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Tuesday, Sept. 3: South Florida real estate market articles

by Chris Umpierre
Today's South Florida real estate market articles
South Florida real estate market articles

FIU is No. 3 in the nation among public universities, according to Washington Monthly

Fiu Ranks No. 3 Among Public Universities (communitynewspapers.com)

 

Long known for its agricultural production, Palm Beach County is rapidly transforming into a major hub for high-end residential, finance and commercial investment, growth that continues to accelerate in the wake of the pandemic.

Bullish on Palm Beach County, Banesco USA brings local expertise to booming C&I and CRE Industries – The Real Deal

 

In Q1 2024, 86% of owners had a rate below 6%, down from the 2022 high of 93%. Rates need to dip more for the lock-in effect to loosen further.

https://www.floridarealtors.org/news-media/news-articles/2024/09/redfin-lock-effect-continues-ease

 

Six Insurers to Take Out 195K+ Citizens Policies

https://www.floridarealtors.org/news-media/news-articles/2024/09/six-insurers-take-out-195k-citizens-policies

 

The New Silicon Valley: South Florida Vying For A Name-Brand College To Feed The Financial Industry #VanderbiltUniversity #PalmBeach

https://www.forbes.com/sites/christopherrim/2024/08/26/the-new-silicon-valley-south-florida-vying-for-a-name-brand-college-to-feed-the-financial-industry/

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“Don’t ask yourself if you should wait, ask yourself are you ready to have a home and that payment. In the past decade, the advantage of homeowners is that they have fixed low debt cost versus rising wages, hence the great FICO scores.”

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The single best month to buy a home, according to this analysis of 33 million home sales over 8 years #October via @marketwatch

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South Florida is officially a rising star in the U.S. technology scene, with more money than ever pouring into new firms in the tri-county area. A record-breaking $4 billion in venture capital investment flooded into local tech startups in 2021 – double the prior year’s funding

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