Daniela Pellicciotti's (condoideasrealtygroup) Blog

The luxury real estate market is navigating a complex and evolving landscape, where both buyers and sellers must adapt to the changing dynamics, including pricing strategies, tax implications, and interest rate considerations. One example of this shifting landscape is Joan Dangerfield, the wife o...

New challenges for developers due to shrinking profit margins caused by rising construction costs, inflation, and insurance expenses. Some high-end features like Italian kitchens and marble floors are being reconsidered as developers adjust plans to attract lenders and navigate market volatility....

The world of luxury real estate is constantly evolving, and one particular phenomenon that has captured the attention of affluent individuals is the rise of luxurious condominiums, or "condos." These exclusive residential complexes offer a lavish lifestyle combined with privacy and convenience. M...

The Florida real estate market has exploded over the past few years. Most investors are foreign, and Florida is one of their favorite destinations, followed by California and Texas.Foreign investors are attracted to Florida's real estate market due to its favorable climate, attractive beaches, st...

Homebuying companies in the US are struggling to sell their properties as demand slows, leaving them with an oversupply of unsold houses. The housing market was booming during the pandemic, but rising home prices, limited inventory, and higher interest rates have caused demand to decrease. Despit...

Real Estate has been on a hectic ride for the past 2 years. The one factor putting the whole industry at test this year will be the hike in mortgage rates.  To make it simple, let me give you an example: if a borrower took out a loan last year for $400,000 at 3.11%, the monthly amount for a 30-ye...

“Rent is so expensive, I have trouble finding anything”. This is what we hear on a daily basis in Miami lately. In today’s renting situation, households across Florida have 2 options: increase their rent while reducing their lifestyle and diminishing the budget allowed for savings/pleasure or lea...

It is not a surprise to anyone, that after COVID-19 hit the U.S. back in March, lots of things changed and the effect was unmeasurable. However, Miami real estate, as opposed to what most predictions said, is having a great recovery and is coming out with surprising strength.  New trends came to ...

When the pandemic hit the U.S. lenders were afraid the home prices would drastically drop, so they decided to limit large mortgages to avoid a housing crisis like the one in 2008. More strict requirements for borrowers asking for high mortgages caused a drop in the supply of the jumbo loans.  Jum...

Miami area has always been a popular retiring destination for the over-60 crowd, as it has unparalleled weather, tax benefits, and cultural activities for all ages all year long.  The tax benefits come back to be one of the first advantages Miami has to offer to retirees. Some income tax, includi...