While much of Sarasota’s real estate market faces price corrections and inventory constraints, two property segments are outperforming the rest, according to Joey Lamielle, team leader at RE/MAX Alliance Group. Acreage properties and new construction communities are attracting the most buyer interest in the current market. Market Segmentation Analysis “Acreage properties are thriving right now. ...
The Florida Keys residential market is experiencing a phenomenon that could alter the competitive landscape in early 2025, according to Margie Casey, Associate Broker at Florida Keys Real Estate Group. Casey reports that many sellers have quietly withdrawn their properties with plans to re-list in the new year, creating what professionals refer to as “shadow ...
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, ...
While luxury beachfront properties in St. Augustine continue to attract high prices, a concerning trend is emerging in the mid-market sector, tilting the playing field against homeowners looking to sell. Danielle Gustafson, Associate Real Estate Broker with ONE Sotheby’s International Realty and a 25-year market veteran, points to large developers offering significant incentives that private ...
Property taxes are now the primary factor for buyers deciding among Florida’s rural counties, according to local real estate expert Josée Lindner. In a recent interview, Lindner explained how tax differences amounting to thousands of dollars annually are shifting buyer preferences across north-central Florida’s four-county region. “I generally start with the tax, because taxes is ...
A notable shift in seller attitudes is changing the tone of listing appointments across Sarasota, with about half of potential sellers now acknowledging market conditions at the outset, according to Joey Lamielle, team leader at RE/MAX Alliance Group. This marks a significant change from the seller confidence that prevailed just two years ago. “Over the ...
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 ...
