May 2024

According to the Miami Association of Realtors, Palm Beach County total home sales climbed 5.2% year-over-year in April 2024, from 2,441 to 2,568. Palm Beach County single-family home sales increased 11.1% year-over-year in April 2024, from 1,262 to 1,402. Yet, Palm Beach County condo sales decreased 1.1% year-over-year, from 1,179 in to 1,166. In the luxury housing segment, total luxury home sales in Palm...

In a supply-constrained housing market, even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. “It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in...

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information.  With...

A newly completed architectural masterpiece has recently landed on the market in Palm Springs for $5.495 million. And it pairs a million-dollar location in the heart of Palm Springs with eye-catching design — both inside and out! Nestled within the exclusive gated community of ONE Las Palmas, this brand-new desert oasis (completed in 2023) is a one-of-a-kind property. From its unique curvilinear...

If you’ve ever dreamt of waking up to the sound of waves gently crashing on the shore or enjoying a sunset from your own backyard oasis, then Florida might just be your paradise. Known for its endless summers and crystal-clear waters, the Sunshine State boasts some of the most stunning properties in the country. From the vibrant shores of Miami to the tranquil beaches of the Gulf Coast, Florida offers...

Just a couple of months after it graced the pages of the Wall Street Journal, Oscar De La Hoya’s Las Vegas-area home popped up on the market as a glam $20 million listing. The championship boxer’s custom-built pad, a triple-gated mansion in the exclusive Strata community in Henderson, Nevada packs almost 9,000 square feet of living space, 2,409 square feet of outdoor living area, and amenities...

Much like the two seasons that preceded it, Season 3 of the Netflix real estate reality series delivered plenty of drama — and just as many gorgeous mansions for viewers to admire. Most notably, Kayla Cardona kicked off season three of Selling the OC with “Big Dock Energy,” thanks to her stunning Bayside listing, one of the most expensive properties handled by the Oppenheim Group’s OC arm....

According to CBRE, strong domestic and international demand have established Korea as one of the top-performing hotel markets in the Asia Pacific region over the past two years. STR data indicates that the Average Daily Rates (ADRs) in Korea reached KRW 214,177 in Q1 2024, a 43% increase over Q1 2019, with overall RevPAR 49% higher than during the same period. Although full-year occupancy has yet to fully...

According to recent data from the Orlando Regional Realtors Association (ORRA), the median home price in April 2024 reached $388,500, an increase from $386,500 in March. This marks the highest monthly median home price ever recorded in the Orlando area. ORRA says overall sales experienced a 7.8% rise from March to April 2024, with 2,759 homes sold in April compared to 2,559 in March 2024, making it the...

Based on new data from CBRE, the U.S. commercial real estate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of credit spreads indicated signs of stabilizing. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the U.S., decreased by 11% from Q4 2023. The index saw a decline of 32.7% compared...