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Tuesday, April 16: South Florida real estate market articles

Today's South Florida real estate market articles
South Florida real estate market articles

A cut in the state’s commercial lease sales tax, from 4.5% to 2.0%, will begin on June 1, weeks earlier than originally expected. This 2.5% reduction is the single biggest cut since MIAMI Association of REALTORS® began advocating for the elimination of the Business Rent Tax years ago.

https://www.floridarealtors.org/news-media/news-articles/2024/04/business-rent-tax-reduction-set-june

 

Miami ranked No. 7 for Best U.S. Cities for College Grads 2024 via ApartmentAdvisor 2024 ranking

https://www.apartmentadvisor.com/blog/post/best-cities-for-college-grads#miami

 

Brightline could open new Stuart station in 2026, two years sooner than expected via Treasure Coast Newspapers

https://www.tcpalm.com/story/news/local/martin-county/2024/03/04/brightline-could-open-stuart-station-in-2026-2-years-sooner-than-expected/72809295007/

 

A new real estate trend? Shopping malls converted into residential units in South Florida

https://www.nbcmiami.com/news/local/a-new-real-estate-trend-shopping-malls-converted-into-residential-units-in-south-florida/3277397/

 

This neighborhood is getting a makeover. Will it become the Wynwood of Fort Lauderdale?

https://www.miamiherald.com/news/local/community/broward/article287622375.html#storylink=cpy

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Improvement in new listings trend in recent weeks helped supply & gave buyers more options. As a result, the number of homes available for sale is catching up to where the market was at this time last year.

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