Miami

eXp Realty launches AI assistant ‘Mira,’ AI training program

eXp Realty has announced the launch of two major artificial intelligence (AI) initiatives; Mira, a new AI-powered business assistant — and the eXp University AI Accelerator Series, an eight-week program aimed at helping agents learn to integrate AI and automation. Unveiled Tuesday at eXpCon Miami, Mira allows agents to instantly access real-time business data, navigate […]

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Compass adds the Andrade Group in South Florida

Compass announced Wednesday that the Andrade Group has joined the company — bolstering its luxury real estate footprint in South Florida. Led by broker-owner Jorge Andrade and Realtor Henny Barreto, the Andrade Group will operate from Compass’s Coconut Grove and Winter Park offices. The team has served the region for more than two decades, specializing

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New condo regulation weighed by Florida real estate leaders

Florida’s real estate landscape is shifting after lawmakers passed House Bill 913, a sweeping measure designed to strengthen structural safety, transparency and financial accountability in condominium and cooperative associations — particularly those with three or more habitable stories. The law — enacted in response to the 2021 Surfside condominium collapse that killed 98 people —

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Miami has the world’s biggest housing bubble. Local experts reject that label

Miami has been ranked as the world’s most overvalued housing market, according to the 2025 UBS Global Real Estate Bubble Index. But Florida real estate leaders say the city’s fundamentals remain strong and the report misrepresents what’s really happening on the ground. The UBS index, which measures housing imbalances in 25 major cities, placed Miami

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All-cash home sales hold strong as high mortgage rates persist

With mortgage rates lingering above 6%, buyers with ready cash continue to dominate both the lowest and highest ends of the housing market. Roughly one-third of all home sales in the first half of 2025 were completed entirely with cash, according to a new report from Realtor.com. That figure represents only a 0.6% decline from

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Jaclyn Bild Smith and Sari Libbin Shapiro launch J&S Group at Douglas Elliman

Real estate agents Jaclyn Bild Smith and Sari Libbin Shapiro have launched the J&S Group at Douglas Elliman. The Miami-based cousins have a combined career sales volume of more than $900 million and will focus on property sales in South Miami, Coral Gables, Coconut Grove, Miami Beach, Edgewater and North Bay Village. “Jaclyn and Sari’s

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Homeowners cashing in with ‘Airbnb for anything’ rentals

Homeowners are turning underused private spaces into sources of income — renting out pools, backyards, and home gyms by the hour. From Los Angeles to Miami, residents are tapping into what some call the “Airbnb for Everything” trend. Pools are booked for small social gatherings, backyards host yoga classes and home gyms are used for

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Sun Belt leads sales volume but posts nation’s lowest absorption rate

The Sun Belt region continues to dominate the U.S. housing market in raw transaction volume, recording 25,857 weekly home sales across its metropolitan areas, nearly six times the Northeast’s 4,452 sales and more than double the West’s 11,061 transactions. However, this sales advantage masks a market efficiency gap. The Sun Belt’s inventory of 353,916 properties

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Miami luxury home prices soar to $1.13 million, nearly triple national average

New construction drives market with $2.29 million average price tag as future builds signal even higher luxury premiums Miami’s real estate market continues to outpace national trends with average home prices reaching $1.13 million, nearly triple the national average of $647,307, according to the latest market data. The city’s luxury segment is driving much of

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Oscar Arellano headshot

Oscar Arellano and team join Coldwell Banker Realty in Miami

Coldwell Banker Realty has added Oscar Arellano, one of Miami-Dade’s top-producing real estate professionals, and the Oscar Arellano Team to its Coral Gables, Fla. office. Arellano joins from Berkshire Hathaway HomeServices EWM Realty — bringing more than 20 years of experience and nearly $1 billion in career home sales. Arellano launched his real estate career

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