The Hidden Costs of Title Insurance

The Hidden Costs of Title Insurance Buying a home is a dream come true for many, but it comes with a hefty price tag. Beyond the cost of the home itself, there are several additional expenses that can take you by surprise. Today, we're diving into one of the biggest—and often least understood—costs of buying a home: title insurance. Let's explore what it is, why you need it, and why it's such a significant expense So, what exactly is title…

Florida Condo Crisis: New Law Threatens Real Estate Market?

Florida Condo Crisis: New Law Threatens Real Estate Market?

Florida Condo Crisis: New Law Threatens Real Estate Market? Today, we're diving into a critical issue that's making waves in Florida's real estate market—specifically, the escalating condo crisis that could reshape the state's housing landscape and potentially affect markets nationwide. This situation stems from new regulations that have been introduced to ensure the safety and integrity of aging condominium buildings. However, these regulations may have far-reaching consequences that could leave many residents and property owners in a precarious position. Let's…

Population of Miami is dropping

Population of Miami is dropping. More people are leaving than arriving

Population of Miami is dropping. More people are leaving than arriving. Are you ready for a surprising and unexpected news? According to recent article in Wall Street Journal the population of Miami is dropping - more people are leaving Miami than moving in. It happens because of increased housing costs and reduced opportunities for low-skilled employees. Between 2020 and 2022, according to U.S. Census, the population of Miami-Dade county reduced by around 80,000 people. Some went to other places in…

Title: Reviving Empty Offices: Transforming Unused Space into Urban Farms and Homes

Reviving Empty Offices: Transforming Unused Space into Urban Farms and Homes

Reviving Empty Offices: Transforming Unused Space into Urban Farms and Homes Because of the pandemic, lots of people started working from home, right? So, what happened to the offices they used to work at? They've ended up being left empty, a lot of them. They do not produce any income. Owners of these spaces are having a tough time too. They're finding it difficult to get money to keep their properties or to build new ones. Some buildings are even…

the rise of Miami

The Rise of Miami: From Sunshine Haven to Technology Mecca

The Rise of Miami: From Sunshine Haven to Technology Mecca Looking ahead, South Florida, and particularly Miami, is a region that has captured significant attention, especially after the pandemic. As people left crowded cities like San Francisco, New York, and Chicago during the health crisis, many sought refuge in the sunny and vibrant cities of Florida, like Miami, Fort Lauderdale, Tampa, and Orlando. But the experts say that in the next few years, a lot of them might move back…

Understanding Florida’s Housing Market: A Focus on Miami

Understanding Florida's Housing Market: A Focus on Miami Florida's housing market, especially in Miami, has drawn attention due to its unique features and impact on the state's economy. To grasp a complete picture, it's important to examine different housing price indexes. Let's explore the Case-Shiller and FHFA indexes to understand Florida's real estate scene. In April, the Case-Shiller index showed a drop in home prices for the first time in 11 years. This happened because mortgage rates became higher, making…

Sunny Isles Beach, FL – Comprehensive Review of All Condo Building in Communities in the City

For this article we have performed an extensive analysis to summarize information on all buildings and communities in Sunny Isles Beach, Florida, one of the most popular cities in South Florida. We have dived deep into real estate data to identify communities where inventory is low, and it is a good time to sell, and we also highlighted building where there is a high inventory, and it is a good time to shop.In the first part of the article, you…

Surfside, FL – How Collapse of Champlain South Building Changed Real Estate Market in Florida

We all know about the tragedy in Surfside, where a 13-story building collapsed on Thursday, June 24, 2021. More than 2 months have passed since the event, and in this issue we will take a look at real estate market to understand how the Surfside crash affected the local real estate conditions. Surfside is an ocean-front town in Miami-Dade County, South Florida. The city is located just north of Miami Beach and south of Bal Harbor. The city has a…

aventura isles

Aventura Isles – Modern Community of Homes and Townhomes in Miami, FL

Aventura Isles – Modern Community of Homes and Townhomes in Miami, FL August 2021 Inventory Report As you know, the coronavirus pandemic has changed the preferences of homeowners. Many people now prefer to live in townhouses or single-family houses, and try to avoid living in high-rise buildings. In your own home, you have more personal space and a great opportunity to avoid large groups of people. In addition, out-of-state migration to Florida and low interest rates have created additional demand…

LOW INVENTORY IN REAL ESTATE: Analyzing townhome community POINCIANA ISLAND in Sunny Isles Beach FL

In this article we want to show you an example how strong demand on waterfront townhomes impacted one of popular communities in South Florida. Corona Virus Pandemic changed preferences of homeowners – many people now want to have more space in their homes and have more access to recreational activities not available in a condominium. Low interest rates and migration to Florida from other states created very high demand for waterfront homes and townhouses. For this analysis we selected community…