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Is Miami's Population Actually Shrinking? Is The City In Trouble? Not So Fast The Numbers Say...

August 9, 2023

Last week headlines from news outlets such as the The Wall Street Journal, the Miami Herald and The New York Times rang out that Miami was in trouble and the population was shrinking fast. The articles closely followed a debacle at Business Insider after the outlet published an article claiming that in 2021 more people had moved out of Florida than either New York or California; but, Business Insider later had to retract and correct the story after one of their writers had mistakenly flipped around the numbers and published with the article.

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In Commercial, Market Report, News, News & Features, Residential Tags News & Features, News, Commercial, Residential, August 2023, Market Insight, Link In Bio
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Miami Ranks Seventh in Housing Shortage Report As Florida Sees Nations Highest Rent Increase Since 2020

June 29, 2023

New research has shown that Miami ranks seventh in housing shortage report as Florida has seen the highest rent increase in the nation since 2020. Prices have continued to push higher where rental rates a 2 bedroom rental on Miami Beach is up over 46% year-over-year as of June 2023. Developers have struggled to keep pace despite Miami-developers leading the nation with a record 28,000 units currently under development in the Miami metro-area.

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In Market Report, Market Insight, News, News & Features, Residential Tags News & Features, News, Market Report, Market Outlook, Residential, June 2023
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Image via LPG/ The Inside Network/ Alyssa Jansheski

Miami Beach's Exclusive Star Island Now Ranks As The Nation's Priciest Neighborhood

March 22, 2023

Miami Beach’s exclusive Star Island has emerged as the leader among the most expensive neighborhoods in the United States, leading Port Royal in Naples, FL and Beverly Hill’s Beverly Hills Gateway and Trousdale Estates, according to sales data from Zillow Group Inc. The average home sale on the ritzy island in 2022 traded for $40.2 million, up $16.7 million and 71% from 2019 when the average home sale on the island was $23.5 million.

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In Miami Beach, News, News & Features, Luxury Real Estate, Market Report, Market Insight, Residential Tags Star Island, Market Report, Luxury Real Estate, March 2023, Residential, News & Features, News, Miami Beach
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16121 Aberdeen Way in Miami Lakes

16121 Aberdeen Way in Miami Lakes

Douglas Elliman Releases Q3 2020 Florida Regions Market Reports For South Florida

October 22, 2020

Douglas Elliman has just released their Q3 2020 Market Reports for Florida regions, which were prepared in conjunction with Jonathan Miller of Miller Samuel INC. The reports have revealed that sales rose sharply higher year over year, rebounding quickly from the restraint of spring market activity at the onset of the COVID-19 crisis.

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In Delray Beach, Daytona Beach, Fort Lauderdale, Jupiter, Luxury Real Estate, Market Insight, Market Report, Miami Beach, News & Features, Palm Beach, Palm Beach County, Palm Beach Gardens, Sales Update, News, South Beach, Residential, Miami Lakes Tags Boca Raton, Delray Beach, Fort Lauderdale, Jupiter, Luxury Real Estate, Market Insight, Market Report, News, Palm Beach, Residential, Sales Update, West Palm Beach, Wellington, Douglas Elliman, Manalapan, News & Features, October 2020
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6585 Allison Road

6585 Allison Road

Douglas Elliman Releases Q2 2020 South Florida Market Reports

July 16, 2020

Douglas Elliman has just released their Q2 2020 Market Reports for South Florida, which were prepared by Miller Samuel, a leading independent appraisal firm. The reports, which cover the areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland, have revealed that the COVID-19 market shutdown during much of the second quarter caused sales to fall sharply in South Florida.

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In Boca Raton, Delray Beach, Fort Lauderdale, Jupiter, Luxury Real Estate, Market Insight, Market Report, News, Palm Beach, Residential, Sales Update, West Palm Beach, Wellington Tags 6585 Allison Road, Douglas Elliman, Douglas Elliman Market Report, Douglas Elliman Q2 2020 Market Reports for South Florida, Miller Samuel, Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, Miami Coastal Mainland, 6431 Allison Road, Barrier Islands, 1800 Sunset Harbour, 709 Idlewyld Drive, 434 Areca Palm Road, Highland Beach, 9200 Rockybrook Way, Wellington, 319 N Atlantic Drive, 319 North Atlantic Drive, Palm Beach, Jupiter, Palm Beach Gardens, Luxury Real Estate, Market Report, Market Outlook, Market Insight, News, Residential, Sales Update, Isabella Zimmermann
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6431 Allison Road

6431 Allison Road

Douglas Elliman Releases June 2020 New Signed Contracts Report for Florida

July 4, 2020

Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has released its second monthly recurring report for June 2020. The report focuses on the new contracts signed and new listings that entered the rapidly changing market in Douglas Elliman’s Florida regions of Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough.

