Dunkin’ Donuts has opened inside the BJ’s Wholesale Club in Pembroke Pines — and the two retailers will be teaming up at other locations in South Florida.
The new chain location, at 13700 Pines Blvd., is owned and operated by franchisee Mike Fallah. It will be open from 8 a.m. to 8 p.m. daily, and guests don’t need BJ’s memberships. The menu includes hot and iced coffees, lattes, cappuccinos, teas, sandwiches and baked goods.
A Dunkin’ Donuts spokeswoman said the chain will open other restaurants inside BJ’s in the coming months. Details have not yet been released.
When it comes to flipping houses, investors should head to Pembroke Pines, a new report shows.
Pembroke Pines ranks No. 18 on a list of the nation’s best housing markets for flipping, according to WalletHub, a personal finance website. The analysis is based on a series of factors, including home prices, average remodeling costs and the stability of individual housing markets, WalletHub said.
Higher prices haven’t put an end to home flipping in South Florida, a new report shows.
Flips accounted for 6.3 percent of third-quarter home and condominium sales in Palm Beach County, up from 5.9 percent in the same period of 2014, according to real estate website Trulia.com.
In Broward, flips accounted for 6.1 percent of sales, compared with 5.7 a year earlier. Miami-Dade County’s share of flipped homes was 6.4 percent, up from 4.7 percent, ranking as the biggest increase in the country, Trulia said.
South Florida’s home prices increased 8.1 percent in November from a year earlier, according to a national report released Tuesday.
The Standard & Poor’s/Case-Shiller index analyzes prices in Palm Beach, Broward and Miami-Dade counties, as well as 19 other metro areas nationwide.
The tri-county region has seen consistent price gains over the past three years and continues to fare better than most of the country. Portland, Ore., led the nation with an 11.1 percent annual increase, followed by San Francisco (11 percent) and Denver (10.9).
New foreclosure cases fell sharply across South Florida in November, though the number of homes repossessed by banks increased as courts clear dockets of bad mortgages originated during the housing bust.
Palm Beach, Broward and Miami-Dade counties totaled 831 foreclosure filings last month, a 53 percent drop from November 2014, according to the RealtyTrac listing firm. It was the fewest number of starts for the tri-county region since RealtyTrac began counting in January 2006.
South Florida continues to see higher home-price increases than most of the rest of the country, according to a leading indicator released Tuesday.
Prices in Palm Beach, Broward and Miami-Dade counties rose 7.4 percent in August compared with August 2014, figures from the Standard & Poor’s/Case-Shiller index show. It was the region’s 18th consecutive increase.
The index tracks prices in 20 major metro areas nationwide. Denver and San Francisco each had 10.7 percent annual increases in August.
Young professionals are better off buying a home than renting one, but it’s not nearly the deal it was three years ago.
Buying is 44 percent cheaper than renting in Broward County, according to Trulia.com, a real estate website. That’s tied with Syracuse, N.Y., for the nation’s third-highest difference, after Houston (46 percent) and Baton Rouge, La. (45).
In 2012, with home prices rebounding from the bottom, buying beat renting in Broward by 56 percent.