MBF BLOG

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A fascinating interview with Master Brokers Forum past chair and Legacy Award honoree Alicia Cervera Lamadrid.

The first Master Brokers Forum/City National Bank of Florida "Lunch and Loans" meeting was a huge success! Gold Coast chapter members Matt Krac, Bonnie Metviner CRS, Denice Landaeta, Diana Fairbanks, and Daniela Melaniti gathered to talk shop and learn about the bank's unique and flexible home loan programs. Thanks to Rich Campanella and Carol Abramczyk for the great information. (MASTER BROKERS: Stay tuned for more lunches in Miami and Gold Coast!)

How did Miami real estate compare to the rest of the United States in 2022 (๐™Ž๐™‹๐™Š๐™„๐™‡๐™€๐™ ๐˜ผ๐™‡๐™€๐™๐™: ๐™ฅ๐™ง๐™š๐™ฉ๐™ฉ๐™ฎ ๐™™๐™–๐™ง๐™ฃ ๐™ฌ๐™š๐™ก๐™ก), and what does 2023 have in store? We explore in this edition of "South Florida by the Numbers"; a Master Brokers Forum partnership with The Real Deal. http://therealdeal.com/miami/2023/01/31/south-florida-by-the-numbers-a-look-back-at-2022/

“MIAMI continues to grow in overall population and number of businesses. Our housing market is still in high demand. All of the indicators are showing demand is remaining high, and we’re not seeing returns back to where people were moving from." http://www.miamiherald.com/news/business/real-estate-news/article271754357.html

WATCH: Highlights from this month's amazing Gold Coast Master Brokers Forum 2023 Kickoff Event, generously hosted by our friends at Sixth and Rio. (Special thanks to videography sponsor Integrity Title, Inc.!) https://youtube.com/shorts/E38LPlWJF1M?feature=share

THANK YOU to our friends at The Standard Miami Residences for hosting yesterday's fantastic and productive Miami Master Brokers Forum board meeting! Learn more at https://thestandardmiamiresidences.com/

"MIAMI ranked No. 8 on (Zillow's) hottest markets list and is one of the few cities that has maintained its price growth with little to no dropoff since mortgage rates started rising..." http://southfloridaagentmagazine.com/2023/01/17/miami-hottest-housing-markets-2023/

MASTER BROKER LISTING: Master Brokers Forum member Lynley Ciorobea presents this sophisticated "Hamptons meets Key West" home in north Pinecrest for $5.8M. (In partnership with PROFILEmiami.) http://profilemiamire.com/miamirealestate/2023/1/24/master-brokers-forum-listing-check-out-this-hamptons-meets-key-west-style-north-pinecrest-home-asking-58-million

"Goldman Sachs is forecasting MIAMI home prices will rise slightly by the end of the year – one of only two major markets in the report expected to see an increase." http://www.thenextmiami.com/goldman-sachs-forecasts-miami-housing-market-to-outperform-in-2023/

This Master Brokers Forum member brokered both sides of this record-setting sale in Hallandale Beach. (Article link below.) Congratulations! http://www.bizjournals.com/southflorida/news/2023/01/19/mansion-sale-sets-price-record-in-hallandale-beach.html

"International investment in Miami's real estate market has spiked over the last year...Foreign buyers picked up $6.8 billion of South Florida residential real estate between August 2021 and July 2022..a 34% increase from the sales volume the year prior." http://www.axios.com/local/miami/2023/01/20/miami-real-estate-foreign-buyers-homes

Master Brokers Forum board member Andres Asion believes this text-producing artificial intelligence technology is a game-changer for real estate. Thoughts? http://therealdeal.com/2023/01/16/brokers-meet-your-new-personal-assistant-chatgpt/

Scenes from last night's FABULOUS Gold Coast Master Brokers Forum 2023 Kickoff Event, generously hosted by our friends at Sixth & Rio! Thanks to all members who attended and collectively donated more than $800 to The Pantry of Broward.

This Master Brokers Forum member represented the seller in one of the top two Miami condo sales last week; a $7.6M transaction in Coconut Grove. (Article link below.) Congratulations! http://therealdeal.com/miami/2023/01/17/grove-at-grand-bay-one-thousand-museum-tie-for-priciest-weekly-condo-sale/

BEST OF LUCK to Master Brokers Forum members Ashley Cusack, Eloy Carmenate, Dora Puig, and Karen Elmir, who are all nominees in tonight's prestigious awards event! http://www.hollywoodreporter.com/lifestyle/real-estate/the-hollywood-reporter-inaugural-miami-palm-beach-power-broker-awards-1235294826/