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In Broward, Luxury Real Estate, Market Insight, Market Report, News, Palm Beach, Palm Beach County, Residential, Sales Update, Brokerage, Miami-Dade County, West Palm Beach Tags Douglas Elliman, Douglas Elliman New Signed Contracts Report, Market Report, Market Insight, News, Residential, Miami-Dade County, Palm Beach County, Pinellas County, Miami, Hillsborough, Hillsborough County, Miami-Dade, Broward, Palm Beach, Pinellas, Single Family Homes, Condo, Sales Update, Featured, 6431 Allison Road, 260 Palmetto Ln, 2000 Ocean, 7815 Atlantic Way, Miller Samuel, Isabella Zimmermann, Market Outlook, Douglas Elliman June 2020 New Signed Contracts Report Florida, Brokerage
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6530 Allison Island

6530 Allison Island

Douglas Elliman Releases May 2020 New Signed Contracts Report for Florida

June 18, 2020

Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.

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In Luxury Real Estate, Market Insight, Market Report, Miami-Dade County, Palm Beach County, Residential, Sales Update, Hallandale Beach, Delray Beach, News, Miami Beach, Palm Beach Tags Douglas Elliman, Douglas Elliman New Signed Contracts Report, Market Report, Market Insight, News, Residential, Miami-Dade County, Palm Beach County, Pinellas County, Miami, 6530 Allison Island, 319 North Atlantic Drive, 319 N Atlantic Drive, 2000 Ocean, 9192 Rockybrook Way, Hillsborough County, Douglas Elliman May 2020 New Signed Contracts Report, Miami-Dade, Broward, Palm Beach, Pinellas, Hillsborough, Single Family Homes, Condo, Isabella Zimmermann, Sales Update, Featured
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19 Palm Avenue, Miami Beach

19 Palm Avenue, Miami Beach

Douglas Elliman Releases Q1 2020 South Florida Market Reports

April 16, 2020

Douglas Elliman has just released their Q1 2020 Market Reports in South Florida. It reveals noticeably stronger results for listing inventory growth in the first two and a half months of the quarter until market awareness of COVID-19 occurred in mid-March, which slowed growth across South Florida in areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland.

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In Brokerage, Delray Beach, Downtown, Jupiter, Luxury Real Estate, Luxury Homes, News, Palm Beach, Residential, Wellington, Weston, Miami Beach, Miami Gardens, Market Report, Market Insight Tags Douglas Elliman, Featured, Market Report, Market Insight, News, Brokerage, Residential, Palm Beach, Wellington, Miami, Downtown, Boca Raton, Delray Beach, Jay Parker, Jay Phillip Parker, Douglas Elliman Q1 2020 Market Report South Florida, 9200 Rockybrook Way, Luxury Real Estate, Luxury Homes, Luxury Condo, Jupiter, Miami Gardens, Weston, Isabella Zimmermann
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Beaches in Miami-Dade County have been closed.

Beaches in Miami-Dade County have been closed.

Tracking COVID-19 By The Numbers: Breaking News In South Florida

March 27, 2020

(Last Updated 6:14 AM 3/27/2020):

BREAKING: 

  • City of Miami officials have announced a curfew for its residents that will begin Friday night. According to officials, all residents must be indoors from 10 p.m. until 5 a.m. (3/27/2020)

  • Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business 9 PM Thursday. (3/20/2020)

  • All U.S. Citizens traveling around the world should return home ASAP or be prepared to stay abroad for an indefinite period. (3/19/2020)

Continue to check back for updates to below as we continue to track COVID-19 across South Florida:  

Stats:

  • Number of Cases in Florida: 830+ (3/23/2020)

  • Fatalities in Florida: 13+ (3/23/2020)

  • Number of Global Cases: 351,000+ (3/23/2020)

  • Global Fatalities: 15,321+ (3/23/2020)

  • Number of U.S. Cases: 35,075+ (3/23/2020)

  • Fatalities in the U.S.: 458+ (3/23/2020)

Miami-Dade County:

  • Miami-Dade County # Cases: 2900+ (3/27/2020)

  • BREAKING: Miami-Dade County and the City of Miami Beach have ordered all hotels, motels and short-term rentals to begin immediately shutting down and vacate their guests, with full-closure by 11:59 PM on Monday, March 23. (3/21/2020)

  • BREAKING: Miami-Dade Mayor Issues Executive Order Closing All Non-Essential Business (3/20/2020)

  • CONFIRMED CASES IN BRISTOL TOWER BRICKELL & SOHO BEACH HOUSE (3/19/2020)

  • Officials have ordered the closure of all restaurants, bars, movie theaters, concert houses, auditoriums, playhouses, clubs, gyms, arcades, bowling alleys, etc. which will go into effect 11 PM Tuesday. All grocery stores, pharmacies, take-out and delivery services will remain open at this time (3/17/2020)

    • All bars and nightclubs will be closed for 30 days.

    • Restaurants will only be able to operate at half capacity.

    • Exceptions granted if they have a capacity of 10 people or less.

    • Mayor Carlos Jimenez signed the emergency order, but remains in self-quarantine after being exposed to a Brazilian government official who tested positive following a visit to South Florida.

