Florida Trend Real Estate
Evictions return to Florida despite CDC order
Evictions return to Florida despite CDC order
The nationwide moratorium ordered by the Centers for Disease Control was supposed to protect renters who have lost work from the pandemic. After it was announced, Gov. Ron DeSantis allowed Florida’s eviction moratorium to lapse at the end of September, saying it would avoid confusion over which order was in force. But court records show that the federal order has failed to protect renters in Florida — including hundreds of Tampa Bay families — from losing their housing. More from the Tampa Bay Times ad NBC Miami.
Winter real estate market forecast is anything but cold
National Association of Realtors (NAR) Chief Economist Lawrence Yun recently spoke at the association’s virtual 2020 Realtors Conference & Expo, during a forum on “Residential Economic Issues & Trends.” Noting that 2020 had been a year of surprises, Yun said particularly surprising was the strength of the housing market during a global pandemic. [Source: Florida Times-Union]
Downtown Jacksonville will soon have apartments and Airnb rentals made from shipping containers
The 18 shipping containers stacked on a downtown Jacksonville lot have been lifted, loaded, unloaded, packed and unpacked on journeys from one port to the next, so it's fitting that half the residences being built out of the containers will be used for people on the move in Airbnb rentals. That's the plan for the containers after JWB Real Estate Capital finishes combining them into a three-level complex of residential units in the 400 block of Ashley Street in downtown's Cathedral District. [Source: Florida Times-Union]
‘Miracle Mile is sick.’ Coral Gables looks to redevelopment to save iconic street
Looking to rejuvenate an ailing Miracle Mile, Coral Gables commissioners say they’re ready to embrace a zoning tweak that could carry big repercussions for one of South Florida’s most iconic streets: significantly easing rules that require on-site parking in new construction on the strip. The measure, a small piece of a wide-ranging update of the Gables’ famously strict zoning code, could pave the way for extensive redevelopment of the Mile, the city’s premier shopping street. [Source: Miami Herald]
Nearly 1,000 people are moving to the Sunshine State every day. “It is overwhelming the amount of people who are flocking to Central Florida,” said Veronica Figueroa, who runs The Figueroa Team, the exclusive partner of Zillow for Central Florida who also handled the Cunninghams’ purchase. She said she hears from thousands of prospective out-of-state buyers from as far as California who are motivated by the climate, affordability, walkability and the pandemic’s work from home lifestyle. [Source: WFTV]
› St. Pete’s Kerouac House has a new owner who will preserve its history
For the first time ever, the house at 5169 10th Ave N. in St. Petersburg has a long-term owner who is not Jack Kerouac or a member of the beatnik author’s family. But the new owner’s plan for the house where Kerouac lived from 1965 until he died in 1969 is still undecided — other than to preserve and make it accessible to the public.
› Lennar Corp. pays $29 million for Homestead land parcel to build homes and townhouses
Lennar Homes, the home-building arm of the Doral-based real estate development giant Lennar Corp., has paid $29 million for a 40-acre, two-parcel lot in Homestead at 28600 SW 132nd Ave., three blocks east of the Florida Turnpike at the Biscayne Drive intersection and near the Homestead Air Reserve Base.
› Ponte Vedra real estate professionals help area’s homeless
A “Thanks In Giving” warm clothing collection for the homeless came just in time as temperatures drop in the area. The successful effort was conducted Thursday, Nov. 19, by Realtors and associates of Coldwell Banker Vanguard Realty at Ponte Vedra Beach. An abundance of coats, scarves, hats, winter clothing and blankets was collected for Mission House, which serves the homeless of the Beaches area. In addition, $250 was raised during the event and will be given to Mission House to assist in its ongoing efforts.
› Developer introduces new senior living model
After some five decades in real estate, mostly multifamily, Larry Lieberman thought he’d finally seen it all in the business. Then, in the planning stages of one of his latest residential projects, The Floridian Club of Sarasota, someone on his team suggested they turn a 200-square-foot room at the edge of the main clubhouse into a grooming station for resident’s dogs. Lieberman initially balked at the idea.
Previous Real Estate Updates:
- Buyers' income rises along with home prices
- Florida housing market most susceptible of a downturn in a recession
- 27, not 17, Florida insurers marked for downgrades. Officials warn of havoc for homeowners
- Florida ranks among top 10 states of America's most stable housing markets
- Florida real estate prices grew this spring but housing market is getting a wakeup call
- High demand for industrial warehouse space in Polk County remains strong
- Can pandemic-proof housing market restore investor confidence and revive flagging stocks?
- Mortgage demand at 22-year low as interest rates climb