Around Weston
Tis the Season to Give Back Enjoy yourself while doing it, at the 22nd Annual Florida Classic Weekend.
It’s that time of year again, when the events start popping up on the calendar fast and furious—and that includes the 22nd Annual Florida Classic presented by Ford, BB&T and Breakthru Beverage. Over the years, the Florida Classic has netted almost $8.8 million for the Cystic Fibrosis Foundation to fund research and top-quality care for cystic fibrosis patients. This year, a new event is being introduced: “An Intimate Evening with Jon Secada” (formerly the 65 Roses Gala), which will feature a performance by the Grammy Award-winning singer where guests can enjoy dinner in a lounge-style atmosphere, seated front-andcenter for Secada’s performance. Other highlights to look forward to: A “50 Shades”-themed BeachBash on Thursday, November 16, at The Ritz-Carlton, Fort Lauderdale; a golf tournament on Friday, November 17, at the Fort Lauderdale Country Club, and a fishing tournament on Saturday, November 18. For more information and to buy tickets, visit flbeachbash.eventscff.org.
PAY TO STAY The numbers are in. Here’s which cities in Florida command the most rent right now.
RENTCafé has just released its monthly rent report, with the peak rental season in the spotlight. The national average rent ($1,354) barely changed this summer, marking the longest period of stagnation in recent history: four months, to be exact. Most of Florida’s pricey markets came to a full stop during the peak rental season, but significant year-over-year (y-o-y) growth warns renters not to expect major changes anytime soon. Here are some more highlights from the report:
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◗ Pembroke Pines and Pompano Beach saw the highest growth rates in Florida, 6.8% and 6.4% respectively, since last year ◗S t. Petersburg comes in third with a 5.5% increase y-o-y. But the 0.5% month-over-month decrease, the first decline of this rental season, shows that rent growth slowed down in St. Petersburg ◗ Rents in Tampa remained virtually flat for 4 consecutive months throughout this year’s high rental season. The average rent, which is currently standing at $1,209, is up 4.6% y-o-y ◗ After peaking at $1,605 in August, Miami rents decreased by 0.4% month over month, clocking in at $1,597 in September. But the average rent in Miami is still 2.5% higher than this time last year ◗ Orlando seems to have succeeded in keeping
rents stable during this summer. The priciest apartment market in Central Florida boasts an average rent of $1,282, though this is a $45 gain since the beginning of the rental season in March and a 3.7% increase y-o-y ◗ J acksonville also makes an appearance on the list of the fastest-growing rents in Florida, with a 4.1% increase y-o-yned fairly stable.