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.
DOE will discuss the proposed rule change at a workshop on Aug. 5, according to state documents.
All 3 patients allege they were left with permanent injuries after procedures with Dr. Hochstein.
Video shows two people wearing Argentina jerseys arguing with a man wearing a Mexico jersey. During the confrontation, one of the men is heard shouting the N-word at the man in the Mexico jersey.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
The mother, identified only as Barbara, shared her story exclusively with CBS News Miami to highlight the recent rise in similar tragedies in South Florida.
DOE will discuss the proposed rule change at a workshop on Aug. 5, according to state documents.
All 3 patients allege they were left with permanent injuries after procedures with Dr. Hochstein.
Video shows two people wearing Argentina jerseys arguing with a man wearing a Mexico jersey. During the confrontation, one of the men is heard shouting the N-word at the man in the Mexico jersey.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
The mother, identified only as Barbara, shared her story exclusively with CBS News Miami to highlight the recent rise in similar tragedies in South Florida.
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.
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
Homeland Security Investigations is an arm of ICE, meaning the immigration enforcement agency would effectively be investigating incidents involving its own agents.
This is the first time in more than 150 years that a vice president's family had a child while in office.
Larkin spoke this week to CBS News Miami's Jim DeFede.
The sordid life of Fabian Basabe is one CBS Miami first began covering on this show three years ago.
Dotie Joseph said after talking with neighbors and looking at the field, she thinks she has plenty of experience to assume the governorship.
Perhaps the most controversial cut DeSantis made was the $15 million that would have gone to fund security efforts at Catholic schools in Miami-Dade County.
The likely Republican candidate for governor, Congressman Byron Donalds, said he would vote for it, but as he told CBS Miami's Jim DeFede, if it does fail, they will tackle the issue again next year.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
A recall has been issued for frozen blueberries sold at Publix stores in Georgia, Florida and other Southern states after 12 people became sick, the FDA says.
A new Florida law requires drug prescribers to complete sickle cell training, aiming to improve care and address stigma faced by patients.
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.
A lawyer says influencer brothers Andrew and Tristan Tate will fight extradition to the United Kingdom.
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
A total of 22,141 fans wore the caps in London's Hyde Park on Friday ahead of his set at the British Summer Time festival.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.