Get ready for an in-depth, no-spin exploration of the South Florida condo market. On today's podcast, we dive deep into the real economics that underpin condo values—rental income—and unpack why ignoring rentals means missing the market's core story.
Drawing directly from seasoned South Florida real estate professionals, this episode breaks down what's really happening in Greater Downtown Miami (GDM). Discover why sellers are facing more than 20 months of inventory, how rising costs are squeezing condo owners, and why sales prices are so disconnected from rental values.
We tackle the controversial "1% Rule," the high stakes of special assessments for older buildings, and why brokers remain essential in navigating today's chaotic market. From the hottest and coldest condo markets to the massive financial shifts affecting vintage properties, we provide the crucial insights every buyer, seller, and investor needs.
Whether you're eyeing luxury units or hunting for bargains, this episode reveals the real-world pressures shaping Miami condos. Listen in for sharp analysis, expert perspectives, and the million-dollar question: Is Miami uniquely immune from fundamental economics, or is a major market correction inevitable?
Amit Bhuta
COMPASS
ALL IN Miami Group
Licensed Real Estate Agent
(305) 439-3031 Mobile
amit.bhuta@compass.com
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