Miami-based Real Estate giant to keep main leadership position within the family

Courtesy: Image by skeeze from Pixabay The Related Group, a Miami-based real estate agency established in 1979, announced that Jon Paul Pérez will be the company’s new president. Jorge Pérez, the former president of the company, is passing down the head position to his son but is still retaining his position as chairman and CEO,

Florida single-family housing boom: What’s driving it?

Courtesy: Shutterstock. Image by: Andrey_Popov Amid a worldwide pandemic and a struggling economy, Florida real estate is witnessing a single-family housing boom in some of the state’s most unprecedented times. According to market data from Florida Realtors, single-family home sales surged 8.8% in August when compared to the same time last year in 2019. For

Military defense supplier Sparton relocates Corporate HQ to Florida

Courtesy: Sparton Corporation website Sparton Corporation, a leading defense supplier for the U.S. Navy and defense industry, announced via press release that it would be relocating its corporate headquarters from Schaumburg, IL to De Leon Springs, FL. The defense supplier specializes in “pure-play” defense supplies and complex maritime electronic mechanical systems: namely the development of

Study Finds Florida Leasing Its Turnpike Could Save the State Billions

Central Florida Expressway Authority – EPASS – SunPass Toll Sign, due to covid-19, sign shows: “Keep Driving Pay Later” as seen on March 21, 2020 in Orlando, Florida, USA. Photo and Caption: Cari Rubin Photography/Shutterstock.com In a recent study published Tuesday, August 25 by The Reason Foundation, which publishes Reason magazine, said taxpayers would, for

Florida Mall Temporarily Closed for Protests in Support of Victim of Police Shooting

The Florida Mall dining pavilion entrance in January 2018. Photo:The Florida Mall | Google Images The Florida Mall is closing its doors until further notice following plans for a large protest in support of Salaythis Melvin, a man killed during a fatal shooting with a police officer. The 22-year-old man was shot and killed by

Florida Ranked No. 1 for Foreign Home-Buying for 12th Straight Year

The Miami skyline and architecture at sunset. Image by MustangJoe from Pixabay Florida has ranked number one in most foreign buyers of private property in the entire United States for the 12th year in a row, according to Miami Agent Magazine. For us here in Florida and more specifically in Miami it comes as no

State-Backed Citizens Property Insurance Expects to Get 30,000 New Policies

Fountain pen and a property/liability claim form on a clipboard waiting to be completed, filled and signed by a policyholder or insured person. Photo and Caption: William Potter/Shutterstock.com Florida’s Citizens Property Insurance Corp. revealed they are expecting to have an increase of approximately 30,000 new policies in 2020. This is according to Citizens Insurance President

The Future of Florida’s Property Taxes and Property Values

Construction cranes on large buildings being erected in downtown Tampa Channelside district, seen in aerial panoramic views, March 20, 2020. Photo and Caption: TetKabrit/Shutterstock.com As the state economy tries to bounce back from closures due to the coronavirus pandemic, many Floridians are worried about how the housing market will be affected in 2020 going into

Vacation Rentals in Florida Could Reopen Again Very Soon

Image by Paul Brennan on Pixabay According to Ron DeSantis, vacation rentals that were ordered to close down due to the coronavirus pandemic may be able to open up again soon, pending they submit requests to the governor before reopening the vacation rentals. The Florida governor made the announcement on Friday, May 15 via The

Florida Housing Prices Are Not Expected to Drop During COVID-19 Pandemic

A home for sale in St. Augustine, Florida, USA. Photo: Paul Brennan/Shutterstock.com Housing prices aren’t expected to drop significantly during the COVID-19 pandemic.  The group Florida Realtors says that’s because builders have been cautious since the last recession. They’ve built fewer homes, and Florida has a statewide shortage. Florida Realtors’ Chief Economist Brad O’Connor says