South Florida’s housing market may not be as frenzied as it was a few years ago, but the February figures show that sellers are still winning the price fight. Median prices for existing, single-family homes increased last month in Palm Beach, Broward and Miami-Dade counties, nudged higher by a shortage of homes for sale that limits the leverage of buyers. Palm Beach County’s median price was $315,000, up 7 percent from February 2016, the Realtors Association of the Palm... [read more]

Expect to see plenty of grand openings at apartment communities across South Florida this year. Thousands of units under construction for the past two years are scheduled to hit the market in the coming months, giving weary renters more choices, though landlords are still likely to be calling the shots on price, analysts say. Developers this year are due to complete 15,551 units in Palm Beach, Broward and Miami-Dade counties — a 48 percent jump from 2016 and a 62 percent hike from... [read more]