Luxury real estate booms in Miami as wealthy buyers flee stock market volatility
As economic uncertainty rattles investors, Miami-Dade luxury home sales surged 40% while lower-tier listings saw sharp price drops.
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As economic uncertainty rattles investors, Miami-Dade luxury home sales surged 40% while lower-tier listings saw sharp price drops.
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
While it may be a tough time to sell, experts say it's not necessarily a bad time to buy, if you're informed.
If the bill passes, thousands of condo owners could be left scrambling for insurance in an already tight market.
CBS News Miami's Joan Murray explains how Florida State Rep. Berny Jacques is proposing a state law that would allow cities and counties to to put more controls on corporate ownership of properties.
The South Florida housing market is in the midst of a long-term upswing in price and demand.
State Sen. Rosalind Osgood is proposing changes to the law, including allowing payments to be made in installments.
The practice is known as "redlining" in the mortgage industry.
Realtor Kristina Krykhtin says this is shaping up to be a good year to buy because there is an increase in inventory on the market. She adds that sellers putting their property on the market and they are sitting longer.
Rising repair costs spurred by new Florida condominium laws are driving some South Florida homeowners to sell.
The safety law was passed in 2022 after Surfside collapse.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
CBS News Miami's Steve Maugeri explains the latest findings in RentCafe's year-end report, which found Miami to have the hottest rental market.
Tech startup Oyssey is launching a service about information block-by-block in South Florida and New York City.
The Alexander brothers, charged with drugging and raping women, have been denied bond.
Real estate brokers Oren and Tal Alexander and their brother Alon are facing sex trafficking charges in New York.
Two luxury real estate brokers and their brother have been charged in a federal indictment with sex trafficking.
As South Florida home prices and costs of living soar, many families are choosing to rent instead of buying.
As South Florida home prices and costs of living soar, many families are choosing to rent instead of buying.
The City of Miami is offering a first-time homebuyer program, which is a zero-interest loan for those who meet the income requirements. Adline Dorima is among those utilizing several assistance programs, including in Miami-Dade County.
In Tuesday's vice presidential debate, Sen. JD Vance claimed that housing in the U.S. "is totally unaffordable" due to immigrants. Here's what to know.
Engineer found problems with the foundation at Springbrook Gardens.
Florida's Citizens Property Insurance Corp. could have fewer than 900,000 policies at the end of the year.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Deputies said that the stab wound, which punctured the woman's lung, did not appear to be life-threatening.
No injuries were reported in the incident, officials say
The shark attack took place in Panama City in the Florida Panhandle.
Residents packed a bistro off Biscayne Boulevard for a community meeting organized in part by a woman who was attacked outside her condo.
Driving through Miami's neighborhoods, towering trees provide shade, habitat for wildlife, and relief from South Florida's heat.
George Pino is facing manslaughter and vessel homicide charges after the boat crash near Boca Chita Key in Biscayne Bay in 2022.
Deputies said that the stab wound, which punctured the woman's lung, did not appear to be life-threatening.
No injuries were reported in the incident, officials say
The shark attack took place in Panama City in the Florida Panhandle.
The NEXT Weather team shares expert advice on how to prepare for a potential storm.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
The lawsuit calls the event "deeply corrupt" and argues that it seeks to enrich the president and his allies and lacks proper authorization.
The top Democrat on the House Intelligence Committee said the timing of the appointment takes FISA Section 702 reauthorization "off the table."
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran's regime, a source familiar with Treasury Secretary Scott Bessent's thinking told CBS News.
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Moskowitz provided CBS News Miami with copies of virulent, antisemitic voicemails his office has received.
Critics argue his plan will decimate cities, counties, and local school districts.
Enrique Tarrio said since President Trump announced the formation of the fund, he has been inundated with calls from others convicted for January 6 related activities.
Commissioners voted to allow the review, saying if that was the only way to move the project - designed to help people with mental illnesses caught in the criminal justice system - then so be it.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.