Miami’s luxury real estate market is undergoing a recalibration, moving beyond simple narratives of dramatic booms or busts. After years of rapid growth fueled by a wave of pandemic-era migration, the market has reached an inflection point. Transaction volumes have slowed, but prices remain steady, illustrating a new phase in Miami’s evolution as a global ...
The multifamily industry is learning that maintenance decisions made in a resident’s first 90 days can significantly affect lease renewals, with new research indicating that maintenance experience alone can shift churn rates by more than 13 percentage points. As rental markets face ongoing pressure and rent growth slows, property managers are focusing on operational factors ...
The South Florida residential market presents a complex picture that counters the bleak narratives often portrayed by national media. While headlines highlight Florida’s broader challenges, local market dynamics tell a more nuanced story, particularly in Broward County, where land scarcity and strategic positioning create unique opportunities. Zubeda Mukati, a real estate advisor with Compass who ...
While New York City’s Local Law 157 deadline has been extended to January 1, 2027, the conversation shouldn’t be about buying more time, it should be about making the right technical choices that will protect buildings for the next decade and beyond. Having worked with hundreds of buildings across New York City, I’ve seen firsthand ...
National media coverage of housing market struggles is creating a disconnect between buyer expectations and market realities in South Florida, according to Ashla Johnson, a licensed broker with Couture Realty Advisors. Johnson describes how mainstream news consumption is driving unrealistic buyer behavior that complicates transactions across the region. “Buyers know that, right? They’re turning on ...
Despite repeated hurricanes and widespread attention to Florida’s storm risks, waterfront property buyers in Southwest Florida continue to show notable resilience, according to Samantha Hoagland Corrochano. The Vice President and Broker Associate at The Dellatore Real Estate Company, who specializes in Gulf access properties in Bonita Springs, reports that hurricane fears are not stopping transactions ...
The Southwest Florida market has faced challenges ranging from hurricane recovery to fluctuating interest rates, but local professionals say national headlines often fail to capture the region’s true dynamics. Cape Coral, in particular, has been the subject of widespread attention that does not always reflect the actual conditions on the ground. Veldin “Dean” Miskic, managing ...
A significant new cost is impacting Wellington’s real estate market as insurance companies tighten requirements, forcing sellers with older roofs to complete costly replacements before listing their homes. Brian Wilder, team leader at Keller Williams Realty Wellington, says this represents a fundamental change in how transactions are structured and financed. Twenty-Year Roof Limit Becomes a ...
While national headlines focus on housing market struggles, South Florida’s luxury real estate sector is showing resilience, according to Ashla Johnson, a licensed broker with Couture Realty Advisors. In a recent interview, Johnson described how the high-end market’s distinct dynamics have created a disconnect from the challenges facing mainstream housing. “The luxury market, I feel ...
What lies ahead for the luxury real estate market in Fort Lauderdale? According to Kevin O’Neil, a Realtor with Balistreri Real Estate, the landscape is showing early signs of recovery despite broader market headwinds. In a recent interview, O’Neil provided insights into emerging trends and what buyers and sellers should expect in the coming months. ...
The residential market in Southwest Florida is undergoing what local expert Billee Silva describes as a necessary correction, following the extraordinary buying activity during the pandemic. In a recent interview, Silva shared her perspective on how this market adjustment is changing the real estate landscape and why many sellers are finding it difficult to adapt. ...
A noticeable shift is underway in Manhattan’s luxury housing market as cryptocurrency millionaires and other new wealth holders increasingly choose townhouses over traditional co-op and condominium buildings, according to Steven Tanen, an associate attorney at Starr Associates LLP who specializes in high-end residential transactions. This trend highlights a disconnect between how modern wealth is generated ...
The complexity of Manhattan townhouse transactions goes well beyond typical residential deals, involving everything from 150-year-old party wall agreements to the timing of cryptocurrency liquidation, according to Steven Tanen, an associate attorney at Starr Associates LLP who handles high-end residential acquisitions. Tanen recently managed a $10 million Brooklyn townhouse sale that highlighted the challenges in ...
Miami’s luxury real estate market in the $2-5 million range is showing notable stability compared to lower-priced properties, according to Kateryna Pierova, Broker/Owner of Realestatika, LLC. In a recent interview, Pierova discussed how current market conditions are creating a distinct divide between price segments in Miami’s real estate scene. “In luxury real estate, many clients ...
