Sunday, July 21, 2024

Monday, June 3: South Florida real estate market articles

Five financial firms with billions in assets were among the latest tenants who signed up for office space in a 25-story tower that’s still under construction in downtown West Palm Beach via South Florida Business Journal

https://www.bizjournals.com/southflorida/news/2024/05/20/one-flagler-west-palm-beach-related-companies.html

 

The Branded Towers of Miami— the expansion of branded residences in Maimi via Curbed. “It’s win-win-win: developers sell condos faster…Brands get licensing fees, a cut of sales, and a ton of free marketing. And buyers…get the assurance that a company they adore and trust has signed off on the design and finishes.”

Why So Many of Miami’s New Luxury Towers Are Branded (curbed.com)

 

The state sales tax on commercial leases dropped Saturday to 2.0% from 4.5%, providing Florida employers with an estimated $1 billion in tax relief.

https://www.floridarealtors.org/news-media/news-articles/2024/06/business-rent-tax-reduction-guidance-released

 

Mortgage rates probably won’t vary much in the first week and a half of June. But starting June 12, it’s anyone’s guess what rates will do.

https://www.floridarealtors.org/news-media/news-articles/2024/06/june-mortgage-rates-could-be-turbulent

 

Changes to the My Safe Florida Home Program allow homeowners to choose any state-certified contractor and distribute the funding directly.

https://www.floridarealtors.org/news-media/news-articles/2024/06/program-updates-my-safe-florida-home

Originally published at https://www.miamirealtors.com/2024/06/03/monday-june-3-south-florida-real-estate-market-articles/

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