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Tuesday, Aug. 29: South Florida real estate articles

by Chris Umpierre
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Help Me YPN (MIAMI REALTORS® YPN Leadership board) and Between Two Chairs – Demystifying Commercial Real Estate (Led by MIAMI REALTORS® Leaders Fernando Arencibia Jr. and Jennifer Wollmann) podcasts ranked No. 3 and No. 4 Miami Real Estate podcasts, respectively, via FeedSpot

https://bit.ly/47QTzq3

 

South Florida Price Discounts are Shrinking as Buyers Compete for Dwindling Inventory via MIAMI REALTORS® Chief Economist

https://bit.ly/44sF3SD

 

In 2022, the number of new members in NAR continued to increase. Find out more in the 2023 Member Profile:

https://bit.ly/3qJzhyd

 

Fort Lauderdale ranked No. 5 least expensive place in the U.S. to buy almond milk via the Council for Community and Economic Research

https://bit.ly/3KYUrPz

 

According to the University of Florida’s Bureau of Economics and Business Research, Palm Beach County’s population is expected to increase 17% by 2045 in a “medium” growth scenario. That’s an increase of 258,750 people. The “high” growth scenario shows a 37% population gain by 2045, or an increase of 569,650.

https://bit.ly/3PdG2Sm

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“With demand for homes exceeding supply by so much, no one is going to get a foreclosure for a steal. Competing buyers are bidding up prices for all homes, including foreclosures,” says Lewis.

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Downtown Miami is not experiencing office space reduction but growth, as a variety of buyers and renters are coming to the area from all parts of the globe, despite some negative net absorption in the market at the end of 2021 via @miamitodaynews

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“The shortage of inventory has led to a fast pace of sales, with buyers snapping up properties as soon as they hit the market,” says http://Realtor.com®’s senior economist

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