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 ...
Ponte Vedra Beach agent Allyson Mecca of LoKation, argues Jacksonville’s real estate market has fundamentally shifted away from retirees toward younger, high-earning professionals, a transformation she says few outside the region fully grasp. “I’m seeing way less of a retiree presence, and more younger but higher incomes,” says Mecca, who specializes in properties $800,000 and ...
Jacksonville area agent Allyson Mecca of LoKation has discovered powerful synergies between investment and retail real estate, creating what she describes as a “Venn diagram” of overlapping opportunities that benefit both sides of her business. “The investment side and the retail side, they interact almost in a Venn diagram method,” Mecca explains. “As an investor, ...
In today’s higher-rate environment, home buyers should focus on purchase price rather than interest rates, advises Maria Raymer, broker associate at RE/MAX Specialists PV, offering a fresh perspective on timing the market. “Don’t be too caught up in interest rates, because it’s temporary. You date the rate, you marry the house,” Raymer says, explaining her ...
A dramatic rise in Pensacola’s median home prices is forcing local investors to rethink their target price points and investment strategies, according to veteran real estate investor Mike Hamby. “The median price of a house in Pensacola has gone up to about 310 [thousand] this year. When I moved here in 2020 it was 190,” ...
A notable shift in Southwest Florida’s buyer demographics is altering the local real estate landscape, according to Brett Ellis of Ellis Team – Keller Williams Realty Fort Myers. The combination of Canadian property owners leaving the area and the potential for political migration from northern cities is creating new demand patterns that many agents are ...
Although Cape Coral has been labeled by media as having “the worst market in the nation right now for foreclosures,” a surprising trend is challenging assumptions about distressed markets, according to Felicia Saraceno, Market Director at Keller Williams Realty – Marco Island. Despite Cape Coral’s elevated foreclosure numbers, the city is outperforming more prestigious markets ...
Arizona’s short-term rental market has seen a major shift, with most Airbnb investors leaving the platform due to oversaturation, according to Melissa Bailey, a real estate professional with Jason Mitchell Group. This marks a significant change from the pandemic-driven boom that made Arizona a prime location for vacation rental investments. “A lot of people are ...
A new trend is emerging in Orlando’s luxury real estate market, with the vast majority of high-end buyers actively steering clear of homeowners association communities, according to Yashmit Gutierrez, a sales associate at EXP Realty. This preference challenges the common belief that luxury buyers seek out managed communities with extensive amenities. “In my opinion, what ...
