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South Florida home sales end 2025 on an upbeat note

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In the final Elliman Report for 2025, home sales in two South Florida coastal counties ticked up year over year, while Miami-Dade County’s housing market remained sluggish.

The Elliman Report’s monthly analysis showed Broward County saw a significant jump in houses sold in December compared to a year prior. There were 293 new signed contracts for home transactions in Broward in December. That’s up by 54.2% over the 190 homes sold in that county in the same month for 2024.

While the year-to-year growth was robust, the month-to-month comparison reflected the general and traditional slowdown in the housing market in the waning weeks of the year. December’s total was a 24% drop from the 387 single-family homes sold in Broward in November.

Broward had the most notable annual increase in housing sales in South Florida in December. Elliman analysts noted that Broward snapped out of a lagging market for much of the back half of 2025.

“New signed contracts surged annually over the past four months, finally outpacing the growth observed in Palm Beach County to the north. New listings have grown more slowly than new signed contracts since the early fall,” Elliman analysts concluded.

While Palm Beach County may not have met the pace of sales in Broward, the county still posted solid numbers in December. There were 288 single-family home sales last month for Palm Beach County, a 22% jump from December 2024’s figure of 236 homes sold. But the December figure also represented a month-to-month decline in Palm Beach. There were 321 signed closings on houses in November.

Miami-Dade County continues to lag in home sales in South Florida, as it had for much of 2025. There were 401 homes sold in Miami-Dade in December, down by 30.5% from the 577 single-family houses sold in that county in December 2024. Last month’s home sales were only slightly down in the monthly comparison, with 406 homes sold in November.

Condom sales in South Florida, which were sluggish for most of 2025, showed some signs of improvement. Broward County fared the best last month with 347 condos sold, up by 42.8% from December 2024’s figure of 243.

Palm Beach County showed a slight improvement with 256 closed sales last month, up by 3.2% from December 2024’s tally of 248.

And Miami-Dade, as with housing sales, continues to struggle with weak condo transactions. There were 385 condo closings in December, down by 35.3% from the 595 sold in December 2024.



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Gov. DeSantis awards $168M to rural communities for infrastructure improvements

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The state is giving nearly $168 million to small and rural counties, primarily to improve infrastructure in areas hit hard by hurricanes last year, Gov. Ron DeSantis said.

One of the biggest winners was Taylor County in the Big Bend region, which will receive $36 million out of the Community Development Block Grant Disaster Recovery and the Rural Infrastructure Fund. Taylor will get $4.9 million for a special needs ceremony, the Governor highlighted.

The city of Perry in Taylor County, will receive $12 million for a new parallel treatment train, $8.5 million to replace current wastewater infrastructure, and $4.5 million to create an independent water source, according to DeSantis.

Meanwhile Doctors’ Memorial Hospital in Perry will receive $4.4 million to install a facility emergency power system, replace the phone and communication system and modernize the facility’s water treatment system.

“All these different things, huge for Perry, Taylor County Commissioners,” DeSantis said.

Cross City will get $32 million to build a new waste water treatment plant and another $5.7 million to upgrade stormwater drains.

The Governor said $7.3 million is earmarked to construct and harden the Cedar Key Water and Sewer District potable water system, while $4.5 million is for the Big Bend Water Authority to repair and replace critical water mains in Steinhatchee

Other grants ranged from $100,000 up to a few million dollars.

“Every single one of these grants is a partnership and a relationship with a community, if not several partners in that community,” FloridaCommerce Secretary Alex Kelly said while speaking next to DeSantis.

DeSantis joked that he was awarding so many grants, it was impossible for him to bring his giant ceremonial mock checks that he normally hands out at press ceremonies.

“There’s too many awards,” DeSantis said. “I’d be taking pictures until dinnertime. I can’t, I’ve got to get back. I’ve got meetings.”

At Wednesday’s press conference, DeSantis made splashier political news by announcing he plans to call an April Special Session on congressional reapportionment. DeSantis also teased another Special Session focused on eliminating property taxes.



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Canadians are getting jitters about owning property in Florida and other states

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Many Canadians are considering selling Florida homes, while fewer are looking to buy in the U.S.

