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Wednesday, January 24, 2024: South Florida real estate market articles

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

Miami ranked No. 3 in the U.S. for Office Investing in 2024

https://www.crexi.com/insights/best-cities-to-buy-office-property-in-2024

 

Homebuyers in Miami-Fort Lauderdale-Pompano Beach averaged 48 years old and had an income of $95,140. 61.8% of recent buyers financed their home purchase. Access NAR Calculations of the 1 year PUMS ACS Miami MSA data at:

Home Buyers by Metropolitan Statistical Area (nar.realtor)

 

A home for $200,000? It’s possible when condo hunting in these South Florida areas

https://www.miamiherald.com/news/business/real-estate-news/article284372054.html#storylink=cpy

 

Miami hotel demand on the rise. “That first week of January, which runs through Jan. 6 … we saw a growth of 6.9% in hotel room demand, a growth of 7.8% in hotel occupancy, 9.8% growth in hotel room rates and 18.4% growth in revenue per available room, so very strong performance.

https://www.miamitodaynews.com/2024/01/23/spring-visitor-numbers-taking-off/

 

Florida International University has launched a state-approved Condominium Board Member Training Certificate Program in the only state where homeowner association board members must be trained.

https://www.miamitodaynews.com/2024/01/23/florida-international-university-starts-training-condo-boards/

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Friday, July 11, 2025: South Florida real estate market articles

Chris Umpierre

Palm Beach County Home Sales Rise in 2Q 2021; Luxury Single-Family Home Sales Surge 213.3% Year-over-Year

Chris Umpierre

NAR along with the MIAMI Realtors and other Realtor associations from around the U.S. as well as individual Realtors met with senior staff of Fannie Mae to discuss issues that have arisen from the recently implemented safety and reserving requirements. While well intentioned, the new requirements to verify the physical soundness of condo buildings and adequacy of financial reserves have created problems in the market.

Daniel Zapata

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