Concierge

South Florida Real Estate Blog

Category: Market Updates

Federal Reserve Rate Cut Sparks Growth in South Florida’s Luxury Real Estate Market

September 19, 2024

The Federal Reserve’s recent decision to cut interest rates is fueling growth in South Florida’s luxury real estate market. Discover how lower borrowing costs are attracting high-net-worth buyers and driving demand for upscale properties.

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Key Real Estate Changes in 2024: What Homeowners and Buyers Need to Know

August 26, 2024

The real estate market is undergoing significant changes in 2024, with new rules affecting both homeowners and buyers. From formal buyer representation agreements to shifting commission structures, these updates are designed to create a more transparent and fair process. In this article, we’ll break down the key changes and what they mean for you.

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2024 Luxury Real Estate Market Update: Trends and Positive Outlook

June 10, 2024

The luxury real estate market in North America has shown remarkable resilience and growth as we enter the height of the 2024 spring market. The latest report from The Institute for Luxury Home Marketing highlights key trends and positive developments across the United States and Canada, reflecting a robust market driven by consistent demand and evolving consumer preferences.

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Elevate Your Investment Strategy with Our Latest Wealth Insights

March 6, 2024

The DEKF Wealth Report 2024 offers an in-depth analysis of global wealth trends, focusing on prime property and investment opportunities. It underscores a significant shift towards digital and AI-driven investment strategies, highlighting the increasing importance of sustainable and tech-focused real estate. The report serves as an essential resource for investors aiming to navigate the complexities of the global market, presenting expert insights into wealth creation, luxury real estate trends, and the future of investment in a post-pandemic world.

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Insight into the Future of Prime Residential Markets

January 25, 2024

This report offers a comprehensive look at the prime residential market, forecasting a 2.4% growth in prime prices in 2023 and a further 2.5% in 2024. 

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Zillow CEO Provides Detailed Look into the Growth of His $10 Billion Company

April 16, 2018

The CEO of Zillow, Spencer Rascoff was recently interviewed by Forbes Magazine, and he shared a detailed look into the strategy that has turned his company into a $10 Billion real estate listing giant. In 2007, after Apple’s announcement that the company would allow third-party apps on the iPhone, Rascoff bet everything on mobile development and compatibility.

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Canadian Buyers Show Increased Activity in South Florida Residential Real Estate

February 19, 2018

According to the National Realtors Association of Realtors, Canadians made up 9 percent of foreign buyers of South Florida residential properties last year. That number is up from 6 percent in purchased in 2016. Canadians also bought $19 billion of residential property in the United States last year, more than double their $8.9 million of purchases in 2016.

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AirBnB Reports $45.7 Million in Tax Revenue Collected in Florida

February 13, 2018

AirBnB recently announced its hosts are contributing to local and state government coffers with a new and lucrative cash stream. The company released a press release noting that AirBnB collected $45.7 million in tax revenues in 2017. Those taxes were remitted to the Florida Department of Revenue and to the 39 counties that have signed agreements with the company. Of that lump sum, Miami-Dade and Broward counties accounted for 40 percent of the total at $18.3 million. The 2017 tax revenue collection is more than double the numbers recorded in 2016.

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