At 6.09%, the 30-year, fixed-rate loan moved even closer to 5%. It’s down from last week’s 6.13% and almost a point lower than highs of 7.08% reached in Oct.

The Wealth Group is selling an uninhabited private Caribbean island for $30M

New York investor Irving Langer sold the unit for less than he paid in 2018

A new oceanfront development, Rivage Bal Harbour was unveiled in January 2023 by industry leaders Related Group, Two Roads Development, and Rockpoint. The condominium property is made up of 61 sky villas located in one of South Florida’s most exclusive enclaves and has come to fruition from an all-star design team with Skidmore, Owings & Merrill (SOM) leading architecture and Rottet Studio leading the interior designs.

More than 1 million people — many of them white-collar professionals — have moved to the Sunshine State since the pandemic began, helping prop up the local housing market