Wednesday, January 24, 2024: South Florida real estate market articles

Miami ranked No. 3 in the U.S. for Office Investing in 2024

https://www.crexi.com/insights/best-cities-to-buy-office-property-in-2024

Homebuyers in Miami-Fort Lauderdale-Pompano Beach averaged 48 years old and had an income of $95,140. 61.8% of recent buyers financed their home purchase. Access NAR Calculations of the 1 year PUMS ACS Miami MSA data at:

Home Buyers by Metropolitan Statistical Area (nar.realtor)

A home for $200,000? It’s possible when condo hunting in these South Florida areas

https://www.miamiherald.com/news/business/real-estate-news/article284372054.html#storylink=cpy

Miami hotel demand on the rise. “That first week of January, which runs through Jan. 6 … we saw a growth of 6.9% in hotel room demand, a growth of 7.8% in hotel occupancy, 9.8% growth in hotel room rates and 18.4% growth in revenue per available room, so very strong performance.

https://www.miamitodaynews.com/2024/01/23/spring-visitor-numbers-taking-off/

Florida International University has launched a state-approved Condominium Board Member Training Certificate Program in the only state where homeowner association board members must be trained.

https://www.miamitodaynews.com/2024/01/23/florida-international-university-starts-training-condo-boards/ Originally published at https://www.miamirealtors.com/2024/01/24/wednesday-january-24-2024-south-florida-real-estate-market-articles/