Fort Partners sells oceanfront Seaway penthouse for record $86M

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Nadim Ashi’s Fort Partners sold an oceanfront penthouse at its Seaway at the Surf Club for $86 million, making it the most expensive condo ever sold in Miami-Dade County.  Records show the Fort Partners affiliate SCR Residences LLC sold unit PH-11 at 9149 Collins Avenue in Surfside to Surfclub 11 LLC, a Delaware entity. Public … Read more

Siesta Key’s Sam Logan Buys Miami Mansion for Record $22M

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Reality star Sam Logan bought a waterfront home in Miami’s Belle Meade for a record $22.1 million in an off-market deal. Records show Logan bought the house at 905 Belle Meade Island Drive from Mohammed Hussain. The deal follows a year after he sold a waterfront home on Chase Avenue in Miami Beach for $11 … Read more

Fed Split on December Rate Cut—Even as Housing Affordability Hits ‘Near Record Low’

Fed Split on December Rate Cut—Even as Housing Affordability Hits ‘Near Record Low’

Battle lines are being drawn at the Federal Reserve over an interest rate cut in December, as key policymakers stake out their positions both in favor and opposed to a cut. While a December cut was seen as a virtual certainty a month ago, financial and betting markets now rate the probability as a virtual … Read more

Record Shutdown Clouds Economic Data, and Housing Is Caught in the Middle

Mortgage Interest Rates Today: Mortgage Rates Rise to 6.22% After Fed Chair Jerome Powell Signals Tougher Policy

Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds to keep many home sales on track, … Read more

The Typical First-Time Homebuyer Is Now 40 Years Old, a Record High

The Typical First-Time Homebuyer Is Now 40 Years Old, a Record High

The typical first-time homebuyer in the U.S. is now 40 years old, a record high, as affordability struggles price many younger families out of the market. The median age of first-time buyers rose to 40 in 2025 from 38 the year before, and is up sharply from 33 just five year ago, according the annual … Read more