South Florida counties face a medium overall risk of housing damage from natural hurricanes, tornadoes and earthquakes, according to a new report from RealtyTrac that assigns natural disaster risk scores to every U.S. County.
Developer Atlantic | Pacific Communities broke ground on the 7th Avenue Transit Village Project in the Liberty City neighborhood of the City of Miami.
A report from Axiometrics found that rent hikes in Miami-Dade, Broward and Palm Beach counties are among the top 25 for the nation’s urban counties, although rental rate increases varied significantly between neighborhoods.
CBRE’s Multi-Housing Private Capital Group predicts strong sale activity and stable cap rates in South Florida during 2014.
The latest numbers from the U.S. Bureau of Economic Analysis show that wages in the two counties grew faster than the national average through the third quarter of 2013.
That’s way up from the city’s historical average of just more than 25% between 1985 and 2000.