Many local residents from Palm Beach, Broward and Miami-Dade counties decided to move from South Florida and buy homes in less crowded and cheaper areas of the state, according to a recent study from CoreLogic.

National interest rates are down and so is unemployment. Builder confidence is up. See local stats.

Looking forward, 37% of the survey’s respondents expect drones to be the most-impactful technology over the next 24 months, followed by cyber security (34%), 5G (31%) and virtual reality (30%).

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

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

Affordability declined in 49 of the 50 major markets according to the May 2021 First American Real House Price Index. 

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

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.

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.

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

The U.S. Census Bureau and the Department of Housing and Urban Development reported that the median sales price slid to $361,800 from $380,700 in May.

“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’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.

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

At the same time, the median existing-home price for all housing types in May was up 23.4% on an annual basis, as every region in the country registered price increases.