Author: Florida Real Estate News
Cash Buyers Dominate Southeast Florida Condo Market in April 2025 Key Insights on Cash Buyer Trends Southeast Florida’s condominium and townhome market has shown robust activity, particularly among cash buyers. As of April 2025, cash transactions represented more than 50% of sales in the region, significantly outpacing the national average of 25% for all-existing homes. Cash Sales Breakdown County-wise Overview: Miami-Dade County: 52% Broward County: 57% Palm Beach County: 64% Martin County: 71% St. Lucie County: 54% In million-dollar property sales, cash buyers made an even greater impact, totaling over 65% of sales in April 2025: Miami-Dade County: 67% Broward…
Miami-Dade Brothers Face Serious Sexual Assault Charges MIAMI-DADE COUNTY, Fla. — A storm of allegations has erupted against three brothers, Oren, Alon, and Tal Alexander, known for their connections to both Miami Beach and luxury real estate markets in New York. The brothers are currently facing multiple state and federal charges linked to sexual assault claims that date back several years. Court Proceedings Reveal Disturbing Allegations On Thursday, Oren and Alon Alexander appeared in court, dressed in distinctive green anti-suicide vests typically worn by high-profile inmates. Prosecutors presented grave charges, noting the seriousness of the accusations, which include sexual battery…
Pompano Beach Duo Arrested for Alleged Money Laundering and Prostitution Enterprise Overview of the Arrest In a significant law enforcement operation in Pompano Beach, Florida, Christopher "Chris" Jelavic, 48, and his mother, Margareta von Lambert, a 70-year-old real estate broker, were arrested on charges of money laundering and deriving support from the proceeds of prostitution. The Broward County Sheriff’s Office (BSO) conducted a thorough investigation that uncovered a complex scheme involving their real estate businesses and connections to the local sex industry. Key Findings of the Investigation Detectives detailed their findings in a comprehensive 100-page arrest warrant. Notably: Incriminating Conversations:…
Navigating Homeownership Challenges for Moderate-Income Workers Finding affordable housing remains a significant challenge for many moderate-income families in the U.S., particularly for public school teachers and other essential workers. High interest rates and competitive markets often create barriers that seem insurmountable. Overcoming Obstacles to Homeownership Success Stories: Julia and Scott Whitnall Julia and Scott Whitnall exemplify resilience in the face of these challenges. Moving to Ripon, California, they recently purchased a two-bedroom house for $509,000. With a combined income of $140,000, the Whitnalls faced several hurdles, including: High Home Prices: Limited inventory and rising costs made finding an affordable home…
markdown Email Sign Up For Our Free Weekly Newsletter West Palm Beach Dominates All-Cash Residential Purchases in 2025 In a remarkable trend for real estate enthusiasts, the Miami Association of Realtors has reported a positive uptick in Palm Beach County’s housing market. In January 2025, total home and condo sales in the area rose by 3.3%, increasing from 1,444 to 1,491 transactions. This growth is primarily driven by: Single-Family Homes: Sales surged by 4.81%, climbing from 811 to 850 properties sold. Condominium Sales: A modest increase of 1.3%, with transactions rising from 633 to 641. Ginenne Boehm, President of the…
Hillsborough County Public School Tax Referendum: A Critical Investment in Education Focus Keyword: Hillsborough County Public Schools When it comes to shaping the future of a community, few factors are as influential as the quality of its public school system. In light of this, voters in Hillsborough County face an important decision regarding a supplemental tax aimed at increasing teacher salaries and improving educational outcomes. Here’s why supporting Hillsborough County Referendum No. 2 is essential for the future of our schools. What is Hillsborough County Referendum No. 2? Hillsborough County Referendum No. 2 proposes a property tax increase specifically designated…
Shifts in Buyer Origins: A Look at International Interest in U.S. Real Estate Overview of International Interest In Q1 2025, the landscape of international interest in U.S. real estate experienced significant shifts. While Canada continues to be the leading source of foreign traffic on Realtor.com, its share has notably decreased, dropping from 40.7% in Q1 2024 to 34.7% in Q1 2025. This decrease aligns with growing diplomatic tensions and the imposition of U.S. tariffs on Canadian goods. Declining Canadian Interest Key Statistics: Naples, Florida: Canadian views plummeted by 13.5 percentage points, from 73.1% to 59.6%. North Port, Florida: A drop…
Florida Lawmakers Eye Potential Elimination of Property Taxes Amid Soaring Homeownership Costs As Florida grapples with skyrocketing housing prices, lawmakers are exploring the possibility of eliminating property taxes—a move that could drastically reshape the state’s fiscal landscape. With median home prices in some metro areas tripling or quadrupling since 2012, homeownership has become a daunting challenge for many Florida residents. The Push for Tax Reform Governor Ron DeSantis has emerged as a leading voice in the call for real estate tax reform. In a recent State of the State address, he expressed frustration over the existing property tax system: “Is…
Discover Luxury Living at Marina Pointe in Tampa, Florida Tampa, Florida’s West Coast gem, is becoming an increasingly popular destination for luxury real estate, particularly among buyers from Latin America. With its stunning waterfront properties and vibrant urban lifestyle, Tampa is a top choice for those seeking an upscale living experience in the United States. One standout option is Marina Pointe, a premier waterfront condominium offering an exceptional standard of luxury living. Why Choose Marina Pointe? Located on picturesque Tampa Bay, Marina Pointe is a luxurious condominium community that reflects the allure of Florida’s coastal living. Here’s why it’s drawing…
Divina Carne: An Upscale Brazilian Steakhouse Set to Open in Orlando Divina Carne, a renowned Brazilian steakhouse originating from Cancun, Mexico, is set to launch a second location in Orlando this year. Known for its upscale dining experience, this new establishment aims to compete with some of Central Florida’s finest restaurants, not just in quality but also in exceptional service. A Culinary Journey from Cancun to Orlando Background of Divina Carne Origins: The restaurant began its journey during the challenging times of the 2020 pandemic, quickly gaining popularity. Originally founded in Costa Rica, the owners aimed to perfect the concept…