Vero Island Brokers Say 2026 Off To Roaring Start

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Local agents say a sharp rise in buyer activity during the first quarter has fueled significant gains in both contracts and closings, signaling renewed confidence in the high-end coastal market. Activity has been broad-based, with properties ranging from modest condominiums to luxury homes changing hands.

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Miami Renters Spend More Of Their Paycheck On Housing Than Anyone Else In U.S.

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A recent report compared median annual rent with median household income across 182 cities nationwide. Miami ranked last for affordability, with renters dedicating about 33.77% of their income to housing.

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At Surfside Collapse Site, Big-Name Planned Project Hasn’t Sold A Single Condo

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Damac Properties, the Dubai-based developer that purchased the property, has not sold a single unit at its planned luxury condo building, known as Delmore Surfside condo project. The redevelopment has remained controversial, as some community members had hoped the site would instead become a memorial.

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Miami-Dade Losing Residents, And Gaining A Dangerous Kind Of ‘Success’

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High housing prices, low wages, and other financial pressures are driving Miami-Dade residents away. The result is a concentration of wealth: higher-income individuals are moving in, while lower-wage workers are moving out, and overall population growth is beginning to stall. That’s not a healthy trajectory for long-term economic stability.

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Tech Firm Takes 92K Square Feet In Coconut Grove In One Of Year’s Top Office Leases

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The company, Iru—an IT security and management platform formerly known as Kandji—leased approximately 78,000 square feet at 3390 Mary Street and an additional 14,000 square feet at 2901 Florida Avenue. Both properties are part of the Mayfair in the Grove mixed-use complex. South Florida’s office market continues to gain momentum as new companies enter the region.

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