Where Is The Real Estate Market Still Hot - Miami - Hamre Real Estate Team RE/MAX Affiliates Ottawa
Posted by Leif Olson on Friday, September 23, 2022 at 3:54 PM
By Leif Olson / September 23, 2022
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Sometimes you gotta go to where the market's hot
Today it's hot in South Florida.
I'm down at the Crush-It in Real Estate Convention!
Just for 40 hours in and out just to get a glimpse of how we take our business to the next level.
My name is Greg Hamre from the Hamre Real Estate Team RE/MAX Affiliates in Ottawa.
We're down with Anthony Lamacchia who set up some great speakers.
One of the speakers this morning is a condominium expert in Miami to give us a little bit of an insight of what's happening in Florida.
Canadians and Americans retiring up north and coming down to spend their winters here.
It's shifting to a 30-year-old age group that is really affecting a lot of the Northern States, through New England and more than ever New York City.
New Yorkers are coming to Miami.
So they say where, where a lot of times before was Canadians and new immigrants and, and retirees. And now it's that 30 year old population it's really growing here.
One condominium of many where the whole building price points start at 900,000. The penthouse is 60 million.
It's still available if you're interested, but they only have six units left in that building.
Condominium in Miami takes six years to build five to six years to build. And there there's very little land left to build on them.
And the influx of people coming out from the north.
You know, especially after COVID it was a near-death experience for a lot of people.
They're like, if I'm gonna live, I want to live my life NOW.
My job is to stay on top of what things are affecting our market, not just in the Ottawa area, not just in Canada but across North America, where I can see the trends.
I can get a real glimpse of the market.
Also to be rubbing shoulders with some of the best REALTORS® from across the country and getting insight of where this business is going.
It's no longer a changing business or market it's changed and it's been affected everywhere.
Miami actually had an uptick in August, so higher sales than the year before!
We're seeing that in certain markets, even in Ottawa, certain price categories, certain styles of homes.
If you want to talk about buying or selling in Florida.
I have the contacts for you.
I can set you up with the right lawyers and the right REALTORS® in South Florida to make sure that your transaction goes well.
We can help you with that. If you just wanna talk about real estate in general.
My name is Greg Hamre from the Hamre Real Estate Team RE/MAX Affiliates in Ottawa.
I hope to see you soon. Take care.
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