"The Miami metro added 75,300 non-farm employees during the period...Miami’s education and health services subsector saw the highest job growth, followed by construction." (Article link below.)
https://www.thenextmiami.com/miami-metro-ranks-3-for-job-growth-over-the-past-year/

These Master Brokers Forum members' Miami Beach listing (a $15.3 million home on Hibiscus Island) was Miami's most expensive property to go under contract last week. (Article link below.) Congratulations!
http://therealdeal.com/miami/2024/09/16/ex-nfl-player-andre-branch-sells-miami-beach-condo/

MASTER BROKER LISTING: Master Brokers Forum member Megan Probst presents this rarely available three-bedroom, four and one-half bathroom, two-story unit at Aquazul, offering the best of all worlds: the privacy and individuality of a one-of-a-kind seaside home spanning nearly 4,000 square feet; the benefit of ownership in Lauderdale-By-The-Sea’s premier building; and exclusive access to a plethora amenities including 24/7 concierge, a resort-style pool, tennis courts, and state-of-the-art fitness center.

Southeast-facing residence 01 enjoys private foyer access, cinematic ocean views from nearly every room, a grand ground-floor entertaining area connected to a private patio and amenity deck, and a spacious east and south facing terrace. The residence can also come fully furnished with elegant finishes and includes two parking spaces.

1600 South Ocean Boulevard, Unit 301 in Lauderdale-By-The-Sea is currently listed for $3,600,000 by Megan Probst, who can be reached at 954-999-2875 and/or megan.probst@compass.com

https://www.masterbrokersforum.com/Lauderdale-By-The-Sea-mls-listing/A11624029.htm

"Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market.

The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12...That’s down from last week’s 6.35% and well below the two-decade high of 7.79% in October 2023." (Article link below.)
https://www.cnn.com/2024/09/12/economy/mortgage-rates-september-12/index.html

Master Brokers Forum member Denice Landaeta presents this one-of-a-kind Presidential replica estate, perfectly situated in Windmill Ranch Estates, Weston's most exclusive community. This masterpiece is designed for the discerning buyer who values classic American sophistication and desires a lifestyle of extraordinary luxury. With over 11,000 square feet of living, six beds, each with its own en-suite bath and eight and one-half baths. An oval office, movie theater, cigar bar, game room, massive art gallery, kids' room, gym and car collector garage, and a large family room with a unique Asian Red room.

Built with quality, impact windows and doors, roof (2014). Indoor pool offers year-round relaxation, while the lush outdoor oasis, with exotic palm trees in over 50,000 square foot lot with lake views. This is more than just a home - it's a statement of prestige and providence.

2941 Paddock Lane in Weston is currently listed for $10,900,000 by Denice Landaeta, who can be reached at 954-914-6339 and/or denice.landaeta@dluxuss.com.

https://www.masterbrokersforum.com/Weston-mls-listing/A11630876.htm

These Master Brokers Forum members represented clients in two of last week's top 10 Miami condo sales. (Article link below.) Congratulations!
https://therealdeal.com/miami/2024/09/11/miami-dade-county-weekly-condo-report-31/

OPPORTUNITY FOR YOUR CANADIAN CLIENTS 🇨🇦
Canadian Nationals can now access special home loan programs through City National Bank of Florida.

If you have any Canadian clients looking for homes in Florida, reach out to Rich Campanella, Vice President, Mortgage Banker, and the dedicated residential lending team at City National Bank of Florida.

📞 Connect with Rich at 954-647-0106 or rich.campanella@citynational.com to explore these unique opportunities and provide your clients with the best financial solutions available!

