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Tuesday, April 2, 2024: South Florida real estate market articles

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

Recent gains in the stock market have driven a surge in the luxury market

https://www.floridarealtors.org/news-media/news-articles/2024/04/luxury-market-sees-buying-bounce-back

 

Top digital infrastructure investment firm in the U.S. relocates to Delray Beach

https://www.costar.com/article/1979002000/new-development-in-downtown-delray-beach-florida-becomes-headquarters-magnet

 

Palm Beach County home sellers kept the upper hand in February with a dearth of inventory helping to boost sale prices 12% higher than the same time last year, but the playing field is inching toward balance.

https://www.palmbeachpost.com/story/news/local/2024/03/22/palm-beach-county-sees-increase-in-single-family-home-prices-in-february/73038307007/

 

Miami unemployment rate at 1.6%– by far the lowest in Florida (3.1%) and nation (3.9%) via @miamitodaynews

https://www.miamitodaynews.com/2024/03/26/scary-low-miami-dade-jobless-rate-rises-a-hair/

 

Fair Housing Month Shines Light on Equity

https://www.floridarealtors.org/news-media/news-articles/2024/04/fair-housing-month-shines-light-equity

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The Miami-Dade Transportation Planning Organization is looking at the possibility of expanding the transit system underground. It just completed a study evaluating emerging technologies to assess the use of tunnel corridors in the county. https://bit.ly/3wpM6O5

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An update on Canada’s CI Financial: It is promising 450 jobs, minimum, in its first years in Miami

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30-Year Mortgage Rate Falls for Third Consecutive Week; Could Decline to 6% by Year-end as Economic Risks Now Outweigh Inflation Risks

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