Miami Real Estate Podcast

Welcome to another installment of Economic Insights, brought to you by the Miami Real Estate Podcast! This month, our correspondent Jessica Edgerton from Leading Real Estate Companies of the World®️ brings us the latest analysis from their Chief Economist, Dr. Marci Rossell. Tune in as Jessica shares Dr. Rossell's top 5 takeaways for August 2024. Japan’s Economic Shockwaves: The Bank of Japan's surprise rate hike created global market volatility, particularly affecting the "carry trade" strategy. Despite this, Dr. Rossell believes it is unlikely to trigger a global or U.S. recession. U.S. Federal Reserve Rate Cut Expectations: With inflation at 2.9% — the lowest since 2021 — a rate cut is expected in September, and another after the November election. Mortgage rates could stabilize around 5.5%. Mortgage Rate Fluctuations: Mortgage rates have increased slightly, but as they approach 5.5%, refinancing risks diminish, potentially bringing stability by year-end. No Evidence of U.S. Economic Slowdown: Despite high prices, consumer spending and job growth remain strong, with GDP growth projected at 2.9%. Dr. Rossell sees no signs of a U.S. recession. Global Economic Outlook: Japan's economic changes have affected countries with overvalued currencies, but as the U.S. Federal Reserve lowers rates, emerging markets like Mexico and Brazil could benefit from increased investment. Guest: Dr. Marci Rossell Host: Jessica Edgerton Producer: Omar De Windt, Veronica Paris

In this episode of the Miami Real Estate Podcast, we sit down with David Podein, an equity partner at Haber Law, to explore the current landscape of Miami's condo market. David breaks down the market into three key segments: the high-end market, which is thriving with record-breaking prices; the middle market, facing challenges due to new reserve requirements and recertification costs; and the lower end, struggling with aging buildings and expensive repairs. David shares valuable advice for condo buyers, emphasizing the importance of conducting thorough due diligence on a building’s financial health, reserves, and upcoming projects—essentially treating the purchase like an investment in a company. He also discusses recent Florida legislation, including Senate Bill 4D and HB 1021, which have increased transparency and empowered condo owners. Finally, David delves into the growing trend of condo terminations, where entire buildings are sold to developers, and provides insight into strategies like "conditional terminations" that give associations more control. Whether you're a buyer, investor, or simply curious about Miami's real estate market, this episode offers key insights you won't want to miss. Guest: David Podein Host: Omar De Windt Producer: Veronica Paris

Unlock the keys to real estate success in Miami with insider tips from Cervera Real Estate Top Producer, Bill Brothers. Discover invaluable advice for new agents on how to kickstart your career and thrive in the competitive Miami real estate market. In this episode, Bill shares his insights on: 🔑 The 4 essential keys to real estate success for new agents 🔑 Best practices for converting prospects into loyal clients 🔑 Effective follow-up strategies that lead to closing deals 🔑 The art of closing the deal and building long-term client loyalty 🔑 Mastering real estate branding to stand out in the Miami market Don't miss out on these game-changing strategies—tune in now and take your first step toward becoming a top producer in Miami real estate! Subscribe to our podcast for more expert tips and insider knowledge. Host: Omar De Windt Producer: Veronica Paris

Miami real estate expert Alicia Cervera Lamadrid shares her perspective on the NAR settlement agreement, the Miami condo market, and key issues impacting South Florida real estate. Often hailed as one of Miami's most influential power players, Alicia Cervera Lamadrid stands as an indomitable force in the vibrant South Florida real estate industry. Throughout her remarkable real estate journey, Cervera Lamadrid has worked alongside various iconic developers to achieve the successful sellout of more than 125 luxury high-rise condominiums across South Florida, facilitating over $20 billion in sales. Together with her visionary mother, Alicia Cervera Sr., founder of Cervera Real Estate, and her sister, Veronica Cervera Goeseke, she has played an integral role in the revitalization of neighborhoods across the region, including Brickell, Miami Beach’s South of Fifth, Downtown Miami, Coconut Grove, and Edgewater. Today, as Managing Partner of Cervera Real Estate, she oversees more than $4.5 billion of real estate sales in pre-construction and general real estate. Above all, Cervera Lamadrid remains more bullish than ever on the future of Miami and its status as a leading global city. Host: Omar De Windt Producer: Veronica Paris Guest: Alicia Cervera Lamadrid

