Market Updates

Rent collection is softening in Miami, according to the National Multifamily Housing Council. Apartment rent collections during the coronavirus pandemic are unfolding as a deterioration rather than a collapse that some industry executives expect to keep worsening in coming months. Learn more here: Article...

Delray Beach Market...

"More promising news for Palm Beach County! We are starting to see the housing market move towards normalcy. Although real estate was quickly deemed essential early in the pandemic, the virus did play a role in our numbers. Most would assume that the market would be derailed after months of social distancing, but new statistics point to a v-shaped recovery. There were 1,478 closed sales in June, which...

“Promising news for Palm Beach County! Despite the pandemic, real estate market values are holding steady at $365,000. Most would assume that the market would be derailed after the past few months, but this just goes to show how resilient our county is. If you’re looking to sell, there are also fewer competing properties right now and fewer days on market. Meanwhile, we did see a decrease in closed...