Found 5 blog entries tagged as South Florida Real Estate Trends.

South Florida Business Bankruptcies Jump 50% in 2025

Companies across South Florida are facing mounting financial pressures, leading to a major spike in South Florida business bankruptcies. According to data from the U.S. Bankruptcy Court for the Southern District of Florida, a total of 152 businesses filed for either Chapter 7 liquidation or Chapter 11 reorganization between January and June. This marks a sharp increase from 103 filings during the same period in 2024.

The hardest-hit counties include Miami-Dade, Broward, and Palm Beach, where the local economy has long relied on industries now facing deep operational challenges tied to South Florida business bankruptcies.

These three counties accounted for every business bankruptcy recorded in the district. From restaurants to contractors, various…

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The Truth Behind the Luxury Real Estate Market Split

The luxury real estate market split in 2025 is sharper than ever. While trophy homes are flying off the market, mid-tier luxury listings are lingering longer, burdened by rising interest rates and fewer qualified buyers. This trend isn’t just anecdotal; it’s backed by national reports, local data, and real-world examples that highlight the growing divide.

In this post, we'll uncover why all-cash purchases are dominating the high-end segment, what this means for both buyers and sellers, and how you can navigate the market strategically.

What’s Fueling the Luxury Real Estate Market Split?

In Palm Beach, luxury condos priced above $15 million are selling within days, usually to cash buyers. At the same time, homes in the $3M–$5M range are seeing…

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Why New Yorkers Moving to South Florida Brought a $9 Billion Boom

Between 2018 and 2022, more than 30,000 New Yorkers relocated to South Florida, bringing with them $9.2 billion in income. This large-scale movement isn’t just about weather or lifestyle, it reflects deeper trends in taxation, cost of living, and long-term wealth planning.

Let’s break down what this migration means for buyers, sellers, and the future of our market.

A Massive Wealth Migration From NYC to South Florida

$9.2 Billion in Income Has Relocated

According to a new report from the Citizens Budget Commission, from 2018 to 2022:

  • Palm Beach and Miami-Dade Counties gained more than 30,000 former New Yorkers

  • These movers brought $9.2 billion in income with them

  • In Palm Beach County alone, 20,000 newcomers had an…

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Why Canadian Snowbirds Are Selling U.S. Homes in 2025

What’s Causing the Shift Among Canadian Snowbirds?

Canadian snowbirds have long traveled to warm-weather states like Florida and Arizona during the colder months, but 2025 is showing a noticeable change. Many are now choosing to sell their U.S. properties and stay north of the border.

Political Tensions Are Driving Buyers Away

The political climate between the U.S. and Canada has cooled considerably. A Reuters article highlights how the rhetoric from U.S. leadership in 2025 has contributed to strained perceptions, with some Canadian homeowners feeling less welcome due to policy shifts and public statements that have received backlash in Canadian media.

New Border and Visa Policies Impact Travel

Canadian citizens who previously could stay in…

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Boca Center | Boca Raton Residential Development | Discover South Florida

In a comprehensive video presentation, Larry Mastropieri, a real estate broker and owner of The Mastropieri Group based in South Florida, discusses the dynamic landscape of residential development in Boca Raton.

The video starts with Larry emphasizing the remarkable growth in Boca Raton's residential sector, including diverse projects like luxury condos, apartment buildings, single-family home communities, and custom spec builds. He notes the visible transformation of the area, particularly in 2023. Larry introduces a new proposal from Macquarie Capital, a New York-based firm, planning a 300-unit apartment complex named Boca Center. Located west of I-95 near the town center mall, this project entails a six-story building spanning 365,000 square…

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