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Thursday, May 9: South Florida real estate market articles

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

Palm Beach’s Royal Palm Way – known to locals as “Bankers Row’ — has the third-highest average asking price for commercial rents in the U.S. Ranking via JLL’s 2024 Most Expensive Streets Report

https://finance.yahoo.com/news/palm-beachs-bankers-row-3rd-194929521.html

 

Ken Griffin, Orlando Bravo Join Developers, CEOs With Plan To Supercharge Miami

https://www.bisnow.com/south-florida/news/economy/ken-griffin-orlando-bravo-and-others-unveil-a-plan-to-supercharge-miami-124176

 

Suarez said that the history of deadly storms, including Hurricane Andrew in 1992, prepared Miami. “We’ve reduced our flood risk profile based on investments” in infrastructure for flood risk mitigation, he said. “We’ve suffered less hurricane damage than New York City since [Hurricane] Sandy.”

Francis Suarez Touts Miami’s Growth, Issues at The Real Deal

 

Yun Predicts Rising Existing-Home Sales in 2024

https://www.floridarealtors.org/news-media/news-articles/2024/05/yun-predicts-rising-existing-home-sales-2024

 

The governor signed a package that includes sales tax holidays and a one-year exemption on residential property and flood insurance premium taxes.

https://www.floridarealtors.org/news-media/news-articles/2024/05/sales-tax-holidays-insurance-premium-breaks-ahead


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