Here is your June 2024 Economic Insights Report, presented by Miami Real Estate Podcast correspondent Jessica Edgerton and Dr. Marci Rossell, Chief Economist for Leading Real Estate Companies of the World.

Olivia Steele, #GIRLBOSS and Digital Business Consultant joins us for an episode on how to upgrade your webinar game, from mastering your presentation skills to maximizing engagement, Olivia shares her top strategies. Olivia Steele is a CEO, Angel Investor, and mother known for her expertise in virtual communication sales strategy. She's pioneering a new venture called Divine Feminine Leader, aiming to redefine virtual client interactions to luxury-level engagements. Olivia has developed the world's only virtual retail sales certifications, collaborating with top luxury brands. She boasts a 1500% increase in sales for brands she's worked with. Olivia is also committed to investing in the future of fearless females, blending innovation, investment, and advocacy in her approach. Host: Omar De Windt Guest: Olivia Steele Producers: Omar De Windt; Veronica Aizpurua Art: Alberto Arevalo Follow: Spotify / Apple Podcasts / YouTube / Instagram

In this episode of Economic Insights for March 2024, presented by the Miami Real Estate Podcast in collaboration with LeadingRE and Luxury Portfolio International, our hosts, Chief Economist Dr. Marci Rosell and podcast correspondent Jessica Edgerton, explore the factors influencing the Federal Reserve's target interest rate. With the economy growing at around 2.5% and inflation hovering at 2%, there's a nuanced calculation to determine the appropriate Fed funds target rate. The discussion delves into the importance of monitoring inflation closely and adjusting interest rates accordingly, to maintain economic stability. Furthermore, they examine the structure of the Federal Reserve System and its regional banks, emphasizing their pivotal role in shaping monetary policy decisions. Shifting focus, they analyze the dynamics of mortgage rates and the challenges facing commercial real estate, particularly office spaces. While some sectors, like warehousing and senior housing, thrive, office space accounts for a significant portion of commercial real estate facing challenges. Zooming out to a global perspective, they discuss significant shifts in working-age populations in major economies like China, which is facing a decline in its workforce. This demographic trend has far-reaching implications for global economic dynamics. Lastly, they touch on upcoming updates in the antitrust landscape before concluding the episode. Join them as they navigate through these economic insights, providing valuable perspectives on the current economic landscape. Stay tuned for more updates in their future episodes.

In this podcast episode, Richard Ross, CEO of Quinn Residences, discusses the 2024 rental market. Quinn Residences, an institutionally backed developer, owns 5,200 homes in the southeastern U.S., focusing on starter homes. They offer affordable rental communities with amenities and position their homes as 46-50% cheaper to rent than buy. The episode explores rental market trends, Quinn Residences' approach, and future industry trends, including technology and green features. The company collaborates with realtors, considers market expansion, and identifies hot growth markets. Overall, the episode provides insights into the current state and future trends of the rental market.

