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Miami

island
New York Post

Experience a Hamptons-Maldives fusion on an island just 30 minutes from Miami

May 24, 2024 Mariel Alumit Comments Off on Experience a Hamptons-Maldives fusion on an island just 30 minutes from Miami

  Florida’s affluent Wall Street South crowd is set to experience a new upscale retreat — and they can spare themselves a trip to the Palm Beaches to do so. Developer Rafael Reyes, owner of […]

affordable housing
New York Post

Miami faces an unprecedented affordable housing shortage of more than 90,000 units

May 17, 2024 Mariel Alumit Comments Off on Miami faces an unprecedented affordable housing shortage of more than 90,000 units

  Florida’s Miami-Dade County finds itself in the throes of a staggering affordable housing deficit, with more than 90,000 units needed to accommodate residents, according to a report from Miami Homes For All. According to […]

Shock-Gard
New York Post

Shock-Gard founder breaks a local Miami sales record for a dazzling waterfront home

May 16, 2024 Mariel Alumit Comments Off on Shock-Gard founder breaks a local Miami sales record for a dazzling waterfront home

  If you build it, they will come. A spec mansion in Bay Harbor Islands, Miami, has sold for a staggering $21.95 million, Gimme Shelter has learned — and it’s a sum that breaks a […]

Miami Beach
New York Post

Miami Beach residence with an art curator’s colorful touch sells for $7.7M

May 15, 2024 Mariel Alumit Comments Off on Miami Beach residence with an art curator’s colorful touch sells for $7.7M

  A colorful, eclectic and luxurious Miami Beach dwelling that was assembled and previously owned by art curator Ximena Caminos — the former partner of Argentine hotelier and real estate developer Alan Faena — has […]

Charles Leclerc
New York Post

Formula 1 sensation Charles Leclerc is buying a waterfront home in Miami

May 7, 2024 Mariel Alumit Comments Off on Formula 1 sensation Charles Leclerc is buying a waterfront home in Miami

  Formula 1 race car champ Charles Leclerc will be living the high life in Miami. The 26-year-old phenom is buying a waterfront home at the Edition Residences in Miami’s Edgewater neighborhood, a personal milestone […]

Miami
New York Post

Paradise lost: Miami residents battle against developer blocking skyline and waterfront views

April 30, 2024 Mariel Alumit Comments Off on Paradise lost: Miami residents battle against developer blocking skyline and waterfront views

Residents of the serene haven of Grove Isle in Miami say their lives — not to mention their property values — have been marred by the intrusion of a colossal seven-story condominium complex, towering 91 […]

Andre Branch
New York Post

Former Miami Dolphins star Andre Branch lists Ritz-Carlton condo for $5.49M

April 19, 2024 Mariel Alumit Comments Off on Former Miami Dolphins star Andre Branch lists Ritz-Carlton condo for $5.49M

  Former Miami Dolphins linebacker Orlandus Andre Branch III has listed his Ritz-Carlton Miami Beach condo, The Post has learned. It’s asking $5.49 million. Boasting three bedrooms and 3.5 bathrooms spread across 3,124 square feet, […]

Barry Diller
New York Post

Billionaire Barry Diller, husband of Diane von Furstenberg, breaks record with $45M Miami plot purchase

April 15, 2024 Mariel Alumit Comments Off on Billionaire Barry Diller, husband of Diane von Furstenberg, breaks record with $45M Miami plot purchase

Media mogul Barry Diller has officially closed on the purchase of a prime waterfront property on North Bay Road in Miami Beach for an eye-watering $45 million, sources close to the deal informed The Post, […]

David Grutman
New York Post

Miami nightlife guru David Grutman lists Zaha Hadid-designed condo for $7.2M

April 11, 2024 Mariel Alumit Comments Off on Miami nightlife guru David Grutman lists Zaha Hadid-designed condo for $7.2M

  Miami nightlife guru David Grutman, of Groot Hospitality, and his spouse, fashion/jewelry designer Isabela Rangel Grutman, have listed their Zaha Hadid-designed condo for $7.2 million. The four-bedroom, five-bath condo is at One Thousand Museum […]

Jeff Bezos
New York Post

Jeff Bezos acquires third mansion on exclusive Miami island, sparking elite envy

April 3, 2024 Mariel Alumit Comments Off on Jeff Bezos acquires third mansion on exclusive Miami island, sparking elite envy

Jeff Bezos, the titan behind Amazon, is further solidifying his grip on the coveted Indian Creek island with the purchase of a third mansion. The transaction, which took place in an off-market transaction, reportedly carries […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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