The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

22 renters vie for each unit in America’s toughest rental market

Miami saw an average of 22 renters compete for every available apartment in 2023, compared to a national average of just nine, according to a new report released earlier this week from RentCafe. Continue reading

Miami luxury agent sentenced to 3.5 years in prison for PPP fraud

Daniela Rendon was sentenced on Thursday after having misused hundreds of thousands of dollars in pandemic relief funds for her own personal luxury purchases, claiming that at the time “everybody” was doing it, according to reports. Continue reading

Josh Flagg buys $4.25M Miami home with business partners

The “Million Dollar Listing” star Josh Flagg bought the Mediterranean-style villa, which originally asked $4.45 million, with business partners Adam Rubin and Andrew Shanfeld, according to a report. Last year, he bought a $9.2 million property in Bever… Continue reading

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