Wednesday, April 17, 2024

Wednesday, January 17: South Florida real estate market articles

Southland mall in Cutler Bay is to be replaced by the Southplace City Center, a project that will include housing, dining and stores via @miamitodaynews “The total buildout is likely to be five to seven years, but we’re moving on a very fast track” #SouthDade

https://www.miamitodaynews.com/2024/01/16/southplace-city-center-fast-tracks-5-to-7-year-buildout/

 

Redfin reports the homeownership rate for Millennials rose from 52% to 55% last year, and is only tracking a few percentage points below where Baby Boomers were at the same age:

https://www.redfin.com/news/homeownership-rate-by-generation-2023/

 

Ludlam Trail, a 5.6-mile multiuse non-motorized recreational shared-use path, is moving toward the design of its recreational portion, with construction anticipated to start in the fall of 2026.via @miamitodaynews

https://www.miamitodaynews.com/2024/01/16/long-sought-ludlam-trail-two-years-away/

 

New mortgage applications increased 10.4% from one week earlier, according to the Mortgage Bankers Association.

https://www.floridarealtors.org/news-media/news-articles/2024/01/new-mortgage-applications-jump-more-10

 

Florida Seeing a New Condo Boom After Surfside

https://www.floridarealtors.org/news-media/news-articles/2024/01/florida-seeing-new-condo-boom-after-surfside

Originally published at https://www.miamirealtors.com/2024/01/17/wednesday-january-17-south-florida-real-estate-market-articles/

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