Gainesville real estate leader Dustin Sims of Bosshardt Realty Services, argues that recent changes to real estate commission structures are bringing unprecedented transparency to transactions, despite initial industry concerns. “What I love most about these changes is that everything is now very black and white regarding expectations,” Sims explains. The new rules, which took effect ...
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 ...
While many real estate markets are only starting to favor buyers, Southwest Florida has been in buyer territory for nearly two years, according to Brett Ellis, owner of Ellis Team – Keller Williams Realty Fort Myers. Ellis cautions that a significant wave of “shadow inventory” is poised to alter the region’s market dynamics, potentially surprising ...
As homeowners in Pacific Palisades contend with the aftermath of January’s fires, opportunistic investors are targeting vulnerable residents with low offers for their burned properties, often conducting these sales off-market to avoid fair competition. Helen Kaye, Partner at Phoenix Equity Partners, has seen this exploitation firsthand while assisting fire-affected families. Her experience points to a ...
Local real estate expert Irina Roth of Dalton Wade Inc recently provided insights on pressing questions about Tampa Bay’s property market. In an exclusive interview, Roth addressed concerns about market timing, hurricane impacts, and the viability of vacation rentals, topics on the minds of many residents and investors. “So today the market is balanced. I ...
The national media’s portrayal of Cape Coral as one of America’s most distressed housing markets is inaccurate, according to local real estate expert Carleen Murone. In a recent interview, Murone disputed the widespread characterization of the market as underwater and struggling, arguing that outdated reporting has created a misleading picture of the Southwest Florida city’s ...
Josée Lindner, a real estate agent at Young Real Estate, recently discussed the real estate market across Florida’s Marion, Levy, Citrus, and Alachua counties. In a recent interview, Lindner addressed current market dynamics, shifts in buyer behavior, and the ongoing movement from Florida’s metropolitan areas to rural counties. “Homes are staying on the market anywhere ...
What’s ahead for the residential market in Tampa Bay? According to Lance Willard, founder of the Willard Home Team, the market is moving toward stabilization after bottoming out, with notable inventory changes and evolving buyer behavior on the horizon. In a recent interview, Willard shared his perspective on emerging trends and what participants should expect ...
Gainesville real estate leader Dustin Sims of Bosshardt Realty Services, reports an unexpected equilibrium emerging between luxury and starter home segments, marking a significant shift from earlier market conditions. “Looking at the snapshot from what I see boots on the ground daily, it is truly even right now between market segments,” Sims observes. This balance ...
Pensacola-based real estate investor Mike Hamby says his dual role as both cash buyer and licensed agent allows him to offer sellers a more transparent choice, though most still opt for speed over maximum price in today’s market. “What I do is different because I’m also a real estate agent. I present both options to ...
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 ...
The gap between what sellers expect and the current market reality has grown in Miami-Dade’s luxury real estate sector, according to Denise Madan of EXP Realty. After 25 years in South Florida’s high-end property market, Madan says many sellers remain anchored to a 2020 mindset, which no longer reflects actual conditions. “Sellers still think that ...
The South Florida real estate market is undergoing a notable transformation, with cash purchases increasingly driven by out-of-state buyers leveraging home equity from more expensive markets. This trend is altering local market dynamics and pricing, with significant consequences for Florida residents. Arkadiy Abdurakhmanov, a real estate agent with United Realty Group who has over 20 ...
The South Florida condominium market is experiencing a major crisis as maintenance fees soar, reshaping buyer behavior and property values. According to Arkadiy Abdurakhmanov of United Realty Group, the sharp rise in homeowners association (HOA) fees is making condos increasingly difficult to sell. Market Overview “When I came to the United States, the most expensive ...
