Real estate investors bought record-breaking number of homes in Q3

Investors purchased a record 18.2 percent of U.S. homes, amounting to a new high of $63.6 billion in homes during the third quarter of 2021, according to a new Redfin analysis released Monday. Continue reading

America’s priciest enclaves: The big risers and fallers in 2021

The most exclusive communities in the U.S. got even tougher to buy into in 2021, as home prices soared in the nation’s priciest ZIP codes, according to real estate data firm PropertyShark. Continue reading

Compass scores high-performing Miami team from BHHS

The Nancy Batchelor Team at Berkshire Hathaway HomeServices is one of the top-performing medium-sized teams in Florida. It includes Batchelor herself and nine other agents. Continue reading

A Florida landlord is requiring vaccines for tenants. Is that legal?

The landlord operates approximately 1,200 rental units but will require vaccines for anyone wanting to move in or renew a lease. Continue reading

Miami neck-and-neck with pricy Calif. metros as home prices surge

Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn’t been able to keep up, according to new data from OJO Labs. Continue reading

Florida cities see heightened interest from buyers on the move

Three Florida cities found themselves among the top migration destinations for Redfin website users in July. Continue reading

Zillow sharpens Rent Zestimate for homeowners

The refreshed Rent Zestimate has a 5 percent greater accuracy rate than its previous rendition, according to Zillow. Continue reading

Surfside condo architect had been suspended for faulty designs in past

William Friedman, the architect who designed the Surfside condo building that partially collapsed in late June, had been suspended by Florida’s board of architecture in 1967 for designing buildings that could not withstand 1965’s Hurricane Betsy. Continue reading

Investor home purchases exceed pre-pandemic levels, hit record high

Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to Redfin. Continue reading