South Florida's Red-Hot Housing Market Icing Out Potential Buyers Who Can't Compete With Investors
Home prices continue to surge in South Florida, and the trend has left many homebuyers in bidding wars or unable to find properties.
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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.
As the rest of the nation sees a dip in the number of homes being foreclosed on, Florida is seeing their number rising.
In the market for a new home? There is a magnificent property for sale in Miami Beach with a breathtaking waterfront view and all the amenities you could ask for.
Curious just how far your dollar goes in Miami?
This week the Governor of New York blamed budget shortfalls on the state of Florida.
Curious just how far your dollar goes in Fort Lauderdale?
This just in: the priciest listing in today's Miami Beach rental market is going for $60,000/month
According to rental site Zumper, median rents for a one-bedroom in Miami Beach are hovering around $1,600. But how does the low-end pricing on a Miami Beach rental look these days—and what might you get for the price?
If you're a real estate agent, odds are you haven't been closing as many deals lately.
Last year rents dropped in Downtown Miami for the first time in years.
Early summer is a busy time for the real estate market.
When Ciro Fodere listed his condo at Platinum for sale, within hours his listing went viral in social media.
A brand known for its micro hotels is arriving in downtown Miami with a new project called YotelPad - their first on the East Coast.
The Southern Birth Justice Network operates the "Birth Justice Bus," a mobile clinic staffed by midwives, doulas, and a community care coordinator. Most services offered through the mobile unit are provided at a low cost or for free.
As primary election day unfolds across Florida, voters are heading to the polls with a mix of civic duty and measured concern, highlighting the importance of local races even as turnout often lags behind general elections.
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
Caruso faces charges including kidnapping and child sex crimes tied to a 2025 family cruise.
The Southern Birth Justice Network operates the "Birth Justice Bus," a mobile clinic staffed by midwives, doulas, and a community care coordinator. Most services offered through the mobile unit are provided at a low cost or for free.
As primary election day unfolds across Florida, voters are heading to the polls with a mix of civic duty and measured concern, highlighting the importance of local races even as turnout often lags behind general elections.
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
The CBS Miami Nat Moore Trophy honors the best high school football player from Miami-Dade, Broward and Monroe counties.
The Miami Dolphins' three preseason games will air on CBS Miami as the team prepares for the 2026 NFL season.
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.
A federal appeals court sided with houses of worship from the Quaker, Sikh, and Cooperative Baptist Fellowship religious traditions.
The Justice Department is planning to deploy a record 1,000 federal monitors to polling places throughout the U.S. for the midterm elections.
Three states are holding primaries on Tuesday, with Florida deciding on nominees for both governor and for Senate.
In May, a federal judge dismissed a criminal indictment against Abrego Garcia, who had been accused of smuggling immigrants in the U.S. illegally.
The Florida primary is being held on Tuesday, Aug. 18.
In a statement, Moody attempted to distance herself from the affair, suggesting the blame rests with the Governor and his Administration.
The race to see who will be the Democratic nominee to take on Republican Congresswoman Maria Elvira Salazar in District 27 is being closely watched.
Months after leaving TV news, Rodriguez is competing against former prosecutor Robin Peguero for the CD-27 nomination.
On Sunday, Collins spoke about the ruling on this week in South Florida and explained why he believes he is trailing the Republican frontrunner, Byron Donalds.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
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.
Co-stars and friends of Hayden Panettiere are remembering her for her friendship, intelligence and talent after her shocking death on Sunday.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.