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 ...
As Central Florida’s housing market adjusts to post-pandemic shifts and ongoing affordability concerns, potential buyers are weighing when to make their next move. Freddie Crespo, a realtor and broker with Investor’s Real Estate LLC, recently offered his perspective on market timing and opportunities, drawing from his experience through multiple real estate cycles since 1996. Market ...
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 active adult housing market in Central Florida is expanding beyond traditional retirement hubs, as developers respond to demand for boutique communities that offer accessibility and natural surroundings. The Villages of Citrus Hills exemplifies this trend with the launch of Davis Reserve at Citrus Hills, a 400-home community targeting buyers aged 55 and older who ...
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 commercial office market’s ongoing challenges have created what some investors see as a rare opportunity. While headlines often promote office-to-apartment conversions as the answer to high vacancy rates, the situation is more complex, something Seattle-based Tourbineau Real Estate Partners is addressing with a distinctive approach. Founded in late 2023 by Benjamin Wong and Jonas ...
The Fort Myers real estate market is entering a period of recalibration following several years of dramatic change, says Olivia Kaplan, a second-generation property manager and real estate broker associate at Kaplan Pro Realty, LLC who brings over a decade of experience in Southwest Florida. After the pandemic-fueled surge that saw homes attracting multiple offers ...
The independent hotel sector faces mounting pressure as major chains continue consolidating and operational costs rise across the industry. For boutique properties that want to maintain their unique character while competing effectively, a new model is emerging that harnesses collective purchasing power without sacrificing independence. Jennifer Barnwell has observed this challenge from multiple angles throughout ...
While national headlines highlight slower sales and reduced demand, Amelia Island and Nassau County, Florida, present a different picture. Local market data shows a 20% increase in closed sales compared to the previous year, challenging the broader narrative of market weakness. Angie Heitzer, a real estate agent with SUMMER HOUSE REALTY who moved from commercial ...
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 ...
