Florida
South Florida takes home sales hit in June as inventory swells
South Florida’s housing market was sluggish in June, as single-family home sales and even condominium sales were well off the mark from a year ago.
The “Elliman Report,” which analyzes home sales on a monthly basis, found June was a gut-punch for home sales for Palm Beach, Broward and Miami-Dade counties.
“Newly signed contracts declined annually for the fourth time as new listings have been added annually each month since September” in South Florida, per the report
Palm Beach County had the roughest June among the South Florida counties as there was a whopping 21.3% decrease in single-family home sales compared to June 2023. In raw numbers, that’s a drop from 347 home-sale contracts signed in June 2023 to 273 signed contracts closing on home sales a month ago.
Meanwhile, as home sales are dropping in Palm Beach County, the inventory on homes for sale is creating a glut in the market. The number of homes listed for sale in that county jumped to 1,016 in June, up from 865 a year ago, or a 17.5% increase.
Miami-Dade County fared a bit better in June, but not by much. There were 784 new signed single-family home contracts signed for sales in June. That’s a 17% drop from June 2023 when there 945 closed contracts on sales.
Miami-Dade is also seeing a glut in the market, with 958 new single-family home listings last month. That’s an 18.3% jump from a year ago, when there were 810 listings.
Broward County’s home sales slump was less dramatic, but still ended up in the negative side of the ledger. There were 417 closed contracts on single-family home sales last month, which is a 6.5% slide from a year ago when there were 446 homes sold.
The rush to list more houses for sale in Broward County was the most substantial in all the South Florida counties. There were 1,118 new homes listed for sale in June, a big jump over June 2023, when there were 862 new listings which is a staggering 29.7% increase.
Condominium sales were also hurting in South Florida in June. All three counties recorded at least a 26% drop in condo closed contract sales last month compared to June 2023.
The South Florida home sale slow-down is reflective of some other areas of Florida. The Northeast Florida Association of Realtors (NEFAR) released its monthly home sales report last week.
In a six-county area, there was a notable drop in sales for the First Coast in June. There were 1,097 total closed single-family home sales in Northeast Florida in June, a 14.7% decline from the 2,236 closed purchases in May 2023.
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Florida
SNAP benefits will be changing in Florida starting Monday
TAMPA, Fla – New SNAP restrictions will start Monday in Florida.
What we know:
These changes will ban the purchase of many sugary sodas, energy drinks, candy and ultra-processed, shelf-stable prepared desserts.
Hunger Free America, an advocacy group, is against these restrictions.
Joel Berg, the CEO, said some regulation is a good thing, but he wants to see it support access to healthy foods as a choice.
“We do support mandates to mandate that healthier food is available in stores that do accept SNAP,” Berg said. “So, it makes a lot more sense to make it easier to get healthier food.”
Berg said these restrictions are unnecessary in achieving a healthier America.
“We should make America healthier again by making healthy food more affordable, convenient and physically available,” Berg said. “We shouldn’t micromanage the eating patterns of adults to try to achieve that goal.”
The other side:
This is part of the Make America Healthy Again initiative.
U.S. Secretary of Agriculture Brooke Rollins said, “Under the MAHA initiative, we are taking bold, historic steps to reverse the chronic disease epidemic that has taken root in this country for far too long.”
What they’re saying:
Berg said that these changes, on top of cuts to the program nationwide, will increase hunger.
“It’s not that low-income Americans don’t want healthier food; it’s that they can’t afford healthier food,” Berg said.
This coincides with the announcement that there will be cuts to WIC, the Special Supplemental Nutrition Program for Women, Infants and Children, which supplies food to mothers and young children.
“President Trump’s budget just announced that he’s proposing taking away fruits and vegetables from the WIC program for pregnant women and children under five,” Berg said. “So, they’re taking away healthier food.”
The WIC cuts would take away $1.4 billion in fruit and vegetable benefits from 5.4 million people.
Big picture view:
The SNAP changes come as part of the MAHA movement and include more than 20 other states that will implement changes over the next two years.
The Source: Information in this story comes from WIC, SNAP and interviews done by Fox 13’s Danielle Zulkosky.
Florida
GALLERY: Barrett-Jackson ‘Super Saturday’ takes over South Florida Fairgrounds
WEST PALM BEACH, Fla. (CBS12) — The engines are revving for one final day of high-stakes bidding and family fun at the South Florida Fairgrounds.
Barrett-Jackson’s Palm Beach auction reaches its grand finale today with an action-packed “Super Saturday” lineup, promising to close out the weekend with a full slate of collector car sales, live entertainment, and fan attractions.
“Super Saturday,” presented by Seminole Casino Coconut Creek, officially kicks off at 8 a.m. when gates, food courts, and the exhibitor marketplace open to the public.
What to expect
- 8:00 a.m. – 11:00 a.m.: The Fantasy Bid presented by Dodge begins early, running in tandem with the automobilia auction in the arena.
- 9:00 a.m. – 5:00 p.m.: Thrill-seekers can catch Dodge thrill rides on the Barrett-Jackson Performance Track.
- 10:00 a.m.: New amenities open to the public, including the Stella Artois, Staging Lanes, and Food Court patios, which offer shaded seating and auction views.
- 10:45 a.m.: The national anthem will be performed in the auction arena, signaling the start of the main collector car auction at 11 a.m.
- Afternoon Entertainment: DJ sets run from noon to 5 p.m. across the various patios, and a detailing clinic by Adam’s Polishes is scheduled for 2 p.m. near the South Showcase.
For those unable to attend, the whole event will be livestreamed throughout the day on the Barrett-Jackson website and the HISTORY channel from 11 a.m. to 6 p.m.
Today’s finale comes on the heels of a high-energy Friday that saw significant sales and notable celebrity interest.
Star power was evident throughout the day, particularly with vehicles tied to the Busch family. A 1957 Ford Thunderbird Convertible owned by Samantha Busch and a 1969 Oldsmobile 442 Custom Coupe were among the day’s heavy hitters, each fetching $159,500. Kyle Busch’s 1956 Chevrolet Bel Air Custom Coupe also drew a strong bid, selling for $143,000.
Other Friday highlights included:
- 1968 Ford Mustang Eleanor Replica: $137,500
- 2004 Dodge Viper SRT-10 Mamba Edition: $132,000
- 1972 Chevrolet K5 Blazer Custom SUV: $126,500
- 1957 Ford Thunderbird Custom Convertible: $121,000
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With a festival-style atmosphere and high-profile sales driving momentum, organizers expect a busy crowd for the final push at the auction block today.
Florida
Bodycam captures life-saving rescue of choking baby by Florida deputies
ORANGE COUNTY, Fla. (CBS12) — A quiet Monday turned into a frantic race against time when a deputy stepped in to save a choking 1-year-old’s life.
According to the Orange County Sheriff’s Office, deputies responded to a call about a 1-year-old baby choking. Upon arrival, the responding deputy performed life-saving procedures to help the child breathe again.
See also: Two arrested after 6-year-old arrives at Florida school with bruises, deputies say
Body camera video shows a deputy holding the baby, flipping it over on its stomach, and beginning to pat the baby’s back.
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When the baby begins to cry, the deputy is heard saying, “he’s good.”
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