33.7 percent of homebuyers sought to move from one metropolitan area to another in July, up from 32.6 percent in the second quarter of 2022, according to a report from Redfin released on Thursday. Continue reading →

Interest rate hikes keep Miami the least affordable city in the nation

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Buyers would have to spend 86 percent of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop. Continue reading →