  • Miami-Dade Public Schools are now closed through at least April 15. (3/19/2020)

    • Miami-Dade Public Schools have closed this week and next. (3/16/2020)

  • Key Biscayne and North Miami Beach have implemented curfew between 10 PM and 5 AM (3/19/2020)

  • Officials have closed the beach from 5th to 15th Street, including Lummus Park.

  • All city parking garages are closed to non-residents.

  • In addition, all non-essential retail stores will be required to close at 10 p.m. daily. (3/16/2020)

    • Businesses excluded from this directive include: Pharmacies, grocery stores, convenience stores, private offices, banks, hotels, hospitals, medical service providers, medical supply stores, hardware stores, gasoline service stations and automotive supply and repair centers.

  • An entertainment district curfew will go into effect at 11 p.m.

  • All restaurants are asked to keep occupancy at 50% or less, and have under 250 people in each establishment at any given time.

  • Ultra Music Festival has been cancelled.

  • Miami Music Week has been cancelled.

  • ArtScape Concert has been cancelled.

  • The Miami Open Tennis Tournament has been cancelled. 

  • University of Miami & FIU have moved classes online until the end of the spring semester. (3/20/2020)

  • University of Miami Spring Commencement postponed until December. (3/20/2020)

  • The Hardrock Seminole Hotel & Casino has suspended entertainment operations. 

  • Calle Ocho Festival has been cancelled.

  • Mayor Francis Suarez has confirmed that he has COVID-19.

Broward County:

  • Broward County # Cases: 180+ (3/23/2020)

  • Broward County Public Schools are now closed through at least April 15. (3/19/2020)

  • Officials have closed the beach from Harbor Beach to Oakland Park Boulevard.

  • Restaurants and bars must close by 10 p.m.

  • Restaurants and bars are asked to operate at 50% capacity and have no more than 250 people at any time.

  • The Tortuga Music Festival, which was set to run from April 17-19, has been postponed.

  • The Wharf Fort Lauderdale is closed until further notice.

  • The listed measures will remain in effect until April 12.

Palm Beach County:

  • Palm Beach County # Cases: 59+ (3/23/2020)

  • Town of Palm Beach implements curfew until further notice from 9 P.M. - 6 A.M. (3/18/2020)

  • Palm Beach County Public Schools are now closed through at least April 15. (3/19/2020)

  • Beaches will be closed on Tuesday 3/17/2020

  • Nursing Homes and Assisted Living Facilities are closed to visitors.

  • Drive-through testing underway at FoundCare (2330 S. Congress Ave, West Palm Beach - call 561-967-0365 to see if you qualify and for appointments)

National:

  • BREAKING: The Federal Government has passed a $2.2 trillion stimulus package.

  • United States of America # Cases: 35,075+ (3/23/2020)

  • United States of America Fatalities: 458+ (3/23/2020)

  • Income tax filing deadline moved to July 15 (3/20/2020)

  • Foreclosures and HUD evictions have been halted for 60 days.

  • CDC recommends ban on gatherings of 10+ people. 

  • The Players Championship was cancelled & PGA Tour is suspended.

  • NBA, NHL, MLB and MLS have suspended their seasons. 

  • All ski resorts have closed.

In Affordable Housing, Brickell, Closed, Commercial, Community, Construction, Construction News, Downtown, Education, Fort Lauderdale, Hospitality, Hotels, Key Biscayne, Market Report, Miami Beach, Miami-Dade County, Multifamily, N Miami Beach/ Aventura, New Construction, News, North Miami, Palm Beach, Palm Beach County, PortMiami, Public Health, PSA, Restaurants, Retail, Senior Living, South Beach, Travel Tags COVID-19, COVID19, Coronavirus, Mayor Carlos Jimenez, Mayor Francis Suarez, Featured
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224 Bal Bay Drive, Bal Harbour Village, FL

224 Bal Bay Drive, Bal Harbour Village, FL

Douglas Elliman Releases Q1 2019 Market Reports For South Florida

April 26, 2019

Douglas Elliman released their Q1 2019 Market Reports in South Florida.The South Florida Market reports showed price trends generally edging higher, although sales slipped and inventory slightly increased this quarter. The markets included Miami Beach and Barrier Islands,Fort Lauderdale , Boca Raton, Highland Beach, Delray Beach, Wellington, Palm Beach, Jupiter, and Palm Beach Gardens.

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In Brokerage, Delray Beach, Fort Lauderdale, Market Insight, Market Report, Miami Beach, News, Palm Beach, Residential, Sales Update, Wellington, Jupiter, Broward, Luxury Real Estate, Luxury Homes, Palm Beach County, Boca Raton Tags Douglas Elliman, Market Outlook, Market Report, Market Insight, News, Palm Beach, Miami Beach, Fort Lauderdale, Broward, Palm Beach County, Boca Raton, Delray Beach, Wellington, Brokerage, Sales Update, Luxury Real Estate, Stephanie Warren, Residential
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