May 2022 - Rava Realty

Miami Now Wants To Host The Soccer World Cup Final In 2026

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Miami is now making a push to host the World Cup final in 2026, according to the Palm Beach Post.

Tom Garfinkel, the Miami Dolphins CEO who has brought Formula 1 racing and the Miami Open tennis tournament to Hard Rock Stadium, is behind the effort.

According to Garfinkel, FIFA is impressed with Hard Rock, and they “understand the importance of Miami as a global city and as ...

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Miami April 2022 New Signed Contracts

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“Newly signed contracts for single families declined month over month for the first time in 2022. In addition, condo new signed contracts fell for the second time. However, the jump in mortgage rates took some of the edge off of still elevated demand, enabling seasonal expansion of new single family listings.”

(data source: millersamuel.com)

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The Great Rental Market Comeback

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There were 4,494 New Lease Signings in Manhattan in the month of April -50.5% compared to the same period last year, but that was due to the distortion of surging inbound activity last year as the market woke up post pandemic.

Bidding Wars accounted for more than one in five new lease signings, with a 21.3% market share and a 10.7% average premium above the landlord’s last asking price.

The Median Rental Price was $3,925, up +31.9% from April 2021, ...

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