Today we’re bringing you the latest Economic Insights by Dr. Marci Rossell, chief economic for Leading Real Estate Companies of the World. This interview features Miami Real Estate Podcast correspondent Jessica Edgerton together with Dr. Rossell delivering her top 5 economic insights of December 2023, including: Federal Reserve Activity The Federal Reserve indicated in December that it was likely to make at least three rate cuts in 2024. With CPI inflation at 3% mid-month, just shy of the Fed’s 2% target rate, Dr. Rossell anticipates that Fed cuts are likely to begin in the second quarter of 2024, if not sooner. The December markets rallied in response to the Fed’s announcement, with bank stocks hitting gains not seen since before the March banking crisis. U.S. Spring Market Predictions In mid-December mortgage rates fell below 7% for the first time since August, and consumers responded accordingly, with refis up 2% and year-over-year listings up 7%. Dr. Rossell believes the market will continue to stabilize during 2024, with a notable inflection point for the better coinciding with the Fed’s first anticipated rate cut in the spring. Nonetheless, Dr. Rossell cautions against comparisons to past market patterns. “Sellers may think it’s 2020, and buyers may think it’s 2008. It’s a new year. This will be 2024, and it’s going to be its own thing.” She also cautions us to take economic news during the first quarter with a grain of salt, as markets will likely be lurching through a “two steps forward, one step back” pattern through the end of March. U.K. Update The overall outlook for the U.K.’s housing market improved in November, with sales up for the first time since November 2022. While market analysts were keeping a close eye on a steeper-than-usual decline in U.K. home prices in December, Dr. Rossell does not anticipate massive disruptions to their housing market in 2024. She notes that the country’s years-long adjustment to Brexit is coming to a close, and “we’re far enough into the new economic reality that the shockwaves are diminishing as long-term stability – both economic and political – sets in.” 2023 U.S. Labor Market in Review When asked what surprised her the most about the 2023 economic climate, Dr. Rossell responded: “The ongoing strength of labor markets. We raised rates from 0% to over 5%, and while inflation came down accordingly, we saw no meaningful impact to the labor market. Folks not only kept their jobs, but we saw 200K new jobs created every month.” She attributes the strength of the jobs market in 2023 in part to online professional networks creating less lag- time for individuals between jobs, as people tap into their networks and avoid longer-term unemployment. All Eyes on AI in 2024 When asked about uncertainties of particular concern to her in 2024, Dr. Rossell stated that AI regulation should be a priority for legislators in the coming year, as the technology’s impact on markets and the economy will continue to grow exponentially. “I’m concerned we can’t seem to get it together enough to pass simple things like a farm bill,” she said. Given the significant implications of AI, Dr. Rossell believes reasonable AI-focused lawmaking will be necessary to prevent potential unintended consequences to the economy in 2024. Host: Omar De Windt Guest: Dr. Marci Rossell Producers: Omar De Windt; Veronica Aizpurua Art: Alberto Arevalo Follow: Spotify / Apple Podcasts / YouTube / Instagram

In this episode of Navigating Senate Bill 4D and Property Transformations, we dive deep into the transformative landscape of condominium ownership, guided by the sweeping changes brought about by Senate Bill 4D. Join us as we explore the impact of these legislative shifts on consumers, homeowners, and investors alike, unraveling the intricacies of condo conversions and deconversions. Our expert guest sheds light on the defining processes and circumstances that lead to each transformation, providing valuable insights for those navigating the evolving real estate terrain. Learn how businesses in this space play a crucial role in assisting others and discover the potential pitfalls condominium owner's associations may encounter during the deconversion journey. As we dissect the biggest mistakes associations make in the deconversion process, we also unravel the risks associated with a DIY termination versus enlisting the expertise of specialized groups. Whether you're a homeowner, investor, or part of a condominium association, this episode offers a comprehensive guide to understanding and navigating the changing dynamics of property ownership in the wake of Senate Bill 4D.

In the latest Economic Insights interview with Dr. Marci Rossell, Chief Economist for Cervera Real Estate's global affiliate Leading Real Estate Companies of the World, led by Miami Real Estate Podcast correspondent Jessica Edgerton, several key economic topics were discussed. These include the impact of the Israel-Hamas war on oil prices and U.S. interest rates, China's housing crisis and its effect on consumer confidence and growth forecasts, the strong performance of the U.S. economy with low unemployment and a reduced likelihood of a U.S. recession, as well as challenges in the U.S. housing market, such as high mortgage rates, tight inventory, and slower home sales.