"Miami-Dade County had 102 residential deals priced over $10 million for the first half of 2024, 𝗨𝗣 𝟯𝟮% 𝗙𝗥𝗢𝗠 𝟳𝟳 𝗗𝗨𝗥𝗜𝗡𝗚 𝗧𝗛𝗘 𝗙𝗜𝗥𝗦𝗧 𝗦𝗜𝗫 𝗠𝗢𝗡𝗧𝗛𝗦 𝗢𝗙 𝟮𝟬𝟮𝟯." http://www.miamiherald.com/news/business/real-estate-news/article291989170.html

Master Brokers Forum member Howard Chase presents this ravishing two-bedroom, two and one-half bathroom, '"05" line at the world-famous RISE at Brickell City Centre. Absolutely spectacular views over everything, including the sparkling Brickell nightlights, the Bay, the Port of Miami, the pool and the lavish amenities deck. Best line in the building with a massive 389 square foot balcony accessible from every room and a perfect split floorplan with incredible flow, sporting a wide open chef's kitchen that segues seamlessly to the island breakfast bar and ample living room.

RISE hits every note with amenities galore above the incomparable Brickell City Centre. A full service hammam, spa and salon, sprawling pool, BBQ and hot tub decks, five-star gym, children's play area, Starbucks coffee in the lobby and 24/7 security and valet make life easy. Immaculately appointed with imported Italian furnishings, the unit may be sold fully furnished.

88 SW 7 Street #3705 in Miami is currently listed for $1,157,000 by Howard Chase, who can be reached at 786-566-3505 and/or howard@howardchaserealestate.com.

https://www.masterbrokersforum.com/Miami-mls-listing/A11639402.htm

"Sales volumes at the high end of the residential market remain nearly two-thirds higher than pre-pandemic levels...𝗣𝗔𝗟𝗠 𝗕𝗘𝗔𝗖𝗛 𝗦𝗔𝗟𝗘𝗦 (𝗢𝗙 𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗜𝗘𝗦 𝗣𝗥𝗜𝗖𝗘𝗗 𝗔𝗧 $𝟭𝟬 𝗠𝗜𝗟𝗟𝗜𝗢𝗡 𝗢𝗥 𝗠𝗢𝗥𝗘) 𝗝𝗨𝗠𝗣𝗘𝗗 𝗙𝗥𝗢𝗠 𝟱𝟬 𝗧𝗢 𝟭𝟯𝟴, 𝗔𝗡𝗗 𝗠𝗜𝗔𝗠𝗜 𝗦𝗔𝗪 𝗔 𝗥𝗘𝗠𝗔𝗥𝗞𝗔𝗕𝗟𝗘 𝗜𝗡𝗖𝗥𝗘𝗔𝗦𝗘 𝗙𝗥𝗢𝗠 𝟰𝟭 𝗧𝗢 𝟭𝟰𝟵." (Article link below.)
https://www.worldpropertyjournal.com/real-estate-news/united-arab-emirates/dubai-1/real-estate-news-knight-frank-2024-wealth-report-liam-bailey-super-luxury-home-sales-data-for-2024-miami-luxury-home-sales-data-dubai-luxury-home-sale-14223.php

This Master Brokers Forum member's Coral Gables listing (a 2,600 square foot house in Old Cutler Bay) was Miami's most expensive property to go under contract last week. (Article link below.) Congratulations!
https://therealdeal.com/miami/2024/09/03/coral-gables-teardown-tops-resi-contracts-in-miami-last-week/

This Master Brokers Forum member was part of the team that brokered this record-setting deal for a Miami Beach condo. (Article link below.) Congratulations!
https://nypost.com/2024/08/30/real-estate/dj-david-guetta-sells-16m-miami-beach-condo-sets-record/

MASTER BROKER LISTING: Master Brokers Forum member Nick Adams presents a private oasis in North Pinecrest. This stunning one-story gated retreat spans 7,476 total square feet on a lushly landscaped 50,529 square-foot lot, blending luxury and tranquility. The spacious four-bedroom/three-bathroom main house boasts a new gourmet kitchen with Viking appliances, living room, dining room, family room, home office, and media room.

