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Eviction moratorium ends – 144K Floridians at risk

The federal moratorium on evictions ended over the weekend on July 31, putting more than 144,000 Floridians at risk of becoming homeless.

RentPath names new CEO after Redfin takeover

The new executive joins RentPath from ParkMobile, which provides an app to help drivers pay for metered parking remotely.

Dawn Pfaff My State MLS 2021 Woman of Influence Award
My State MLS founder Dawn Pfaff wins GlobeSt. Real Estate Forum’s 2021 Woman of Influence Award

Dawn Pfaff, founder and president of My State MLS, headquartered in Jupiter, Florida, has been selected as a winner of the GlobeSt. Real Estate Forum’s 2021 Woman of Influence award, within the Innovator category.

Cash is king in South Florida real estate
Cash is king in the South Florida real estate market

Redfin reports that in 2021, 30% of home purchases nationwide have been cash deals. A recent article in Housing Wire reported “Cash buyers are scooping up homes like mad.” That number is even higher in South Florida. West Palm Beach tops the list – 52.6% of the metro area’s home sales in 2021 have been in cash.

Miami real estate rental and sales prices exploding
Miami rental and sales prices exploding

As population booms with transplants to Florida, real estate prices are skyrocketing for rentals and sales.

Resilient Miami Condo Market Record Sales
Resilient Miami condo market posting record sales

Condo sales in Miami-Dade County remain strong, with record increases, after the collapse of the Champlain Towers South in Surfside, the Miami Realtors Association said in a statement.

Fadia Bassi Making Moves Aman
Fadia Bassi joins Aman as regional director of residences sales, North America

“Aman’s branded residences are completely standout, and I have long admired the brand’s approach to design, service and the amenities offered to its owners. I am delighted to be joining the team.”

Florida housing market June 2021
Florida housing market: Sales, median price, new listings up

Florida’s housing market in June continued the same trends as previous months with more closed sales, higher median prices and more new listings compared to a year ago, according to Florida Realtors’ latest housing data.

Matt Adler Making Moves
Matthew Adler joins national multifamily developer ZOM Living as senior vice president of finance

ZOM Living expands its management team with Matt Adler, bringing over 20 years of investment management and real estate development experience.

Florida Home Price Study
Study shows Florida homes overpriced by more than 20%

Florida homes keep fetching more money than they’re worth, a disturbing development that eventually could put buyers in a bind, according to researchers at Florida Atlantic University and Florida International University.

La Costa bought to be demolished
La Costa evacuated, and Mast Capital buys with plans to demolish

Mast Capital acquired a majority of the units at La Costa on Miami Beach for more than $100 million in May before the order to evacuate the unsafe structure. They plan to build a luxury tower on the site of the oceanfront condo building that was ordered evacuated by the city.

ALINA Residences Boca Raton
$52.8M construction loan secured for second phase of ALINA Residences

ALINA Residences in Boca Raton secures $52.8 million loan for second phase of construction.

Aurora Sunny Isles Beach Compass Sales
Compass takes over sales at Aurora Sunny Isles Beach

Verzasca Group, which is developing the 17-story Aurora Sunny Isles Beach, has hired Compass Development Marketing Group to sell out the residential building’s remaining inventory.

condos.com sales website launches
Miami based Condos.com launches

Condos.com launched and is a real estate sales website dedicated to new and pre-construction condominiums.

Treasure Coast business and housing market is booming
Why the Treasure Coast housing market is booming

Home values on the Treasure Coast are booming. This surge is caused by new growth in the area economy including an influx of new companies plus out-of-state residents moving to the area.

Homebuying competition lessens in Miami. Could the market be losing steam?

The competitive homebuying market showed signs of loosening up last month as bidding wars dropped from May despite being higher than they were a year ago. 

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