Carlos Manuel Castellon, CPA has more than 40 years of professional experience in tax and business advisory services. He frequently consults with foreign individuals and companies entering the United States with tax, financial, business, and immigration matters. In this episode, Carlos addresses the most frequently asked questions foreign buyers have when purchasing real estate in the U.S. Do I need a Visa to buy Real Estate in Florida? Should I buy under my name or under an entity? What is the best structure to reduce income taxes when investing in Real Estate? These questions and more are explored in this episode. About Carlos: Carlos Manuel Castellon, CPA, graduated from Florida International University (FIU) in 1982 with a bachelor’s degree in business administration with a concentration in accounting and taxation. He began his career in public accounting in 1982 with KPMG, a "Big 4" international accounting firm. He then opened his own firm in 1987 and it has grown to become one of the most recognized Hispanic CPA firms in South Florida specializing in International Taxation. Castellon Halloun PL is a founding member of ICG-International Consulting Group, an alliance of tax professionals, attorneys, and consultants in more than 25 countries. He has been a member and director of the following organizations: Host: Omar De Windt Producers: Omar De Windt; Veronica Aizpurua

Artefacto CEO and design visionary Paulo Bacchi joins Miami Real Estate Podcast host Omar De Windt for a conversation about the company’s first US-branded luxury condominium tower: Origin Residences by Artefacto — an exclusive collection of 27 waterfront luxury 2- to 4-bedroom residences nestled on the westernmost part of Miami’s Bay Harbor Islands. About Artefacto Artefacto is internationally recognized as South Florida’s go-to for captivating multi-million-dollar condos in the most iconic architectural towers, as well as custom estates from Miami to Palm Beach. Brand loyalists span South Florida’s top brokers and developers, to interior designers and architects, to celebrities and socialites, who rely on Artefacto for turn-key interiors that elevate and define South Florida living. A signature Artefacto home features layered organic textures and furnishings, surrounded by warm contemporary luxuries. Rooms are styled around a single statement piece, while embracing a full monochrome aesthetic, rich in neutral tones. CEO Paulo Bacchi started building his legacy at 18 when he joined the company founded by his father Albino in São Paulo in 1976. He tripled Artefactos business in the ‘90s and took over the company a decade later, expanding his company to the US in 2002. Today, Paulo instills his passion and work ethic in his twin sons, Bruno and Pietro, who started working at the age of 14, learning from their father’s example. His sons now work closely with him on all areas of the business, including operation of the expansive local distribution center and vast inventory, to create singular turn-key lifestyles in South Florida’s most coveted neighborhoods. For more information, visit Artefacto.com or an Artefacto showroom in Aventura, Coral Gables, or Doral. About Origin Residences by Artefacto Origin Residences by Artefacto is a new luxury boutique condominium in Miami’s exclusive and exciting Bay Harbor Islands. This new luxury waterfront development features an exclusive collection of 27 expansive two-to-four bedroom residences, ranging from 1,300 square feet to 2,330 square feet, and offers residents a private marina with direct access to the Atlantic Ocean and the Miami and Fort Lauderdale Intracoastal waterways. The development will feature top-of-the-line amenities including a panoramic rooftop pool with poolside summer kitchens and bar, a lobby lounge[AR1] , a kids playroom, a co-working meeting space, a gym with state-of-the-art equipment, a 24/7 attended lobby, a pet zone, and more. Each unit features an expansive floor layout with floor-to-ceiling sliding glass doors and windows, panoramic private balconies, Italian porcelain flooring and more. Host: Omar De Windt Guest: Paulo Bacchi Producer: Vero Aizpurua

Today we’re bringing you the latest Economic Insights by Dr. Marci Rossell, chief economic for Cervera Real Estate's global affiliate Leading Real Estate Companies of the World. Led by Miami Real Estate Podcast correspondent Jessica Edgerton, this interview with Dr. Rossell covers inflation and the Federal response; the debit limit deal; mortgage rates and inventory; housing bubble chatter; and a recession outlook.