โ˜€๏ธโฌ†๏ธ "Florida’s population increased 1.9% between 2021 and 2022 – FASTER THAN ANY OTHER STATE IN THE NATION, according to the Census Bureau. It is the first time since 1957 that Florida has ranked #1 for growth on a percentage basis." http://www.thenextmiami.com/florida-was-the-fastest-growing-state-in-2022-census-says/

๐Ÿ‘€ WE SEE YOU, Vicci Read! This Master Brokers Forum member represented the buyers of this $12.6 million Ft. Lauderdale estate. (Article link below.) Congratulations! http://therealdeal.com/miami/2023/01/09/mattress-giant-founder-sells-fort-lauderdale-manse-for-13m/

๐Ÿšจ ๐™‰๐™€๐™’ ๐˜พ๐™Š๐™‡๐™๐™ˆ๐™‰ ๐˜ผ๐™‡๐™€๐™๐™ ๐Ÿšจ In this "Master Brokers Forum Viewpoint" (published exclusively on South Florida Agent magazine), MBF board member Ivory Cooks explains why rising interest rates should not hold back savvy South Florida buyers, and offers some “outside the box” solutions for getting in the game now. http://southfloridaagentmagazine.com/2023/01/10/rising-interest-rates-should-not-hold-back-savvy-south-florida-buyers/

“These numbers look big, but it’s actually crazy what you get for your money here. You look at the lack of state taxes, the weather, the nightlife and the restaurant scene, and it all makes sense.” (Article link below, featuring a listing from Master Brokers Forum member Elena Bluntzer.) http://nypost.com/2023/01/10/fat-cats-are-buying-up-miamis-8-figure-bargain-homes/

Join us in welcoming longtime Master Brokers Forum member Joelle Oiknine to the Miami MBF advisory board!

CONGRATULATIONS to Master Brokers Forum members The Ashley Cusack Team, Liz Hogan, Dora Puig, Michael J. Martinez, Nelson Gonzalez, and Carole Smith on their extraordinary success, and being named to this prestigious annual ranking of top Miami residential teams! (Article link below.) https://therealdeal.com/miami/2023/01/05/back-to-reality-for-miamis-top-residential-brokers/

GOLD COAST MBF CHAPTER MEMBERS: Join us for a sunset kickoff of 2023 at the beautiful Sixth and Rio sales gallery, celebrating excellence and the new year! (All active Gold Coast Master Brokers Forum members have been emailed invitations, please check your inbox for RSVP instructions.)

"Based on the demand for luxury homes and condos as more people move here from high-tax states, (regular Master Brokers Forum panelist Ana Bozovic) expects values in the high end of the market to remain strong, and probably increase in most neighborhoods." (Article link below.) http://www.bizjournals.com/southflorida/news/2022/12/29/record-prices-for-luxury-residential-could-continu.html

This Master Brokers Forum member represented the buyers in this $14.5 million Bay Point sale. (Article link below.) Congratulations! http://therealdeal.com/miami/2022/12/30/hedge-funder-sells-waterfront-miami-home-for-15m/

This Master Brokers Forum member represented the seller in this RECORD-BREAKING $10.3 million Pinecrest transaction. (Article link below.) Congratulations! http://therealdeal.com/miami/2022/12/23/pinecrest-mansion-sells-for-record-10m/

"Traffic to MIAMI is primarily during winter. The New Yorkers flocking to MIAMI hail from areas that are wealthier than those going to Tampa, which has contributed to the success of luxury shopping hubs like the MIAMI Design District." http://www.globest.com/2022/12/21/florida-continues-to-draw-new-yorkers-in-high-numbers/

Another big GAME CHANGER for South Florida transportation! http://www.thenextmiami.com/brightline-opens-aventura-boca-raton-stations-ticket-sales-encouraging/

๐™„๐™‰๐™๐™€๐™๐™‰๐˜ผ๐™๐™„๐™Š๐™‰๐˜ผ๐™‡ ๐™Ž๐™Š๐™๐™๐™ƒ ๐™๐™‡๐™Š๐™๐™„๐˜ฟ๐˜ผ ๐˜ฝ๐™๐™”๐™€๐™๐™Ž ๐™๐™ƒ๐™„๐™Ž ๐™”๐™€๐˜ผ๐™

๐Ÿ’ฒ6.8 Billion in purchases โฌ†๏ธ 34% from 2021

๐Ÿ  9,400 homes purchased โฌ†๏ธ 25%

• Top Markets: ๐Ÿ‡ฆ๐Ÿ‡ท ๐Ÿ‡จ๐Ÿ‡ด ๐Ÿ‡ฒ๐Ÿ‡ฝ ๐Ÿ‡ต๐Ÿ‡ช

Article (featuring insight from Master Brokers Forum member Dora Puig): https://therealdeal.com/miami/2022/12/15/foreign-investment-returns-to-south-florida/