Canadian snowbirds have long owned property throughout the Sunshine State. But two prominent real estate analysis firms say more Canadians are looking to sell their properties in the U.S. due to growing tensions between the countries.

Royal LePage and Realtor.com have released new analyses showing the trend. Royal LePage recently concluded a study that showed 54% of Canadians who currently own residential property in America say they’re planning to sell those homes within the next year. Out of those, 62% say President Donald Trump’s administration is the main reason they are looking to sell.

Phil Soper, President and CEO of Royal LePage, said perceived antagonism from the U.S. is contributing to Canadians souring on owning property in the U.S.

“The polarizing political climate in the United States is prompting many Canadians to reconsider how and where they spend their time and money. Canadians have been the most important foreign investors in America’s residential real estate market for years, and a significant wave of property sales would leave a noticeable mark on the regional economies that snowbirds support,” Soper said.

“Places like Florida, Arizona and California stand to lose millions in economic activity each year — and thousands of neighbors — if Canadian owners pull their capital from U.S. housing markets.”

Realtor.com analysts say trade tariffs imposed by Trump’s administration have directly impacted Canadians who own U.S. property. Data from the real estate company indicates that Canadians looking for U.S. property declined 4.5% from the third quarter of 2024 when compared to the same time frame in 2025.

“This retreat coincided with the period during which the U.S. imposed a series of tariffs on Canadian goods, sharply adjusting prior trade relations with the neighbor to the North,” said Realtor.com economist Jiayi Xu.



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Marco Rubio offers threefold plan for future of Venezuela, including release of political prisoners

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Secretary of State Marco Rubio is laying out a “threefold process” to make Venezuela’s government secure going forward.

He spoke to press after detailing the plan to Congress, and as Florida lawmakers call for the release of political prisoners incarcerated under deposed President Nicolás Maduro.

“Step one is the stabilization of the country. We don’t want it descending into chaos,” Rubio told press after briefing lawmakers. “Part of that stabilization, and the reason why we understand and believe that we have the strongest leverage possible, is our quarantine.”

Even before Maduro was arrested in an overnight raid last weekend, the U.S. ordered a quarantine of all oil being shipped out of Venezuela in violation of sanctions, as reported by Reuters. U.S. Southern Command on Wednesday morning announced the capture of a Venezuelan tanker in the Caribbean by the U.S. Coast Guard. Rubio announced another ship was also captured the same day.

Rubio said the U.S. will control the flow of the crude now.

“We are in the midst right now, and in fact, about to execute on a deal to take all the oil. They have oil that is stuck in Venezuela,” Rubio said. “They can’t move it because of our quarantine and because it’s sanctioned. We are going to take between 30 and 50 million barrels of oil. We’re going to sell it in the marketplace at market rates, not at the discounts Venezuela was getting.”

He said under U.S. control, the profits will be disbursed in a way that benefits the Venezuelan people, not the Maduro regime. On the horizon, Rubio wants to see a return to legitimate economic activity.

“The second phase will be a phase that we call recovery, and that is ensuring that American, western and other companies have access to the Venezuela market in a way that’s fair,” he said.

He also wants to “begin to create the process of reconciliation nationally within Venezuela, so that the opposition forces can be amnestied and released and from prisons or brought back to the country, and begin to rebuild civil society.”

That is an especially important goal to several lawmakers in Florida, a state home to 49% of Venezuelans living in the U.S.

U.S. Rep. María Elvira Salazar, a Coral Gables Republican, posted messages on social media several times on Wednesday demanding Venezuela Interim President Delcy Rodríguez release individuals from custody.

“For decades, the Venezuelan regime has imprisoned, tortured and disappeared dissidents. From (Hugo) Chávez to Maduro, political prisoners have been used as weapons of terror to silence an entire nation,” Salazar posted on X.

“Delcy Rodríguez must FREE all political prisoners IMMEDIATELY. The United States will not stand idly by while the Venezuelan regime continues to imprison and torture innocent people. FREE THEM ALL. NOW.”

Rubio said the final phase in Venezuela will be a transition, which could overlap with reconciliation and recovery.

He said operational details of current efforts in Venezuela could not be discussed for “obvious” reasons related to national security.



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