Other amenities include a one-bedroom/one-bathroom guest house and fitness studio with half bath. The expansive backyard is an entertainer's paradise, with a sparkling pool, Jacuzzi, and summer kitchen. Enjoy the lighted north/south tennis court, relax in the tiki hut, or stroll the nature trail. Additional features include a newer roof, whole-house generator, hurricane protection, two-car garage, and two-car carport.

6505 SW 92nd Street in Pinecrest is currently listed for $4,995,000 by Nick Adams, who can be reached at 305-632-0099 and/or nick@elegantmiamihomes.com.

https://www.masterbrokersforum.com/Pinecrest-mls-listing/A11623299.htm

These Master Brokers Forum members represented clients in three of last week's top ten Miami condo sales. (Article link below.) Congratulations!
https://therealdeal.com/miami/2024/08/27/miami-dade-county-weekly-condo-report-29/

OPPORTUNITY FOR YOUR CLIENTS‼️

CPAs can now access special home loan programs through City National Bank of Florida. If you have any CPA clients looking for homes, reach out to Rich Campanella, Vice President, Mortgage Banker, and the dedicated residential lending team at City National Bank of Florida.

📞 Connect with Rich at 954-647-0106 or rich.campanella@citynational.com to explore these unique opportunities and provide your clients with the best financial solutions available!

This Master Brokers Forum member represented the seller in this $42M sale of a Golden Beach residence; the most expensive Miami property to enter into contract last week. (Article link below.) Congratulations!
https://therealdeal.com/miami/2024/08/26/smartphone-ceo-locks-in-buyer-for-42m-golden-beach-mansion/

"Sales of condominiums worth $1 million and up, total home transactions and single-family home sales in Miami-Dade County increased year-over-year in July 2024...million-dollar condos sales jumped 6% year-over-year in July 2024 to 142 transactions." (Article link below.)
https://www.nbcmiami.com/news/local/miami-ranks-no-1-in-home-appreciation-while-sales-of-million-dollar-condos-jump-report/3399896/

Many people dismissed the recent mass migration of wealth to South Florida as just a temporary offshoot of the pandemic, but three years later, the trends are still quite robust. We examine the continued flow of unbridled affluence in this edition of “South Florida by the numbers", a Master Brokers Forum partnership with The Real Deal. (Article link below.)
https://therealdeal.com/miami/2024/08/23/south-florida-by-the-numbers-here-comes-the-money-part-ii/

"𝗙𝗟𝗢𝗥𝗜𝗗𝗔 𝗜𝗦 𝘽𝙔 𝙁𝘼𝙍 𝗧𝗛𝗘 𝗧𝗢𝗣 𝗦𝗧𝗔𝗧𝗘 𝗪𝗛𝗘𝗥𝗘 𝗛𝗜𝗚𝗛 𝗜𝗡𝗖𝗢𝗠𝗘 𝗛𝗢𝗨𝗦𝗘𝗛𝗢𝗟𝗗𝗦 𝗔𝗥𝗘 𝗠𝗢𝗩𝗜𝗡𝗚 𝗧𝗢...Florida had a net inflow of 29,771 high-income households during the period...The average income of high-earning arrivals was $907,013."

Number two was Texas, with a net inflow of 8,260 high-income households. (Article link below.)

https://www.thenextmiami.com/study-florida-gained-the-most-high-income-households-last-year/

MASTER BROKER LISTING: Master Brokers Forum member Mauricio J. Barba presents this imposing end unit villa, standing tall and proud on the corner of Cardena Street and Santander Avenue. It features a private courtyard/patio with summer kitchen and embellished with fountain and landscaping. Some features include an elevator, a stunning kitchen with Italian cabinetry, high-grade appliances, impact windows/doors, volume ceilings and exquisite flooring throughout.

Its rear entry two-car garage is accessed via the gated entrance on Cardena Street. This luminous residence is nestled on a tree-lined street where walkability and bikeability is a way of life. Just a short distance to Venetian Pool, library, youth center, parks, golf courses, fine dining and numerous shoppes. A rare opportunity and not expected to last. [Buyer to honor current lease through 2/28/2025.]

