Billionaire William Lauder Secures Buyer for Record-Breaking Palm Beach Lots


A major real estate deal is under way in Palm Beach County, with a buyer lined up for billionaire William Lauder's 2.3-acre oceanfront estate, listed at $177.8 million. If it closes for that price, the sale would break the record for one of the costliest residential transactions in Florida.

Potential Record Setting Sale in Palm Beach

According to The Real Deal, billionaire William Lauder has found a buyer for his oceanfront property, which could set a new Florida residential record. The sale of Lauder's oceanfront land would eclipse the $173 million that billionaire Larry Ellison paid for a 16-acre estate in Manalapan in 2022. The sale would also top the $170 million that Michael Cantanucci paid for a mansion in Palm Beach in 2023, currently the…

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Why South Florida's Foreclosure Rate is Among the Highest in the U.S.


Current Foreclosure Rates & Trends

A new analysis from ATTOM, the nation's leading real estate data analytics firm, shows that South Florida still struggles to address one of the highest rates in the nation regarding foreclosures. In August 2024, one out of every 2,429 housing units in South Florida saw a foreclosure filing, putting it 12th among the key metropolitan statistical areas in the United States. Over 1,000 homes throughout Miami-Dade, Broward, and Palm Beach started some form of the foreclosure process.

In August, 422 homes in Miami-Dade County were listed as being in the foreclosure process. This represents one out of every 2,604 units in the county, an increase of 23.28% from July and 8.4% year-over-year.

In total, 312 of 2,270…

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Boca Raton Real Estate Market Update 2025: What You Need to Know NOW


It seems that at the tail end of 2024, the South Florida real estate market had some big changes compared to a year ago. From increased home prices to increased days on the market, here's a closer look at the leading trends shaping buying and selling in the Boca Raton area.

Home Prices on the Rise

  • The average sale price is up 23% year-over-year, standing at $1,127,794 in December 2024 from $919,885 in December 2023.

  • The median sale price increased by 3%, growing from $580,000 to $594,950 year-over-year.

  • Year-to-date, the average sale price rose 24% and the median sale price was up 11%.

This uptick in price is representative of continued demand across all segments but especially within the luxury markets as…

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