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Tuesday, Nov. 12: South Florida real estate market articles

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

Move over LA and NYC – with Trump’s re-election, South Florida is now the political, business and celeb capital of the US via The New York Post

https://nypost.com/2024/11/09/us-news/south-florida-is-now-the-political-business-and-celeb-capital-of-the-us/

 

“Flight to Florida” will continue despite high costs, limited inventory: takeaways from The Real Deal Miami forum

https://therealdeal.com/miami/2024/11/11/real-estate-industry-expects-continued-focus-on-south-florida/

 

NAR Chief Economist Lawrence Yung projects national existing home sales to rise 9% year-over-year in 2025; New home sales to jump by 11% in 2025.

What’s Next for the 2025 Housing Market?

 

Florida voters pass Amendment 5, changing homestead tax exemptions

https://www.cfpublic.org/politics/2024-11-06/florida-voters-pass-amendment-5-changing-homestead-tax-exemptions

 

Commercial and multifamily mortgage loan originations increased 59% year-over-year in the third quarter of 2024 and increased 44% from Q2 2024, the Mortgage Bankers Associations (MBA) said Friday.

https://www.connectcre.com/stories/cre-lending-volume-increases-59-year-over-year/

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Miami to have U.S.’s tallest beachfront tower. The first branded Bentley residence in the world. #Miami

Daniel Zapata

Why Buying a Second or Even Third Home Is Becoming More Popular Than Ever via @bloomberg

Daniel Zapata

Miami Beach ranked No. 1 for Most Popular Cities for Second Homes (small size; less than 100K), according to 2021 study by AdvisorSmith.

Chris Umpierre

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