649 Santander Avenue in Coral Gables is currently listed for $2,875,000 by Mauricio Barba, who can be reached at 305.439.8311 and/or mauricio.barba@compass.com.

https://www.masterbrokersforum.com/Coral-Gables-mls-listing/A11592397.htm

WATCH: Master Brokers Forum founding board member and "Legacy Award" honoree Alicia Cervera Lamadrid shares her wisdom and insight on navigating the recent NAR rule changes:
✅ More paperwork
✅ Stay educated
✅ Communicate your value
✅ Have no fear...and embrace change!
✅ Business as usual! (with more paperwork😉)
https://www.youtube.com/watch?v=GpVhkauIvRc

MASTER BROKER LISTING: Master Brokers Forum member Heather Lefebvre invites you to experience the epitome of the beach and boating life at your luxurious 85 foot Intracoastal gated estate. Originally designed with impeccable architecture, this residence has undergone a visionary redesign in 2022, elevating it to unparalleled levels of opulence.

Refined details include honed marble and natural wood flooring to meticulously curated living spaces decorated and finished with one-of-a-kind textures/colors throughout.
Entertain in style with a gourmet kitchen tailored for hosting gatherings of any size. Enjoy premium amenities such as a full home gas generator, summer kitchen, saltwater heated pool and jacuzzi, offering sunrise and sunset terraces. All of this just moments away from culinary delights, entertainment, and pristine white sand beaches.

280 SE 28th Avenue in Pompano Beach is currently listed for $6,499,990 by Heather Lefebvre, who can be reached at (954) 254-7675 and/or heather@oceanarealiving.com.

http://www.masterbrokersforum.com/Pompano-Beach-mls-listing/F10430428.htm

MASTER BROKER LISTING: Master Brokers Forum member Ani Alexander Group with BHHS Florida Realty presents this spectacular north Coral Gables tropical oasis! A spacious 3,375 square foot, one-story, three bedroom/three bathroom plus wood-paneled study, offering a perfect blend of classical elegance and modern updates. Located on a 16,800 square foot corner lot, the covered entry leads into a large formal living room and formal dining room, which opens to an extra-large covered terrace, exuding breathtaking views of the exquisite, lush backyard, open pool area and summer kitchen, ideal for alfresco dining and entertaining!

The serene primary suite boasts double walk-in closets, a bathroom with separate sinks, makeup vanity and large shower. The gourmet kitchen is a chef's dream, featuring all wood and granite finishes. A spacious family room with wet bar also opens to the pool area. Steps away from the Country Club Prado and excellent schools - truly Florida living at its finest!

1510 Ferdinand Street in Coral Gables is currently listed for $2,799,000 by Ani Alexander, who can be reached at 305-799-6637 and/or anialex1276@gmail.com.

https://www.masterbrokersforum.com/Coral-Gables-mls-listing/A11563950.htm

OPPORTUNITY FOR YOUR CLIENTS ❗❗

Attorneys can now access special home loan programs through City National Bank of Florida.

If you have any Attorney clients looking for homes, reach out to Rich Campanella, Vice President, Mortgage Banker, and the dedicated residential lending team at City National Bank of Florida.

📞 Connect with Rich at 954-647-0106 or rich.campanella@citynational.com to explore these unique opportunities and provide your clients with the best financial solutions available!

CNBFL Member FDIC

Learn more about the team and mission behind Master Brokers Forum partner DASH!

