While much of the nation’s real estate market shows signs of slowing, Northeast Florida’s coastal communities are following a different path. In Nassau County, where luxury homes command million-dollar price tags and inventory has reached its highest levels since 2019, market dynamics demonstrate resilience and selective demand that contrast with national trends. The region’s distinct ...
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 ...
The investment landscape for medical real estate is benefiting from changes demographics and in healthcare delivery, according to Cody Shandraw, President of Healing Realty Trust. The company has leveraged these to double its asset portfolio in nine months by focusing on a targeted niche within the medical real estate sector. Market Overview “The silver wave ...
The transition from military service to civilian careers often presents challenges, but for Shane Burgman, his decade in the Navy provided a strong foundation for building a successful real estate business. Now leading The Burgman Group on Florida’s Space Coast, Burgman has transformed his military experience into a systematic approach that generates over 60 transactions ...
The Florida real estate market is seeing a shift as Canadian investors who left earlier this year are now quietly returning, suggesting a potential stabilization in cross-border investment after months of political uncertainty. Martin Lajeunesse, a real estate associate with Florida Realty Agency specializing in Quebec clients, has observed this change firsthand. After beginning his ...
The real estate market operates in cycles, but timing those cycles requires experience and perspective. Few professionals have observed as many market shifts as Freddie Crespo, who has weathered California’s booms and busts, survived Florida’s foreclosure crisis, and now guides clients through today’s evolving conditions. From Acting Aspirations to Real Estate Crespo’s entry into real ...
The transition from analyzing investments to operating them can reveal uncomfortable truths about market dynamics. For Justin Ford, founder and CEO of Pax Properties, that realization came during the 2008 financial crisis, when his real estate portfolio went from significant value to underwater in a matter of months. “I woke up one morning in 2008 ...
The South Florida real estate market has become increasingly diverse, with agents finding success by serving communities that often lack representation. Nisachol DeVivo, a real estate agent with Marx Realty Group Inc, has established a unique niche as what she believes is the only Thai-English speaking agent in the region. DeVivo’s journey to real estate ...
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,” ...
Short-term rentals are transforming from community concern to economic catalyst, according to Guesty CFO Gil Vassoly, who argues the sector creates ripple effects of prosperity throughout local neighborhoods. “Short-term rentals are actually a way to uplift the entire community, not just financially, but creating this atmosphere,” Vassoly says, pointing to emerging data on visitor behavior. ...
Florida’s secondary and rural markets are undergoing a transition from the intense seller’s market of recent years to conditions increasingly favoring buyers. In counties such as Levy, Marion, Citrus, and Alachua, real estate professionals are shifting their strategies as inventory grows and homes remain on the market longer. Josée Lindner, a real estate agent with ...
