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Colombian Homebuyers Dominate South Florida Real Estate Market...

July 6, 2024

south florida

House hunters from Colombia led international web searches for South Florida real estate in May, closely followed by Germany and Canada, according to a report by the MIAMI Association of REALTORS® (MIAMI). Potential buyers from 149 countries browsed MiamiRealtors.com, which features three consum

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D.R. Horton Acquires 97 Acres in Homestead for $65M, Plans Major Development...

July 7, 2024

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Homebuilding giant D.R. Horton has invested $65 million to purchase 97 acres of farmland in Homestead for its ambitious Sandero Landing community. The site, located at Southwest 328th Street and Southeast 6th Street, was acquired from the Alger family, longtime Homestead farmers known for growing sw

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Forecasting Florida’s Housing Market from 2024 – 2026...

July 8, 2024

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As we look ahead to the forecast for 2024-2026, several key factors are expected to influence the Florida housing market. Recent reports indicate that while the market will likely continue its positive trend, the pace of growth may slow. Over the past five years, home values in Florida have risen by

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Breaking: Renowned Billionaire Steve Ross Pledges Full Commitment to South Flori

July 12, 2024

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After four years of significant investments and development in Palm Beach County, particularly in West Palm Beach, Stephen Ross has stepped back from the New York-based Related Companies to establish a separate entity, Related Ross, which he will lead as chairman and CEO. This new firm, carved out o

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Palm Beach County Condo Market Sees Decrease in June...

July 13, 2024

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Despite a seasonal dip in condo sales, Palm Beach County's market showcases remarkable diversity and resilience. Noteworthy transactions continue to punctuate the landscape, underscoring the area's enduring appeal. In June, the condo market tallied $309 million in sales, a decrease from

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South Florida’s Office Rental Market Thrives in Q2: Brickell and Downtown

July 16, 2024

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Rising Office Rents Amid High Vacancy Rates Overall Market Trends: The median rent for office space in South Florida increased in the second quarter, despite vacancies remaining above 10%, according to JLL's latest report. Miami’s Brickell neighborhood and downtown West Palm Beach are dri

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Miami Ranks as 10th Best U.S. City for Renters in 2024...

July 18, 2024

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Miami has surged to the 10th spot in RentCafe's 2024 survey, a notable improvement from last year's 25th place finish. Charleston, SC retains the top spot, but Miami's rise is remarkable. The survey evaluated 149 cities across 20 metrics, grouped into three primary categories: cost of living and ho

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Fortune International Acquires Prime Brickell Site for a Game-Changing 77-Story

July 20, 2024

south florida

Fortune International Group has recently finalized the acquisition of a significant 46,373-square-foot parcel located at 1210 Brickell Avenue in Miami’s vibrant Brickell neighborhood. This prime site is earmarked for the development of ORA by Casa Tua, an ambitious 77-story condominium tower that

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Too Tall for Edgewater: Miami Board Rejects SB and Hazelton’s 55-Story Tower P

July 21, 2024

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Despite strong neighborhood opposition and a recent setback, the proposal for a 55-story tower in Edgewater, Miami, remains a possibility. The Urban Development Review Board (UDRB) recommended denying the plan by SB Development and Hazelton Capital Group, but their vote is not final. The decision no

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Uncovering Palm Beach’s Luxurious Offseason Rentals: A Guide to the Island

July 23, 2024

south florida

Despite the offseason in Palm Beach, homeowners on the island are still commanding top dollar rents for their luxury homes. Even in the sweltering summer months, rental prices are reaching up to $90,000 per month, as reported by Redfin. Surprisingly, these high-priced listings are not beachfront man

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