MASTER BROKER LISTING: Master Brokers Forum member Mauricio J. Barba presents this lovely full-floor sky home in Coral Gables. (In partnership with PROFILEmiami.) http://profilemiamire.com/miamirealestate/2022/12/14/master-brokers-forum-listing-check-out-this-full-floor-coral-gables-sky-home-asking-3-million

"With its famous Art Deco buildings, vibrant music scene, and one of the most diverse populations of any major metropolitan area, it's no wonder the Magic City is a top creative destination in the country. Home to international music shows like the Billboard Latin Music Awards and epic festivals like Ultra Music Fest and Art Basel Miami, the city's art and music scene is booming." (Article link below.) http://www.workamajig.com/features/project-management/most-creative-cities-2022

Theseย Master Brokers Forumย members represented the buyers in two of last week's top ten Miami condo sales. (Article link below.) Congratulations!ย http://therealdeal.com/miami/2022/12/13/surf-club-four-seasons-tops-miami-dades-weekly-condo-sales/

"Expats in Miami say it’s very easy to settle in, adjust to local culture, find high-speed internet access at home, pay without having to get cash, and open a local bank account...85% of expats living in Miami are happy with their life in general." (Article link below.) http://www.cnbc.com/2022/12/11/workers-around-the-world-say-this-is-the-best-us-city-for-expats.html

"The Miami Master Brokers Forum honored founding board member Donna Bloom with its Legacy Award during its annual meeting and holiday kickoff party at Bentley Residences. More than 70 members attended the event at the Dezer Development project’s sales gallery in Sunny Isles Beach." (Article and photo gallery link below.) http://southfloridaagentmagazine.com/slideshows/master-brokers-forum-hosts-annual-meeting-gives-legacy-award-to-donna-bloom/

โฌ†๏ธ 5๏ธโƒฃ0๏ธโƒฃ,0๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ,0๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ โฌ†๏ธ
"Traffic continues to surge at Miami International Airport, putting it on track for its best year ever. The airport is on pace to surpass 50 million annual passengers for the first time in its history, according to an announcement today from Miami-Dade’s Aviation Department." http://www.thenextmiami.com/mia-on-track-to-surpass-50-million-passengers-for-the-first-time-ever/

๐Ÿšจ ๐™‰๐™€๐™’ ๐˜พ๐™Š๐™‡๐™๐™ˆ๐™‰ ๐˜ผ๐™‡๐™€๐™๐™ ๐Ÿšจ In this inaugural "Master Brokers Forum Viewpoint" (published exclusively on South Florida Agent magazine), board member Karen S. Matluck, P.A. shares five brilliant tips for setting realistic seller expectations in today's market. https://southfloridaagentmagazine.com/2022/12/08/five-tips-for-shifting-2022-sellers-away-from-2021-prices/

"I think MIAMI showed everybody that they are ... business-friendly, that the infrastructure is here, and they are open for business..." http://www.bizjournals.com/southflorida/news/2022/12/07/south-florida-great-place-to-invest-experts-say.html?cx_testId=40&cx_testVariant=cx_2&cx_artPos=2#cxrecs_shttps://www.bizjournals.com/southflorida/news/2022/12/07/south-florida-great-place-to-invest-experts-say.html?cx_testId=40&cx_testVariant=cx_2&cx_artPos=2#cxrecs_s

"Sacramento, Las Vegas and MIAMI were the most popular destinations for Redfin customers looking to relocate...Half of the top 10 migration destinations are in FLORIDA." (Article link below.) https://www.worldpropertyjournal.com/real-estate-news/united-states/tampa-real-estate-news/real-estate-news-redfin-october-2022-housing-data-top-housing-markets-in-october-2022-most-common-place-to-move-in-2022-13424.php

WATCH: Scenes from the Miami Master Brokers Forum's recent Holiday Kickoff Party, generously hosted by Bentley Residences Miami. Highlights include Donna Kern Bloom receiving the 2022 "Legacy Award", introductions of new members, comments from developer Gil Dezer, and much more! https://youtu.be/-b7MAuG3KPw

We explore the many cool intersections between MIAMI ART WEEK and local real estate in this edition of “South Florida by the Numbers"; a Master Brokers Forum partnership with The Real Deal. (Check out the interview with MBF members Ida Schwartz and Minette Schwartz!) https://lnkd.in/eiPXqQw6

HUGE thanks to our friends at Edition Residences Fort Lauderdale for generously hosting yesterday's wonderful Gold Coast Master Brokers Forum board meeting. Many exciting things in store for 2023 and beyond!

