Author: Florida Real Estate News

Women Leading the Way in Commercial Real Estate: CREW Miami’s Tri-County Event Date: May 15, 2025 Location: Greenberg Traurig, Downtown Miami Focus Keyword: CREW Miami Overview of the Event On May 15, 2025, Commercial Real Estate Women Miami (CREW Miami), in partnership with CREW Fort Lauderdale/Boca Raton and CREW Palm Beach/Treasure Coast, successfully hosted “The Anatomy of the Deal”—a Tri-County Signature Event. Held at Greenberg Traurig’s Downtown Miami office and presented by FNF Family of Companies – Florida Agency, the event attracted over 100 industry professionals eager to learn about multifamily development. Engaging and Insightful Panel Diverse Expertise on Display…

Demetrius Borges: A Journey Through Commercial Real Estate Photography Demetrius Borges’ rise in the realm of commercial real estate photography is a remarkable story of passion, adaptability, and precision. His journey, from a young photographer in Brazil to the founder of Map Drone Services in Miami, Florida, showcases an enriching blend of artistic vision and technical acumen. Early Beginnings in Photography Brazilian Roots: Borges began his photography career at just 16, driven by curiosity and talent. Military Background: Simultaneously serving in the Brazilian Air Force for 30 years, he honed his skills at his father-in-law’s photography studio in Tijuca and…

Nationwide Housing Market Downturn: Home Values Decline in Multiple States The U.S. housing market is experiencing a significant downturn, with home values dropping in half of the country. According to Zillow, 27 out of the 50 states reported decreases in monthly home values this year. States like Florida, California, Colorado, Washington, D.C., and Washington state saw the steepest declines between March and April, hinting at a potentially larger shift in the market. What’s Behind the Decline? Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, emphasized that the downturn is attributed to a "bad combination of…

Florida Housing Market Facing Price Declines: Is Now the Time to Buy? According to a recent report from Bloomberg, the Florida housing market is experiencing notable challenges as the post-pandemic real estate boom begins to wane. With record-high inventory levels and debilitating increases in insurance and mortgage rates, affordability has become a significant concern for potential buyers. Key Insights from the Report Inventory Surge: The housing inventory in Florida has reached unprecedented levels, indicating an oversupply in the market. Affordability Issues: Rising insurance costs coupled with mortgage rates hovering around 7% have made home buying increasingly challenging. Price Decrease: Data…

Florida Housing Market: Current Trends and Future Outlook The Florida housing market is experiencing significant shifts, as highlighted by industry experts. Nick Parrinello, cofounder of Agile Group Realty, emphasizes, “If you focus in a tunnel on one or two stats you’ll see a lot of the headlines, but the sky’s not falling.” Let’s delve into the current status and what it means for prospective buyers and sellers. Inventory Surges Above Pre-Pandemic Levels A Shift in Market Dynamics The most cited concern among Florida real estate pessimists is the skyrocketing inventory. During the pandemic, Florida was a prime destination, leading to…

Tampa Bay Housing Market: A Shift from Pandemic Boom to Market Correction Tampa Bay, once regarded as one of the most vibrant housing markets in the U.S., is experiencing a significant shift. While the pandemic initially fueled a home-buying frenzy, recent trends indicate a cooling market characterized by declining prices and stagnant sales. The Current State of the Tampa Bay Housing Market According to preliminary April data from Homes.com, the number of homes sold in the Tampa Bay metropolitan area has remained flat year over year but has plummeted by approximately 20% since 2022. This stark contrast highlights the retreat…

Spring Home-Buying Season: Navigating Challenges and Opportunities in 2025 Editorial Note: Forbes Advisor earns a commission from partner links. These commissions do not influence our editorial opinions or evaluations. The much-anticipated spring home-buying season is approaching, but many potential buyers are proceeding cautiously amidst persistent challenges such as record-high home prices, elevated mortgage rates, and a fluctuating economic landscape. However, there are signs of improvement as certain regions experience a slowdown in home price growth and a gradual increase in inventory. Housing Market Forecast 2025: Trends and Predictions According to the S&P CoreLogic Case-Shiller Home Price Index, U.S. home prices…

Florida’s Housing Market Cooling: What to Expect by Early 2026 Florida’s once-booming housing market is showing signs of slowing down after several years of rapid appreciation. If you’ve been eyeing potential home purchases but feeling the urgency of a frenzied market, recent forecasts indicate that change is on the horizon. A report forecasts that 24 housing markets in Florida will likely experience price declines by early 2026. The Shifting Landscape of Florida Real Estate Historically, Florida real estate has been synonymous with rising prices. However, this trend appears to be reversing. According to data from Florida Realtors® for March and…

The Surprising Challenges of Moving to Florida for the Wealthy In recent years, Florida has emerged as a prime destination for affluent individuals seeking a warmer climate and more favorable tax conditions. With prominent figures like Jeff Bezos and Bethenny Frankel relocating to the Sunshine State, many were drawn in by the promise of no state income or estate taxes coupled with a laid-back lifestyle. However, the reality of moving to Florida can often include unexpected financial burdens, primarily in the form of property taxes and condo assessments. A Florida Housing Summit: Addressing Affordability Issues Understanding the complexities of living…

Is Now a Good Time to Buy a House? Key Insights and Market Trends The housing market is experiencing significant shifts, and potential homebuyers are left wondering: is now a good time to buy a house? With a shaky economy and fluctuating mortgage rates, it’s essential to navigate carefully. Here’s what you need to know. Key Takeaways: Current Environment: If you have the means, it might be an opportune time to purchase a home. Buyer Advantage: An increase in housing supply is shifting leverage to buyers amidst economic uncertainties. High Prices: The median U.S. home sale price is soaring at…