For years, South Florida residents have anticipated the transformation of The Shops at Sunset Place into a vibrant mixed-use destination. While redevelopment was expected to begin by early 2026, demolition has yet to start, leaving many wondering what is causing the delay. The answer appears to be less about the commercial real estate market and […]
Category: Real Estate
Can You Own a Real Estate Brokerage in Florida Without a License?
If you’re exploring real estate investment or launching a brokerage in Florida, one question comes up quickly: can you own part or all of a real estate brokerage without being licensed? The answer is yes, but there are important legal requirements you need to understand before moving forward. Florida Real Estate Brokerage Ownership Rules Under […]
Over 1,000 New Apartments Coming Near Galleria Mall in Fort Lauderdale: What It Means for Sunrise Boulevard
Fort Lauderdale is preparing for a major transformation along the East Sunrise Boulevard corridor near Galleria Mall. Two large-scale residential developments — 2620 Residences and 910 Residences — are moving forward, bringing a combined 1,045 new apartment units to the Sunrise / Galleria area. This wave of development signals the next phase of density and […]
Florida Population Influx Collapses in 2025: Migration Down 93% as Home Prices, Insurance, and Taxes Cool the Housing Market
Florida’s population influx has dramatically slowed in 2025, with net domestic migration dropping to just around 22,500–23,000 people according to the latest U.S. Census Bureau estimates. This represents a steep 93% decline from the pandemic peak of over 310,000 in 2022 and falls well below the state’s long-term historical average of roughly 130,000–140,000 annually. Florida, […]
Miami Housing Affordability Crisis: Why Fewer Than 1% of Homes Are Within Reach
Homeownership is slipping further out of reach for many Americans—but nowhere is the problem more severe than in Miami. According to a new analysis by Bankrate, less than 0.5% of homes in the Miami metro area are affordable for a typical household. The findings highlight a growing affordability crisis fueled by soaring home prices, high […]
Florida Leads Nation in Condo and HOA Fees — What Homeowners Need to Know
Florida homeowners are paying some of the highest condominium and homeowners association (HOA) fees in the United States, according to newly released U.S. Census data. While these fees help maintain community amenities like pools, gyms, landscaping, and security, they also add significantly to the already high cost of homeownership across the Sunshine State. The Numbers: […]
Homestead in Florida: What It Means, Benefits, and How to Apply
In Florida, “homestead” refers to special legal rights and tax benefits tied to your primary residence. The state has some of the strongest homestead protections in the United States, designed to help homeowners reduce costs and safeguard their property. Homestead in Florida can mean: ⸻ Florida Homestead Exemption and Property Taxes The Homestead Exemption lowers […]
Homestead in Florida: What It Means, Benefits, and How to Apply
In Florida, “homestead” refers to special legal rights and tax benefits tied to your primary residence. The state has some of the strongest homestead protections in the United States, designed to help homeowners reduce costs and safeguard their property. Homestead in Florida can mean: ⸻ Florida Homestead Exemption and Property Taxes The Homestead Exemption lowers […]
South Florida Rents Decline Amid Cooling Market, But Prices Still High in Urban Core
The South Florida rental market is finally showing signs of cooling after years of steep rent hikes driven by post-pandemic demand. According to a recent report from Zumper, median rents in the region—particularly in Miami and neighboring cities—have started to dip year-over-year, providing some relief to renters. Key Findings: Biggest Declines in Broward County: The […]
Miami Housing Market Faces Sharp Downturn Amid Waning Demand and Overvaluation
The Miami housing market, once a pandemic-era darling, is now experiencing a severe downturn. Recent data reveals a dramatic 50% drop in home sales from its peak during the COVID-19 boom, and a 30% decrease below the long-term average for March. While some voices in Florida claim that the downturn is isolated to the west […]