Life in Palm Beach after lockdown: Demand for luxury homes sparks “pandemonium”
Palm Beach real estate agent Sonja Stevens listed a mansion on the island in late May, and within a few days received three offers, including one for the full $19.5 million asking price. Stevens, of Douglas Elliman, believes that the Palm Beach property — a main...
SoFla industrial market’s Q2 is strongest quarter in three years
South Florida’s industrial real estate market’s second quarter proved to be its strongest period in three years, according to a recently released report from Newmark Knight Frank. In the second quarter, South Florida’s industrial market saw a 51 percent uptick in net...
Researcher: The South Florida housing market sees highest overvaluation in eight years
The South Florida housing market is experiencing its highest overvaluation in eight years. Still, a housing crisis is unlikely, one expert said. Florida Atlantic University professor and real estate economist Ken H. Johnson found that homes in the Tri-County area were...