Start today for only $1 Subscribe Apartment construction is booming in South Florida, even though the market is past its pandemic-era leasing and rent peak. “Developers are still very bullish on the Miami story,” said Juan Arias, a national director at CoStar Group. “You have a lot [to be completed] in 2027 and 2028.” After … Read more
Miami market pivots: Where does your business go from here? Miami’s real estate market is approaching a critical point. High interest rates have stalled or canceled major projects in the office and condo sectors, and developers are searching far and wide for fresh equity. Multifamily owners are dealing with stagnating rents in some areas, while … Read more
South Florida’s residential market rallied in September, in a reversal of the region’s monthslong slowdown. Dollar volume in Miami-Dade, Broward and Palm Beach counties surged 13 percent to $4.3 billion, up from $3.8 billion last September, according to Multiple Listing Service data collected by the Miami Association of Realtors. While sales were up, condo prices … Read more