2024 Midyear Miami Housing Report and Forecast Revealing Surprising Market Trends!

[@amypalmamiami]

Great info David and wonderful knowledgeable guest!

[@DavidSiddons]

Glad you enjoyed it!

[@scottbarker21]

Pods just released data showing miami is 3rd on cities with highest "move out" rate in the US. Can one assume this relates to people being priced out of a rising market combined with rising interest rates? Ana's stat on Assets Under management makes me think that much of the growth in Miami is High Net Worth families from NYC and that area are causing Miami to continue its price growth. Great video David and Ana- super informative.

[@DavidSiddons]

Yes, what we have happening is a mass migration of wealth. Thanks for watching and glad you're enjoying the content!

[@fl0ridaman123]

awesome that you are mentioning glenvar heights, great area for families!

[@DavidSiddons]

Absolutely!

[@alexscarpetta8471]

Super informative deep dive in the economic foundations of the upward pressure on prices in our area. Thanks 🙏

[@DavidSiddons]

Glad it was helpful!

[@timothyhobbs5256]

Love your videos!

[@DavidSiddons]

Glad you like them!

[@nickthequick]

Ana Bozovic is great and charismatic as usual and you both make a compelling case for your story. However, I do find it somewhat unfair of you to carpet bomb KZbinrs in general who warn of impending doom in the Florida housing market, because they are generally looking at mass market products, and/or areas that are not your core areas of business (David). You can "both" be right at the same time. I don't follow many channels but a guy like Nick from Reventure Consulting is pretty strong too where it comes to data and analytics, however he does also always highlight the fractured reality of the US housing market.

[@jameswalker366]

Great video. The bouncing silhouette in the window is however a little distracting.

[@DavidSiddons]

Thank you and noted!

[@carlkent1226]

The data is behind current market, houses going pending coming back to market multiple times. Realtors are biased so be careful where you source your information from, to be fair some info is legitimate and not skewed. That said, Look at turkey point and you will see Miami is not the place in Florida you want to be. When you plan on making a place home at the very least you want to be safe from a possible Fukushima event DYOR. Miami is not crashing nowhere is crashing its a slow continuous decline and Miami and Miami dade county are two different markets. Sales have been in decline all of 2024. Purchases still occurring is pure speculation from investment funds and the condo market is in serious trouble. Even Don Peebles is stating the cool down is and has been happening. Don’t rely on one source of information DYOR. I believe you will be surprised the quality of life there.