Friday, July 19: South Florida real estate market articles

Florida Ranked No. 1 Economy in the U.S. via new CNBC ranking. Florida GDP (2023): $1.28 trillion (+5%), Florida job growth (2023) 2.5%

https://www.cnbc.com/2024/07/18/americas-10-best-state-economies.html

MIAMI Chairman-Elect Eddie Blanco quoted by MarketWatch: “Is now a good time to buy a house?”

https://www.marketwatch.com/story/is-now-a-good-time-to-buy-a-house-avoid-this-precarious-possibly-foolish-strategy-fc621cda?mod=mw_rss_topstories

Florida again ranks No. 1 in the U.S. in total foreign buyer purchases via new 2024 NAR Global Study

Foreign Home Buyers Recede from U.S. Market as Prices Soar (nar.realtor)

Bill Would Grant 20% Tax Credit for Residential Conversions

https://www.globest.com/2024/07/16/bill-would-grant-20-tax-credit-for-residential-conversions/?slreturn=20240717142330

Facts that may surprise you about Palm Beach County residents from latest U.S. Census Did you know that one in three West Palm Beach residents speak another language besides English as their first?

Palm Beach County census: Boca Raton, Jupiter, West Palm Beach facts (palmbeachpost.com)