Jeff Ransdell is Managing Director and Founding Partner at Fuel Venture Capital. He joins us in this episode for a Miami tech check-in and to discuss how will the collapse of SVB Bank impact South Florida and its start-up environment. Founded in 2017 and headquartered in Miami, Florida, Fuel VC has $700 million assets under management and boasts a portfolio of 33 technology startups based across the globe, including several based in Miami, such as tax filing app Taxfyle, digital banking fintech NovoPayment, micro-sports betting platform Betr, and virtual reality studio AEXLAB. Prior to co-founding Fuel VC, Jeff served as a managing director and market executive of Bank of America Merrill Lynch, where he oversaw more than $130 billion of global private client investment assets, a P&L of $2 billion, and over 2,000 employees across the Southeast Wealth Management Division. Host: Omar De Windt Producer: Vero Aizpurua

Venha conhecer uma nova modalidade de financiamento para compra de imóveis nos Estados Unidos para você brasileiro que possui imóveis no Brasil

Dr. Marci Rossell is the chief economist for Cervera Real Estate’s global affiliate network Leading Real Estate Companies of the World.® In this interview with Miami Real Estate Podcast correspondent Jessica Edgerton, Dr. Rossell delivers her top five economic insights on inflation, mortgage origination and consumer sentiment, loan delinquencies, housing inventory, and the debt ceiling.

In this episode, Miami Master Brokers Forum chair Iliana Abella joins Omar and Alicia to discuss the organization’s 2023 predictions on topics including South Florida market values, ChatGPT and more. Established in 1993, the Master Brokers Forum is a unique organization comprised of South Florida's top residential real estate professionals. The MBF provides its members with the opportunity to network and exchange ideas, stay at the cutting edge of the real estate industry and new products, and spearhead the identity of the best of real estate professionalism. Membership is limited to the region's most successful real estate professionals, and is by invitation only. Iliana Abella is currently serving her third year as chair of the Master Brokers Forum (Miami Chapter.) She is the executive director of sales at the Abella Group at Compass, and has specialized in Miami’s luxury real estate sector for more than 30 years. For more information, visit www.masterbrokersforum.com.

Florida's Senate Bill 4D, which was passed in May 2022, made it mandatory for all Florida condominium and cooperative buildings, three stories or higher, to undergo milestone inspections, structural inspections, and submit specific information to the DBPR. This legislation came as a direct result of the Champlain towers tragedy. In addition, regarding the funding of reserves for the continued maintenance and repair of condominium and cooperative buildings, among other things, the bill prohibits waiver of reserves by associations for certain structural components. If you or your clients live in a condominium — or are considering purchasing one. You’ll want to understand how this legislation impacts you. Joining us today shed color on this topic is legal expert David Podein, a Partner and chair of the Real Estate and Transactional Law Group at Miami-based Haber Law. Host: Omar De Windt Guest: David Podein Producer: Vero Aizpurua

We’re kicking off 2023 with a new Miami Real Estate Podcast series— “Economic Insights with Dr. Marci Rossell.” Dr. Marci Rossell is the chief economist for Cervera Real Estate’s global affiliate network Leading Real Estate Companies of the World.® — Leading Real Estate Companies of the World (or LeadingRE for short) is a global community of 550 independently owned real estate companies across 70 countries that are awarded membership based on rigorous standards for service and performance. And Cervera Real Estate being of course, the parent company of the Miami Real Estate Podcast and one of the largest and oldest independently owned brokerages in South Florida. Economic Insights will be led by Jessica Edgerton, executive vp of operations for LeadingRE, and our new Miami Real Estate Podcast correspondent, together with Dr. Marci Rossell. On the 1st Thursday of every month, our Economic Insights Report interview will give listeners a macro perspective on the major domestic and global issues that impact communities across the world including, of course, Miami real estate. In this first installment, Dr. Rossell delivers her top 5 economic insights from the month of December and how they may impact us in 2023, including inflation, consumer sentiment, Federal Reserve Activity, the U.S. housing market, and European energy outlook.