"The company, which helps residential real estate agents find and share new development inventory, began in the tri-county area and has been expanding throughout the state. Currently, they have around 325 projects on the platform and over 6,000 agent subscribers, with 1,700 paying for the platform...“We’re here to make agents’ lives easier and to streamline the process of accessing new developments. And we’re just getting started.” (Article link below.)

https://refreshmiami.com/dashing-into-the-future-revolutionizing-real-estate-with-new-builds/

Congratulations to Master Brokers Forum members Jesse Pan, Juliana Tobon, and Jonathan Vega for being named to this prestigious "20 Under 40" Miami Association of Realtors list! (Article link below.)

https://lnkd.in/eNFjkztQ

Homebuyers who were priced out a few months ago should re-check whether they can enter the homebuying market if they have secure jobs, said Lawrence Yun, chief economist of the National Association of Realtors.

http://www.cnn.com/2024/08/08/economy/mortgage-rates-to-lowest-level-since-may-2023/index.html

"Tom Brady relocated his business to the Greater Miami area – joining multiple companies that have followed the trend...The move by Brady's enterprise follows other major businesses that have flocked to South Florida in recent years. This includes Citadel (from Chicago), and Goldman Sachs (New York)." (Article link below.)
https://www.globest.com/2024/08/06/tom-brady-follows-big-business-trend-in-miami/

MASTER BROKER INSIGHTS: From the recent Master Brokers Forum event hosted by Luminaire and AKAI Estates, former South Miami mayor and Florida state representative Julio Robaina shares the unique opportunities in the current South Florida condo market. https://youtu.be/EcRkpFGPRpE

Congratulations to our partners at City National Bank of Florida for being nominated in SEVEN categories in the Daily Business Review's "Best of 2024" list!

Please take a moment to vote at https://www.surveymonkey.com/r/BestofDBR2024

🇺🇸☀️
"Gold-medal glory is forged in Florida humidity." (Article link below.)
https://www.axios.com/local/miami/2024/08/05/olympic-athletes-train-in-florida

"The surge in luxury office prices is fueled by the influx of top financial, legal, and tech firms to Florida, drawn by its favorable tax environment. Companies that moved large portions of their workforce to Miami after the pandemic have driven up office rates. BEFORE THE PANDEMIC, LUXURY OFFICE SPACE IN THE BRICKELL AREA WAS PRICED AT $60 PER SQUARE FOOT." (Article link below.)
https://www.worldpropertyjournal.com/real-estate-news/united-states/miami-real-estate-news/commercial-real-estate-news-miami-2024-office-rent-data-office-rents-in-miami-brickell-office-market-reports-citadel-new-office-tower-in-miami-miami-r-14195.php

"Miami-Dade saw luxury single-family home contracts increase annually from 141 to 150...contracts for homes priced from $3 million to $4.99 million MORE THAN DOUBLED FROM LAST YEAR, rising from eight to 17...In Broward County, there were 62 new contracts for luxury single-family homes, up from last July’s 56."
https://www.mansionglobal.com/articles/newly-signed-contracts-for-luxury-homes-in-south-florida-are-up-for-the-first-time-in-four-months-576f7600

MASTER BROKER LISTING: Master Brokers Forum member Lynley Ciorobea presents this charming three-bedroom, three-bath home, nestled on one of the most unique streets in Coral Gables, at the edge of Santa Maria Street. This quintessential Gables home includes a bright living room and dining room, plus original oak hardwood floors. An upgraded kitchen is a haven for culinary entertainers with custom cabinetry, stainless appliances and a walk-in pantry. A separate family room with a wet bar overlooks the lush garden.

The master suite was a later addition, and is complete with a charming fireplace, two walk-in closets and ample bathroom. A private garden oasis awaits, complete with a serene patio, an ideal retreat to enjoy gardening and entertaining. It also has a two-car garage with ample storage! This home is nestled between the Biltmore Hotel and Riviera Country Club.

1246 Algardi Avenue is currently listed for $2,250,000 by Lynley Ciorobea, who can be reached at (305) 968-6505 and/or ciorobea.l@ewm.com.

http://www.masterbrokersforum.com/Coral-Gables-mls-listing/A11622863.htm

Master Brokers Forum member Ivan Chorney presents this unique residence, situated just north of the beautiful Golden Beach in South Florida. 2000 Ocean stands as a modern, 38-story glass tower that presents captivating, panoramic views of the Atlantic Ocean, Intracoastal Waterway, and the vast surrounding sandy beaches.

