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Thursday, Aug. 15: South Florida real estate market articles

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

South Florida ranked No. 9 in the U.S. for largest number of new apartments completed this year in the U.S. via RentCafe. South Florida set to deliver 14,000 apartments by end of 2024

https://www.rentcafe.com/blog/rental-market/market-snapshots/new-apartment-construction/

 

Florida insurance market sees first reinsurance price decrease in years via Artemis. State Farm said it sees increasing opportunities to underwrite property business in Florida, while a ninth new insurer, Trident Reciprocal Exchange, has been recently approved. Also of note, Progressive Insurance executives met with the Insurance Commissioner and have committed to continuing to invest in their businesses underwriting in Florida.

https://www.artemis.bm/news/florida-insurance-market-sees-first-reinsurance-price-decrease-in-years-floir/

 

Broward ranked No. 4 Healthiest Place to Live in Florida; Palm Beach #6 via U.S. News & World Report

https://www.floridarealtors.org/news-media/news-articles/2024/08/florida-counties-named-among-healthiest-live

 

Florida ranked No. 2 for Best State to Live in 2024 via WalletHub

https://wallethub.com/edu/best-states-to-live-in/62617

 

Office space in the downtown and Brickell areas is undergoing a changing of the guard, as some traditional tenants in the city’s core have been replaced by newcomers from outside the market and some long-time office buildings are in line to be replaced by mixed-use skyscrapers.

Changing of guard for office buildings and tenants – Miami Today (miamitodaynews.com)

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