South Florida’s top deals: Miami medical facility trades for $32M
🏆 Residential: The top residential sale recorded in South Florida was in Palm Beach where a home at 239 Emerald Lane sold for $25 million. Buck House Limited was the seller. Mac Cummings, co-founder of Terakeet, was the buyer. The 7,200 square foot home has six bedrooms and nine and a half bathroom
Average 30-year U.S. mortgage rate rises to 6.49%
The average long-term U.S. mortgage rate drew closer this week to 6.5%, Freddie Mac reported, pushing up borrowing costs for prospective homebuyers.
Report: LGBTQ+ Gen Z buyers may face longer path to ownership
A new LGBTQ+ Real Estate Alliance report says family financial support, down payment savings and discrimination concerns may shape when some young adults are ready to buy. For Realtors, the survey offers a reminder to start financing conversations early and connect customers with trusted resources.
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