Industry News

The Tampa Bay rental market is undergoing a notable correction, with prices falling 7-8% in many areas compared to last year, according to local property management expert Lei Cheng. In a recent interview, Cheng discussed how the end of remote work policies and an influx of former vacation homes are changing the local rental landscape. ...

Local real estate expert Veldin “Dean” Miskic, co-founder of Pelican Vista Realty, recently shared insights comparing waterfront and dry lot properties in Cape Coral, highlighting significant value differences that many buyers may overlook. In an exclusive interview, Miskic explained how water access leads to pricing disparities that can reach hundreds of thousands of dollars between ...

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 ...

Ongoing political instability and rising safety concerns in New York are fueling a steady migration to South Florida, with local real estate professionals noting that many buyers are leaving behind deteriorating conditions in the nation’s largest city. Nisachol DeVivo of Marx Realty Group Inc. has seen this migration trend accelerate in recent years, with clients ...

While many real estate professionals concentrate on established markets like West Palm Beach, one local agent is focused on an often-overlooked area she believes is on the brink of significant transformation. Nisachol DeVivo of Marx Realty Group Inc. says Lake Worth Beach is the last undervalued opportunity in Palm Beach County, likely to change as ...

Local real estate expert Veldin “Dean” Miskic, co-founder of Pelican Vista Realty, recently shared insights on key concerns in Cape Coral’s property market. In an exclusive interview, Miskic addressed common questions and clarified misinformation circulating among residents and investors via social media and national headlines. Market Status Overview “There’s a lot of false information out ...

The construction industry is taking a measured approach to artificial intelligence adoption, with many companies monitoring developments rather than moving quickly, according to Kelvin Enfinger Jr., who serves on the technology committee for Associated Builders and Contractors National. While major firms deploy advanced robotics such as “robo dogs” for site monitoring, smaller and mid-sized companies ...

The real estate industry’s reliance on traditional cold calling is proving highly inefficient, with agents and wholesalers spending significant time for minimal results, according to Nadav Boaz, founder and CEO of VoiceDrop.ai. In a recent interview, Boaz stated that most real estate professionals using cold calling strategies experience connection rates as low as 2%, leading ...

While distressed office buildings are trading at historically low prices, institutional capital has largely exited the sector, leaving an opportunity that nimble private capital firms are seizing. Benjamin Wong, Partner and Chief Investment Officer at Tourbineau Real Estate Partners, explains why major players remain on the sidelines despite apparent bargains. Wong’s firm has encountered little ...

The affordable housing market in Florida faces a significant supply shortage that developers are not addressing, despite broad recognition of the crisis, according to Justin Ford, Founder and CEO of Pax Properties, LLC. In a recent interview, Ford detailed the major barriers to workforce housing and described his approach to addressing the issue. “Everyone’s talking ...

The definition of luxury real estate in South Florida has changed significantly, with the minimum entry point for waterfront luxury properties rising from $1 million to $2.5 million over the past two decades. This reflects broader market dynamics that have shifted the luxury landscape in areas such as Aventura and Sunny Isles Beach, according to ...

The South Florida luxury market is experiencing a pronounced split, with single-family waterfront properties outperforming older condominiums, which are now facing a crisis due to new reserve requirements and increasing assessments. Ruth Abeckjerr, broker-owner of Miami Connections Realty LLC, describes the condo market as “flat” and challenged by regulatory changes that could lead to further ...

The Cove neighborhood in Panama City is drawing renewed attention from investors and renovation-minded buyers, despite challenges that have previously discouraged mainstream interest, according to Michele Monastra, a realtor with Epique Realty Inc. In a recent interview, Monastra discussed the waterfront community’s untapped potential and the factors behind its growing appeal to those open to ...

A significant shift in what qualifies as middle-class housing is happening in Wellington, where local real estate expert Alan Monica of RE/MAX Prestige Realty now identifies $600,000 as the starting price for an affordable family home. This change is altering who can access Wellington’s highly regarded school districts and family-oriented neighborhoods. “It’s hard to really ...

As days on market increase and competition intensifies, one Southwest Florida real estate expert is finding consistent success by prioritizing personal branding over traditional sales tactics. Samantha Hoagland Corrochano of The Dellatore Real Estate Company explains how a shift in marketing focus has become a key factor in outperforming the local market. Samantha Hoagland Corrochano ...