Home Prices Increasing At A Rate Not Seen In Decades
According to Zillow, the number of listings dropped 42.4% from January 2020 to January 2022. Because of that, prices are soaring. Home values increased 19.9% from January 2021 to January 2022.
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According to Zillow, the number of listings dropped 42.4% from January 2020 to January 2022. Because of that, prices are soaring. Home values increased 19.9% from January 2021 to January 2022.
It's the ultimate in old world opulence, a four-acre compound in Coconut Grove owned by renowned business leader and philanthropist Adrienne Arsht. It's the highest priced home ever in Miami and proceeds of the sale are going to charity.
For many, the astronomical rent increases are impossible to keep up with. From December 2020 to December 2021, rent prices in Miami rose 49%.
What goes up, keeps going up. Rents continue to rise across the country and in South Florida and it's forcing tenants to make difficult choices.
Miami was one of three US cities to see the highest rise in home prices, 18.8% in 2021, according to the S&P CoreLogic Case-Shiller US National Home Price Index.
If you've forgotten what a "for sale" sign looks like, you're not alone. There are fewer and fewer around Miami
The cost of buying a home rose by double-digit percentages across most of the US in the last quarter of 2021, and a Florida city tops the list of biggest jump in home prices.
If you've been waiting to buy a house, but the prices have just been way too high, you may be in luck. The red-hot housing market might finally be starting to cool, just not in Miami yet.
From July through September, investors bought Tampa Bay homes at a record rate, according to data analyzed by Redfin that begins measuring in 2000.
After taking a break due to the pandemic, CBS4's Living Large with Lisa Petrillo is back as she takes you inside some of South Florida's most spectacular and lavish residences including the Regalia on Sunny Isles Beach.
Miami has become one of the hottest places to own a house, making it hard for some to stay, while others are priced out.
Finding rent in South Florida has been tough for many longtime residents and natives.
Home prices continue to surge in South Florida, and the trend has left many homebuyers in bidding wars or unable to find properties.
South Florida's real estate market is a sellers dream right now.
Though housing prices have soared in many parts of the country, and inventory is way down, real estate sales may still be stronger in 2021.
Once again, the real estate market is hot in South Florida and companies from near and far are finding that taking advantage of tax breaks makes perfect sense to open offices in the area.
South Florida is seeing a crush of new housing buyers. So much so, it has created a seller's market with many sellers getting top dollar. People from all over the Northeast in high-tax areas are making an effort to make South Florida their new home, but it's not easy.
The predictions are in for the hottest housing markets of 2021 and Miami makes the top ten list, according to a new Zillow survey.
While mortgage rates remain at record lows, home prices across South Florida and around the nation are rising in many areas.
The coronavirus impact in the US and Latin America has driven some condo developers to offer discounts as high as 20 percent on existing units.
South Florida homeowners are still selling and buyers are still buying during the coronavirus outbreak – just maybe not with the same vigor in the last few months.
South Florida's real estate market is a hot commodity and it is making people rich, especially millennials. Florida ranks in the top five states for 'millennial millionaires', people between the ages of 24 and 37 with a net worth of more than a million dollars.
We've rounded up the latest places for rent via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to locating apartment rentals in Miami if you've got a budget of up to $3,200/month.
A new real estate email scam has cybercriminals cashing in.
The appeal of moving to Florida has a lot more to do than just the weather nowadays.
Deputies are investigating how a man and woman wound up shot to death in Southwest Miami-Dade on Saturday afternoon.
Zach LaVine scored a season-high 42 points, including eight 3-pointers, as the Sacramento Kings beat the Miami Heat 127-111.
The 2026 FIFA Men's World Cup schedule was released Saturday, which included the slate of matches coming to Hard Rock Stadium.
Two men were shot and are in stable condition after a shooting happened in Northwest Miami-Dade on Friday night, deputies said.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
Deputies are investigating how a man and woman wound up shot to death in Southwest Miami-Dade on Saturday afternoon.
The 2026 Men's World Cup will be held across the United States, Canada and Mexico next summer.
Zach LaVine scored a season-high 42 points, including eight 3-pointers, as the Sacramento Kings beat the Miami Heat 127-111.
Miami Art Week 2025 delivers a full slate of installations, exhibitions and events across Miami, Miami Beach, Wynwood and beyond.
The 2026 FIFA Men's World Cup schedule was released Saturday, which included the slate of matches coming to Hard Rock Stadium.
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 American Automobile Association said this is a dangerous time of year for young drivers.
"We're reviewing the process, and we'll see," Defense Secretary Pete Hegseth said. "Whatever we were to decide to release, we'd have to be very responsible about reviewing that right now."
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Two people who survived an early September U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
Florida's Republican-dominated congressional delegation is urging the Trump administration to drop a plan that would allow new oil drilling off the state's coast.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Jim DeFede investigates the millions of dollars in state funding cuts for meal programs across South Florida.
Jim DeFede interviews Florida Lt. Governor Jay Collins, who is mulling a run for governor in 2026.
Jim DeFede talks with Randi Weingarten about the warning bell she rings in her new book, "Why Fascists Fear Teachers."
Jim DeFede talks with Bryan Calvo, the newly elected mayor of Hialeah.
Jim DeFede interviews Orange County Mayor Jerry Demings, who just announced he's running for governor in 2026.
Experts say the original warnings from more than 20 years ago were based on outdated information and were "overly broad."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Louisiana Surgeon General Ralph Abraham, a critic of government vaccine mandates, has been quietly appointed to one of the CDC's top positions.
Consumers with the imported pans should throw them away due to the severe health risks posed by lead, the agency warns.
ByHeart said it can't rule out that all of its baby formula across all product lots could be contaminated, citing recent test results.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
Just in time for the holiday season, Nintendo has released Nintendo Switch bundles and special editions.
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Discover the best tech gifts during the 2024 holiday season that your friends and loved ones will absolutely adore.
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.
Discount store chain Target says it's joining rival Walmart and a number of other prominent American brands in scaling back corporate diversity, equity and inclusion initiatives.
President Trump presented medals to the 2025 Kennedy Center honorees during an Oval Office ceremony.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Eleven exclusive 2026 Golden Globes categories will be revealed Monday at 8:30 a.m. ET, only on "CBS Mornings."