Residence 27A at 2000 Ocean is a luxurious half-floor corner home featuring three bedrooms plus a den, three and one-half bathrooms, ten-foot ceilings, private elevator landings, and east and west terraces. Indulge in a comprehensive range of amenities, including sunrise and sunset pools, a spa pavilion with a yoga room, an atmospheric shower, sauna, and treatment room. Stay in peak physical shape with the state-of-the-art fitness center, and enjoy the owner's lounge with a catering kitchen, an Assouline library, landscaped gardens, and an area for dog walks.

2000 Ocean Drive, Unit 27A is currently listed for $3,995,000 by Ivan Chorney, who can be reached at (786) 863-5900 and/or ivan.chorney@compass.com.

https://www.masterbrokersforum.com/Hallandale-Beach-mls-listing/A11404281.htm

"The sky-high cost of luxury offices has been fueled by the migration of top financial, legal and tech groups to Florida’s tax-friendly regime. Companies that moved large swaths of their workforce to Miami after the pandemic have driven up the price per sq ft for offices in the city." (Article link below.) http://www.ft.com/content/00d9ffb4-d9b7-4705-ada3-980c2aef0f1c

Master Brokers Forum members BonettiFox Team presents the most stunning apartment on Brickell. Be the first to live in this residence that has been completely gutted with brand new wood floors, Poggenpohl kitchen cabinetry, Sub Zero and Miele appliances and spa-like bathrooms. Jaw-dropping views of the Atlantic Ocean, Biscayne Bay, South Beach, Key Biscayne, south Brickell Avenue and all the way west to Miami International Airport.

Echo condominium is one of the newest luxury buildings in Brickell which offers five-star, resort-style amenities that include an infinity pool, a bar with food and drinks, a fitness center, in-house chauffeur service, and 24/7 valet service. This unit come with three parking spots.

1451 Brickell Avenue, Unit 4403 is currently listed for $4,950,000 by Darryl Fox (305-788-3699 / dfox@onesothebysrealty.com) and Daniella Bonetti (305-582-1639 / dbonetti@onesothebysrealty.com).

https://www.masterbrokersforum.com/Miami-mls-listing/A11482660.htm

Scenes from yesterday’s fun and relaxing “Easy Breezy” Happy Hour at The Federal in the Florida Panthers’ brand-new IcePlex. Master Brokers Forum members enjoyed each other’s company and a special visit from Stanley C. Panther!

"That ranks the Miami-Fort Lauderdale-West Palm Beach metro area fifth among the Top 5 investment return leaders with populations of at least 1 million...IN CONTRAST, SOUTH FLORIDA'S PROFIT RETURNS WERE MUCH HIGHER THAN PLACES SUCH AS NEW YORK-NEWARK-NEW JERSEY CITY (63.2%) AND LOS ANGELES-LONG BEACH-ANAHEIM (64.2%)." (Article link below.)
https://www.bizjournals.com/southflorida/news/2024/07/25/south-florida-home-sellers-made-80-profit.html

"Miami has long been a refuge for Latin America’s wealthy in times of turmoil...More recently, South Florida has seen an influx of finance professionals since the start of the pandemic as firms sought out lower taxes and sunshine." (Featuring insight from Master Brokers Forum member Miltiadis Kastanis; article link below.) http://www.bloomberg.com/news/articles/2024-07-25/miami-condos-lure-rich-mexicans-who-want-to-park-cash-overseas

We explore some recent big-ticket home sales from Coral Gables to Lighthouse Point to Palm Beach (some brokered by our own Master Brokers Forum members!) in this edition of “South Florida by the Numbers”; a MBF partnership with The Real Deal. (Article link below.)
https://therealdeal.com/miami/2024/07/24/south-florida-by-the-numbers-fireworks-in-july/

Another fantastic Master Brokers Forum "Lunch and Loans" meeting yesterday! Thanks again to our friends at City National Bank of Florida for bringing our members together to meet each other, share best practices, and learn about the bank's impressive array of products and services.