"Wealthy investors betting on luxury real estate would do best by putting their money in Dubai or MIAMI next year, according to a new report...MIAMI ranked second, with prices expected to increase 5%...MIAMI also remains a popular haven for the wealthy, given its low tax rates and growing number of financial firms locating their headquarters or offices in South Florida."

"๐— ๐—œ๐—”๐— ๐—œ ๐—”๐—ฅ๐—ง ๐—ช๐—˜๐—˜๐—ž attracts millions of visitors from across the globe to Miami’s sunny beaches and luxurious enclaves for a celebration of art, design, fashion, style and culture. ๐— ๐—œ๐—”๐— ๐—œ ๐—”๐—ฅ๐—ง ๐—ช๐—˜๐—˜๐—ž brings together some of the world’s best artists, galleries, art collectors, designers and cultural icons for a week of art shows, installations, events and lavish parties." (Guide presented by PROFILEmiami, a Master Brokers Forum partner.) http://profilemiamire.com/miamirealestate/2022/10/13/profilemiami-guide-to-art-basel-2022-art

๐Ÿ‘€ WE SEE YOU, John Reza Parsiani P.A.! This Master Brokers Forum member represented the developer in this recent $4 million-plus sale of two Aria Reserve Miami units to soccer pro Paul Pogba. (See article below.) Congratulations! http://therealdeal.com/miami/2022/11/22/consolation-prize-soccer-pro-paul-pogba-buying-miami-condos/

"๐™๐™๐™š๐™ง๐™š’๐™จ ๐™จ๐™ฉ๐™ž๐™ก๐™ก ๐™– ๐™ก๐™ค๐™ฃ๐™œ ๐™ก๐™ž๐™ฃ๐™š ๐™ค๐™› ๐™—๐™ช๐™ฎ๐™š๐™ง๐™จ ๐™›๐™ง๐™ค๐™ข ๐™–๐™˜๐™ง๐™ค๐™จ๐™จ ๐™ฉ๐™๐™š ๐™˜๐™ค๐™ช๐™ฃ๐™ฉ๐™ง๐™ฎ ๐™–๐™ฃ๐™™ ๐™ค๐™ซ๐™š๐™ง๐™จ๐™š๐™–๐™จ ๐™—๐™ช๐™ฎ๐™ž๐™ฃ๐™œ ๐™๐™ค๐™ข๐™š๐™จ ๐™๐™š๐™ง๐™š, undaunted by the price tags..." (Article link below.) http://www.miamiherald.com/news/business/real-estate-news/article269047422.html

These Master Brokers Forum members were all involved in last week's top ten Miami condo sales, a week in which "...volume and average price bounced back significantly." (Article link below.) Congratulations! http://therealdeal.com/miami/2022/11/22/fisher-island-unit-tops-miami-dades-weekly-condo-sales/

"...the direct connection will remove a number of cars from the perennially chock-a-blocked Interstate 95. 'Every time we get more train sets going into downtown Miami it frees up capacity on I-95...'" http://www.sun-sentinel.com/business/fl-bz-tri-rail-miami-central-progress-20221118-44tao2qugzhxlp6n6ylkpx6erq-story.html

๐ŸŒด 7๏ธโƒฃ "๐™ˆ๐™ž๐™–๐™ข๐™ž ๐™ฅ๐™ก๐™–๐™˜๐™š๐™™ ๐™‰๐™ค. 7 ๐™ค๐™ฃ ๐™ฉ๐™๐™š ๐™ค๐™ซ๐™š๐™ง๐™–๐™ก๐™ก ๐™—๐™š๐™จ๐™ฉ ๐™ฅ๐™ง๐™ค๐™จ๐™ฅ๐™š๐™˜๐™ฉ๐™จ ๐™ก๐™ž๐™จ๐™ฉ. The city was...described as among the fastest-growing markets in the U.S. with “solid” economic performance and recovery." http://southfloridaagentmagazine.com/2022/11/04/miami-named-one-of-the-cities-with-the-best-real-estate-prospects-in-2023/

WATCH: Video highlights from this month's outstanding Gold Coast Master Brokers Forum discussion and dinner, generously hosted by Selene Oceanfront Residences. CEO panelists Margy Grant from Florida Realtors and Dionna Brahs Hall from Broward, Palm Beaches & St. Lucie Realtors discussed "The Big Three" issues impacting Florida real estate (plus a few others!) https://youtu.be/JdDGxQ-jL4M

"The pandemic-induced migration of hedge fund managers, financial services professionals, tech and cryptocurrency entrepreneurs and ultra-wealthy individuals has transformed Miami into the capitalist capital of the world." (Article link below.) http://therealdeal.com/miami/2022/11/11/miami-is-the-last-man-standing-marc-roberts-weighs-in-with-robert-rivani-on-hospitality/

Today and every day. Thank you Veterans!

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