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A five-bedroom mega mansion in the sky can be had for just $35 million.
Mortgage rates are more than double from a year ago.
Tourists in town for Art Week are also snatching up real estate.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
CBS4's Gabrielle Arzola reports on how housing trends are leading toward a buyers' market in South Florida.
With high-interest rates, and overpriced homes, housing trends are leading toward a buyers' market in South Florida.
The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Welcome aboard "Hospitality", a stylish and spacious American-made 164-foot yacht ready for the show at the Fort Lauderdale International Boat Show.
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
Realtors say the pandemic created a unique situation for the market
Baltimore family sues appraiser and mortgage lender after their home was allegedly undervalued because they are Black.
Ballots haven't even been printed yet, but already a group of landlords, apartment managers and real estate agents want to stop voters from deciding on a measure that would implement rent control for a year in the theme park hub that has been one of the fastest-growing metro areas in the U.S
"We are set up to expand when the market experiences challenging time," said said Michael Peltier with Citizens.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
If it costs more than $700,000 to replace your Broward home or $1 million for Miami-Dade, you can't get coverage.
Pointing to "almost incomprehensible growth," the president and CEO of Citizens Property Insurance Corp. said Wednesday the state-backed insurer could have 1.2 million customers by the end of the year.
Tampa and Miami topped other metro areas across the country in a new analysis of housing price increases.
Price of a previously occupied house hits new heights even as would-be buyers struggle with high prices and mortgage rates.
The latest figures showed that home prices surged over 20% since March of last year.
After nearly three years of Phoenix leading the nation in the most-rapid growth in housing prices, it has been topped by the Tampa area, an analysis released Tuesday showed.
The inventory of available houses has shrunk and that has made it difficult for buyers in South Florida.
With real estate inventory shrinking, prices have skyrocketed across South Florida
Known for its dramatic curving exoskeleton, 1000 Museum, located on 1000 Biscayne Boulevard in Downtown Miami, was designed by the late architect Zaha Hadid.
A judge declared a mistrial in the murder trial of former University of Miami football player Rashaun Jones on Monday.
Colorado quarterback and South Florida native Dominiq Ponder has died in a single-car crash, according to police in Colorado.
A new law is meant to get rid of boats that have been sitting in the same spot of the water for a long period of time, and it appears to be working.
Stock markets in the U.S. dropped amid concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
It's going to be a warm week in South Florida, and there's a chance that parts of the area could see some spotty showers.
A judge declared a mistrial in the murder trial of former University of Miami football player Rashaun Jones on Monday.
Colorado quarterback and South Florida native Dominiq Ponder has died in a single-car crash, according to police in Colorado.
A new law is meant to get rid of boats that have been sitting in the same spot of the water for a long period of time, and it appears to be working.
Stock markets in the U.S. dropped amid concerns that the U.S.-Israel attacks on Iran could drive up energy costs.
It's going to be a warm week in South Florida, and there's a chance that parts of the area could see some spotty showers.
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 Pentagon announced Monday that a fourth American service member has been killed in Operation Epic Fury.
The first U.S. casualties of the war with Iran occurred among American personnel based in Kuwait.
The Supreme Court is set to convene Monday to hear a Second Amendment dispute over a federal law that bars unlawful drug users from having firearms.
President Trump posted on social media that Iranian Supreme Leader Ayatollah Ali Khamenei had been killed after a massive U.S. and Israeli military operation Saturday.
Americans weighed in on how long a conflict with Iran might last and what Congress should do.
The measure was pushed by the Freedom Foundation, a right-wing think tank funded by billionaires, whose intention is to eliminate public sector unions.
Frank Mora noted that the Trump Administration does not want the total collapse of the Cuban government because it could prompt an exodus of refugees from the island to the United States.
Any change to the property tax system would have to be approved by voters in November, and it seemed unlikely the House plan was going to be approved by the Senate.
Alyssa Alhadeff and Alex Schachter were murdered eight years ago at Marjory Stoneman Douglas High School. Now, their parents are championing legislation to ensure that the tragedy never happens again.
As the partial government shutdown gets underway, Moskowitz argued that ICE should be reformed.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
In a new study that could have significant implications for future Alzheimer's treatment, researchers at the University of Miami have successfully figured out how to combat one of the early signs of the neurodegenerative disease.
One patient reports getting stuck with a $2,418 "facility fee" after seeing her doctor. "I didn't even know such a thing existed," she said.
Jimmy Carter made eradicating the Guinea worm a top mission of The Carter Center. Now it could soon become the second disease eradicated in history.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Hillary Knight, Megan Keller and Jack and Quinn Hughes made a surprise appearance during "Heated Rivalry" star Connor Storrie's opening monologue on "SNL."
Singer-songwriter Neil Sedaka, known for his hits like "Laughter in the Rain," "Breaking Up is Hard to Do" and "Calendar Girl," has died.
Bobby J. Brown's breakout role was as a police officer on HBO's "The Wire." He appeared in 12 episodes across four seasons.
Streaming giant Netflix declined to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.