Connect with Rich Campanella at 954-647-0106 or rich.campanella@citynational.com to explore these unique opportunities and provide your clients with the best financial solutions available!

2023 Rank: #25 ➡️ 2024 Rank: #10‼️
"Miami took first place for local economy, with the highest number of new business applications over the last year and the third-highest income growth for renters." (Article link below.)
https://southfloridaagentmagazine.com/2024/07/18/miami-surges-in-renter-survey/

Master Brokers Forum member Danielle M Bastarache PA presents this beautiful five bedroom/seven and one-half bath Upper East Side Miami residence with unobstructed bay views, perched upon a gentle rise at the end of a cul-de-sac spanning two lots totaling 27,000 square feet.

Rarely available southeast point with 283 feet of water (150 feet of bayfront and 133 feet of protected side canal), dock and two boat lifts. Amazing views upon entering the stunning interiors with soaring sky-lit ceiling, spacious living areas and 30 feet of sliders offering a constant connection to the beauty of the bay, a shaded 494 square foot covered porch, Infinity pool and expanded patio. The 1,240 square foot primary bedroom feels like a private sanctuary complete with a lounging area and a full-length balcony. Three en suite bedrooms, each providing access to a covered loggia, lush garden and the majestic bay. Double-gated entry with circular drive and two-car garage.

1290 NE 83rd Street is currently listed for $10,900,000 by Danielle Bastarache, who can be reached at (954) 562-7198 and/or danielle.bastarache@floridamoves.com.

http://www.masterbrokersforum.com/Miami-mls-listing/F10423721.htm

This Master Brokers Forum member is representing the seller of this beautiful Keystone Island home, New York Mets shortstop (and part-time musician) Jose Iglesias. (Article link below.) Congratulations!
https://www.realtor.com/news/celebrity-real-estate/jose-iglesias-selling-miami-home/

MASTER BROKER INSIGHTS: From the recent Master Brokers Forum event hosted by Luminaire and AKAI Estates, former Florida condominium ombudsman Spencer Hennings explains why some condo developers are waiting to make termination offers. https://youtu.be/ZXhd5lIOTyI

"In Fort Lauderdale, before the pandemic, the most expensive home ever sold went for $17 million. 𝙏𝙊𝘿𝘼𝙔, 𝙏𝙃𝙀𝙍𝙀 𝘼𝙍𝙀 𝙀𝙄𝙂𝙃𝙏𝙀𝙀𝙉 𝙃𝙊𝙈𝙀𝙎 𝙇𝙄𝙎𝙏𝙀𝘿 𝙁𝙊𝙍 𝙈𝙊𝙍𝙀 𝙏𝙃𝘼𝙉 𝙏𝙃𝘼𝙏...it’s becoming home to millionaires looking for less-expensive ways to park a superyacht, part of a broader real estate shift in places like Texas and Tennessee but particularly in South Florida" (Article link below.)
https://www.bloomberg.com/news/features/2024-07-19/florida-home-buyers-outpriced-by-billionaires-go-to-fort-lauderdale?srnd=homepage-americas

"The state added 240,000 new jobs last year, an increase of 2.5%, the report said. GDP increased 5% in 2023 to $1.28 trillion, among the fastest nationwide. New business applications grew even faster, up 9%." (Article link below.) http://www.thenextmiami.com/cnbc-ranks-floridas-economy-as-the-best-in-u-s-in-2024/

MASTER BROKER INSIGHTS: From the recent Master Brokers Forum event hosted by Luminaire and AKAI Estates, condominium association attorney Russell Jacobs tells when Florida condo boards MUST go to "full reserves"...and how they can extend that deadline. http://youtu.be/P1jI8GhPH4g