South Florida Is Setting Records For Condo, Home Sales as Tech and Finance Companies Migrate
"The sustained home sales growth speaks to domestic and global companies relocating to Miami to launch headquarters in tech and finance and bringing high-paying jobs; increased and continued migration to Miami from high-tax, high-density cities; and how this new-normal-work-from-anywhere ability boosts the allure of South Florida," said MIAMI I Association of Realtors chairman Fernando Arencibia Jr.
January 21, 2022 at 01:59 PM
2 minute read
Real Estate News
Miami-Dade County ended 2021 with the biggest month of real estate sales in its history as it set records for the most December condo transactions, total dollar volume and highest annual total home and single-family home sales.
That's according to the MIAMI Association of Realtors and the Multiple Listing Service, which found homebuyers accounted for a nearly 50% increase from 2020 in existing total home sales.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
830 Brickell is Open After Two-Year Delay That Led to Winston & Strawn Pulling Lease
3 minute read
Miami Lawyers Beat Other Local Sectors, Attorneys Elsewhere in Office Usage
3 minute read
'Would've Been Snoring Without Ya': Fort Lauderdale Jury Awards $4.5 Million in Condo Investment Spat
4 minute readTrending Stories
- 1'The Court Will Take Action': Judge Upbraids Combative Rudy Giuliani During Outburst at Hearing
- 2Attorney Sanctioned for Not Exercising Ordinary Care: This Week in Scott Mollen’s Realty Law Digest
- 3$1.9M Settlement Approved in Class Suit Over Vacant Property Fees
- 4Former Wamco Exec Charged With $600M 'Cherry-Picking' Fraud
- 5Stock Trading App Robinhood Hit With Privacy Class Action 1 Month After Alleged Data Breach
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
