London Home Prices to Remain Stalled for Years, Economists Say

Wednesday Aug 23rd, 2017


Economists have bad news and good news for London’s home sellers: prices will probably be stuck in neutral for some years, courtesy of Brexit and a shaky economy, but a serious crash still looks unlikely. Ten out of 14 economists surveyed by Bloomberg News cited political and economic uncertainty as a reason prices are stalling while seven said tax changes for landlords were at fault. Only six attributed the slowdown to affordability issues in a market where prices have almost... [read more]

Miami still the most expensive city to rent an apartment in South Florida: report

Tuesday Apr 18th, 2017


Miami is still the most expensive South Florida city to rent a one-bedroom apartment, according to a new report from Zumper. In March, a one-bedroom cost the average renter $1,800 a month in the city of Miami, followed by Miami Beach at $1,700 and Boca Raton at $1,630. Miami has consistently ranked as the ninth-most expensive city for renters, according to the online apartment search platform. Just last week, Florida East Coast Realty topped off Panorama Tower, an 821-unit mixed-use... [read more]

SunTrust: South Florida businesses are confident about local economy and expect growth

Thursday Mar 23rd, 2017


Nearly 90 percent of South Florida's small- to mid-sized business feel confident about the overall strength of their companies, according to SunTrust's annual Business Pulse Survey released this week. The survey, in which more than 500 small and mid-sized business participated, shows that South Florida's small businesses are overall bullish on growth and the local economy. The findings come as nationally nearly two-thirds of business leaders expect the global and U.S.... [read more]

Boynton Beach to consider proposal for apartments, retail and hotel on Federal Highway

Monday Mar 20th, 2017


  Boynton Beach officials will consider plans for the mixed-use Ocean One project along Federal Highway/U.S. 1. Ocean One Boynton LLC, an affiliate of Washington, D.C.-based Washington Real Estate Partners, wants to rezone the 3.63-acre site at 114 N. Federal Highway to allow 358 apartments, 12,075 square feet of commercial/retail, a 120-room hotel and 439 parking spaces. The property runs along the highway from Boynton Beach Boulevard to Ocean Avenue. It is not along the water,... [read more]