Miami Luxury Real Estate Market Update 2024: Truth and Lies Uncovered

[@MannyLopez-f5g]

Appreciate this podcast tremendously and having an expert guest takes it to a whole new level. Thanks again !!!

[@illusionsnc]

So much of this content translates to other American markets. The context and vehicle that is David Siddons Group is comforting to listen to.

[@nickgeorgiou7770]

Great job explaining the differences between neighborhoods and effects on real estate

[@ddschultz]

Once again, thank you both for doing these podcasts. Very helpful information. I really look forward to these.

[@MichaelGabreil]

Watching this Video is really an eye opener. And am so happy ,The only little problem I have is, not knowing where to start from, I really want to invest in my future, but just don't know where to start from, I really wish someone can put me through

[@ricardog.r.2418]

Great interview-very insightful questions and a thorough analysis of the current home sale market. However, I found the way your guest addressed some of the comments a bit dismissive, especially when presenting facts. While it's true that many offices and projects are in the pipeline, that doesn’t necessarily mean they will be completed soon; at the same time some other commercial buildings still remains vacant. A lot of these developments remain on paper for extended periods, sometimes due to Miami’s notoriously permitting process, which can take a significant amount of time. Not to mention, the extremely high permitting fees can be a deterrent for developers. In some cases, projects are even processed purely to increase land value, rather than with the intent to actually build. On the other hand, while it's unlikely the city will be underwater in the near future, many areas have been designated by FEMA as high-risk flood zones in recent years. This designation means homeowners are now required to have flood insurance, which adds additional costs to monthly or yearly expenses, as you mentioned. As a result of these designations, for new construction, homes must be built at least one foot above the base flood elevation, making the process of building more expensive. While photos of Brickell Key may paint a certain picture, these will not depict the full frame. I did enjoy the interview and found it to be very informative. Thanks for the engaging conversation!

[@timothyhobbs5256]

Very well done both of you!

[@analyticsmiami184]

Thank you! :)

[@Cocolicious08758]

I love when you have this lady on she knows her shiz! David let her speak dude! You love to hear yourself

[@mikeroth6664]

Very good info, tnx

[@JonathanEricStaffordLLC]

Breakdown of new construction condos…26 in palm beach/ 70 Broward/ 127 Miami dade. A lot are near sold out. A lot held off on breaking ground until borrowing cost go down. Some are taking out loans bs financing off sales simply don’t have interest. Seeing the vast difference in marketing between them is rather astonishing because some seem to actually try while others are near secrets.

[@HenrykSienkaniec]

Excellent Podcast. Both dress up for Miami , looking 👀 very successful. The truth it is that both of them are an Expert 💰, both of them told us. Bull Shit! Bull Shit! They are so rich , they just don’t care how much they pay 💰 Real estate is today the worst investment.

[@paolavazquezdelmercado6021]

As a broker selling land banking and development sites. I am seeing a lot of pre construction projects over $ 1 million in bad locations next to highways, railroads, no views, small sq ft, fancy brand names and most of them on short rentals. Most cash foreign buyers are sold that they will appreciate and become income producing properties with returns of 120 % and I honestly don’t see the appreciation, income with tax implications , HOA and surplus of same product by millions of units.

[@evangelinacarvalho-s6t]

Great content, as always! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@nickthequick]

There is a reason why it's called "mass media" - it's media for the masses, in other words, those who do not buy the product you're selling. That mass media must per definition address the concerns of their audience, and the headlines must therefore be "Florida's condo market is [in a crisis - or whatever]" (of course that does not justify wildly inaccurate numbers) and they are right in ignoring the small, exclusive corner of the market that you inhabit. No need to get your knickers in a twist about it. Otherwise, as always, interesting conversations.

[@PS-qz1zn]

HOPE YOU SAVED UP SOME MONEY..