The Miami Herald conducted an interesting and thought provoking audit of local influencers in the wake of the Trump Election (here). Their piece sought to assess the reaction of professionals who are active in local real estate, one of South Florida’s biggest industries. The Herald spoke with realtors, developers, economists, bankers, and lawyers about short…Continue Reading
My firm has culled through all the data fit to print and has released a mid-year review on Miami’s luxury single family home category. The state of the market shows a residential shift noting a transition that allows buyers a greater selection of inventory and at time – increased negotiating power over sellers. The transition…Continue Reading
My firm’s 2016 Trends Report has been released. Rich with data, and the finished product dives into the current state of the market in the most desirable South Florida enclaves. The region has matured into a more diversified and vibrant economy. Buyers are finding themselves with more opportunity, but the best-in-class, newer projects still represent…Continue Reading
I’ve kicked off a fresh year of strong sales but it’s also fun to look back and celebrate 2015 milestones with recently released data. Hard numbers show that our strong global Sotheby’s network is equally strong statewide. In 2015 my firm achieved $7.6 Billion in sales for Florida alone. And ONE Sotheby’s is the top…Continue Reading
My firm released our Q3 Trends Update for Miami-Dade’s luxury real estate community. Miami-Dade data for select high-end markets demonstrates that overall single family and condo pricing is up over 4% year-over-year between Q3-2014 and Q3-2015. Notably, both the Single Family and Condo market saw a decline in the total number of transactions and the…Continue Reading
The Next Miami recently reported on a fact that seems undeniable as a resident of Miami Beach. They explained that Miami’s population has grown at a faster rate than any other large U.S. city since 2008. They went on to show that Miami is also flourishing with job opportunity, in fact, we’re the top ranked…Continue Reading
Last month yielded growth statistics regarding real estate purchase trends of the elusive UHNWI (the Ultra High Net Worth Individual) demographic whose asset base is $30M+. Wealth-X & Sotheby’s International Realty, partnered on the UHNW Residential Real Estate Index to update the UHNW Residential Real Estate index which rose to 115.2 in Q2 2015. This…Continue Reading
The global appetite for the Miami lifestyle is not slowing down. In fact, in 2014 Miami was the second most popular destination for international visitors in 2014, as reported by the U.S. Department of Commerce. A new record was set as international visits to Miami increased 21%, with traffic second to only NYC (note –…Continue Reading
Sotheby’s International Realty brand and Wealth-X partnered this year for the Europe, Middle East and Africa Luxury Residential Real Estate Report For 2015, the second of four custom reports planned for 2015. As a member of our prestigious global brand, it’s my honor to be able to connect Miami with highly qualified buyers abroad. The…Continue Reading
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