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Chinese Buyers Top Global Web Searches for South Florida Real Estate

Chinese Buyers Top Global Web Searches for South Florida Real Estate

by Phil Hall | May 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Chinese property buyers are paying an increased level of interest in South Florida real estate, according to a new report by the Miami Association of Realtors. During April, the greatest number of global web searches in this Sunshine State market (13.3%) originated...
Home Sales and Prices Down in Florida

Home Sales and Prices Down in Florida

by Phil Hall | May 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Closed sales of existing single-family homes in Florida totaled 23,572 in April, down 4.5% year-over-year, while existing condo-townhouse sales totaled 8,710, down 14.8% over the same period. According to data from Florida Realtors, new listings for existing...
April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC

April’s Top 10 Expensive Home Sales Centered in Florida, Beverly Hills and NYC

by Phil Hall | May 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The nation’s 10 most expensive home sales in April were anchored in exactly three markets, according to new data from Redfin (NASDAQ: RDFN). Last month, six of the 10 most expensive home sales were in coastal Florida, while two were in Beverly Hills, California, and...
Florida Real Estate Broker Sentenced in Bank Fraud Case

Florida Real Estate Broker Sentenced in Bank Fraud Case

by Phil Hall | May 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Maria Del Carmen Montes, a real estate broker in Kissimmee, Florida, was sentenced to 33 months in federal prison for bank fraud. According to court documents, Montes, working with her husband Carlos Ferrer and others, created and executed a mortgage fraud scheme...
Home Sales and Prices Down in Florida

Florida Home Sales Down Despite Wider Listings and Inventory

by Phil Hall | Apr 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,128 closed sales of existing single-family homes during March, down 1.3% year-over-year, while existing condo-townhouse sales totaled 8,414, down 9.8% from one year earlier. According to data from Florida Realtors, the statewide median sales price...
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