The ultra-luxury market in Miami is seeing growth that surpasses previous benchmarks, according to Ana Bozovic, founder and owner of Analytics Miami. In a recent interview, Bozovic offered her perspective on how rapid price increases at the highest end are reshaping the city’s real estate landscape. “Single family houses past $3,000 a square foot didn’t ...
The construction industry is facing a severe labor shortage, with more than 500,000 workers needed nationwide as the trend is projected to worsen through 2026, according to Kelvin Enfinger Jr., Vice President at Greenhut Construction Company, Inc. and current state chairman of Associated Builders and Contractors of Florida. This shortage is now the industry’s most ...
The residential market in Southwest Florida is undergoing what local expert Billee Silva describes as a necessary correction, following the extraordinary buying activity during the pandemic. In a recent interview, Silva shared her perspective on how this market adjustment is changing the real estate landscape and why many sellers are finding it difficult to adapt. ...
The industrial real estate market in Phoenix is seeing a sharp rise in off-market transaction activity, with buyers outpacing sellers in what has become a clear buyer-driven environment, according to Alex Bluth, Vice President of Investments at Menlo Group Commercial Real Estate. In a recent interview, Bluth discussed the notable shift in market dynamics and ...
The land market in Phoenix is experiencing a significant supply-demand imbalance, creating challenges for developers while benefiting cash-rich landowners, according to Alex Bluth, Vice President of Investments at Menlo Group Commercial Real Estate. In a recent interview, Bluth explained how this dynamic is reshaping development economics across the metro area. “Land is really tricky in ...
Miami’s luxury real estate market in the $2-5 million range is showing notable stability compared to lower-priced properties, according to Kateryna Pierova, Broker/Owner of Realestatika, LLC. In a recent interview, Pierova discussed how current market conditions are creating a distinct divide between price segments in Miami’s real estate scene. “In luxury real estate, many clients ...
Miami’s luxury real estate market appears to be thriving, with price per square foot reaching record levels, but local expert Sep Niakan says these statistics are misleading. In a recent interview, Niakan, owner and broker of Blackbook Properties with 20 years of experience in Miami real estate, explained how statistical anomalies are masking actual price ...
While Miami’s luxury resale market faces price declines, the pre-construction segment is showing notable resilience, highlighting a clear split in the market, according to local expert Sep Niakan. In a recent interview, Niakan discussed how new development sales are operating in a different environment from existing inventory. “Luxury pre construction is doing fairly well, and ...
Recent shifts in active adult buyer preferences are highlighting trends toward privacy, maintenance-free living, and boutique community experiences, according to Jessica Quillen, Chief Marketing Officer at The Villages of Citrus Hills. In a recent interview, Quillen shared insights on how evolving consumer demands are influencing the retirement housing landscape in Florida. “We are more positioning ...
The common perception of Florida’s cash buyers often involves wealthy out-of-state newcomers fleeing high-tax states, bringing Silicon Valley fortunes with them. However, Shane Burgman, team leader at The Burgman Group, says the reality in Brevard County is more complex and challenges assumptions about who is driving cash transactions in the area. “Contrary to what a ...
Local real estate expert Billee Silva of Jones & Co. Realty recently shared insights comparing condominiums and single-family homes across Southwest Florida. In an interview, Silva highlighted important differences, trends, and considerations for buyers and investors navigating the current market. “Single family homes are still doing pretty good because people are relocating. People are upsizing, ...
A combination of rising insurance costs and increasing HOA fees has turned Jacksonville Beach’s oceanfront condos from sought-after investments into difficult properties to sell, according to David Corbitt, a local real estate agent with 1 Percent Lists First Coast. The shift demonstrates how external cost pressures can quickly reshape a property market. The Condo Crisis ...
The lines between traditional hotels and short-term rentals are rapidly blurring, according to Guesty CFO Gil Vassoly, who points to a surprising evolution in hospitality operations. “There are contactless hotels now where there’s no one. You book it online, you get access key, go in, communicate with the chatbot, and everything happens automatically. This is ...
While most residential real estate segments contend with high interest rates and affordability concerns, Jacksonville Beach’s luxury market is showing notable resilience, according to David Corbitt of 1 Percent Lists First Coast. The current environment highlights a clear division in buyer behavior, challenging prevailing expectations about the market. “High end luxury is doing really well ...
The Florida Panhandle’s real estate market is widely described as a “buyer’s market,” but according to local broker Edson Gene Hurd of Hurd Real Estate & Company, this label misrepresents what’s actually happening to property owners. In a recent interview, Hurd shared a candid assessment of how current conditions are leaving sellers with little to ...
