pandemic Archives - Page 2 of 4 - Rava Realty

Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

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Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

It’s getting difficult to get a reservation at certain restaurants in Miami as new residents continue to flood into the area.

Restaurants from New York and all over the country are lining up to open in Miami, as they try to capitalize on the great migration here that has been accelerated by the pandemic, both outlets reported.

One restaurant broker said that he has been contacted by 150 different groups in the past 60 days alone looking for space ...

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Hotels In Miami Are Performing Better Than Any Other Major U.S. Market During Covid

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Hotels In Miami Are Performing Better Than Any Other Major U.S. Market During Covid

Occupancy for the month of January was 54.5%, with an average daily room rate of $195.08. Both were the highest of any major market in the U.S. for the month.

In February, Miami continued to post the best number in the U.S.Occupancy was up to 75.8% in the third week of the month.

According to Travel Weekly, oceanfront hotels are doing particularly well, with most beach resorts reporting 80% to 90% on weekends. The numbers are particularly encouraging since ...

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Flight to Florida? Data show few Manhattanites moved permanently

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Flight to Florida? Data show few Manhattanites moved permanently

Headline after headline made it seem like half of Manhattan had moved to Florida for good.

Reality check: Only a small percentage of Manhattanites relocated permanently to Florida last year. And as vaccinations amp up, many might be returning — or changing their plans to move in the first place, according to Bloomberg News.

Only 2,246 people filed a permanent address change from Manhattan to Miami-Dade County last year, while 1,741 went to Palm Beach County.

Still, even a ...

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Florida Saw The Second Highest Population Growth Of Any State Over The Past Year

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Florida Saw The Second Highest Population Growth Of Any State Over The Past Year

In just a single year ending in 2020, Florida’s resident population increased by 241,256, the agency said.

The data covers changes between July 2019 and July 2020. The figures were released on December 22.

Next year, those numbers could rise even faster as a result of thepandemic.

In the second half of the year, Miami’s real estate market rose to a new record high, with analysts saying that migration trends to Florida were accelerating as a result of covid-19.

(source: ...

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The COVID effect: The surprising impact of the pandemic on Miami-Dade real estate

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Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemichave all had an unexpected impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.

COVID-19 has turned out to ...

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Unemployment fell as workers returned to their jobs that were lost during lockdown.

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Unemployment fell as workers returned to their jobs that were lost during lockdown.

Hiring rose for the fourth straight month, though at the slowest pace since the U.S. economy began to spring back from April shutdowns.

Nonfarm payrolls increased 1.4 million in August, the Labor Department said Friday, matching economists’ expectations and following gains of 2.7 million, 4.8 million, and 1.8 million in May, June and July, respectively. The temporary hiring of 238,000 Census 2020 workers helped boost payrolls.

The U-3 unemployment rate, meanwhile, dropped to 8.4% from 10.2% in July. The decline was much ...

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