A San Francisco-based insurance company leveraging artificial intelligence promises to reshape home insurance in parts of the U.S. facing some of the worst climate risks. In 2024, a group of Silicon Valley tech veterans launched Stand Insurance, using what the company describes as physics-based AI models to underwrite policies and create customized fire resilience plans … Read more
Developer Edgardo Defortuna and brokerage head Craig Studnicky said the foreign buyers they work with have not been deterred by the Trump administration’s crackdown on immigration. “They already have their visa, their status or they already own property here, and they’re trying to [purchase] something better, bigger,” Defortuna, CEO of Miami-based Fortune International Group, said … Read more
Fed up with sky-high home prices and the surging cost of living, New York City dwellers are increasingly searching beyond the five boroughs for a new place to settle—although most are not venturing far. To identify these would-be homebuyers’ top relocation destinations, economists at Realtor.com® looked at how many people living in Manhattan, Brooklyn, … Read more
South Florida’s office market experienced an uptick in investment sales over the past year, marking a comeback after a slowdown. Yet, distress and discounted deals are lingering, as elevated interest rates and other economic headwinds remain. Deal volume reached nearly $2.2 billion in the tri-county region in the 12-month period that ended Sept. 30, marking … Read more
Fox News host Sean Hannity joined forces with Florida Gov. Ron DeSantis to urge a mass exodus from New York City to the “free state of Florida” in the wake of Democratic socialist Zohran Mamdani‘s mayoral election win. Hannity, 63, welcomed DeSantis onto his primetime show on Nov. 4, moments before Mamdani, 34, was declared … Read more
South Florida developers are increasingly looking to EB-5 funding to fill gaps in their capital stacks, as foreign investors rush to participate before the program expires. The visa program, which provides green cards to investors and their immediate families whose funds lead to the creation of 10 full-time jobs for U.S. workers, has a … Read more
Gov. Ron DeSantis asked Floridians a big question earlier this year. “You buy a home, pay off a mortgage—and yet you still have to write a check to the government every year just to live on your own property?” he said in his State of the State speech. “Is the property yours or are you … Read more
The Real Deal‘s Miami Forum is this week. Don’t go unprepared: Here’s a primer on the South Florida real estate market. Macro issues are affecting the tri-county region. President Trump’s immigration policies threaten population growth in South Florida, which trickles down to fewer renters signing leases and an overall drop in consumer spending that affects … Read more
If you’ve got millions to drop on a Miami house, you want to be on the beach, right? Not necessarily, say experts. The elite are beginning to shun beach towns for a neighborhood that offers an increasingly in-demand perk—walkability. “Walkability is the biggest selling tool right now,” Lourdes Alatriste, of Douglas Elliman, tells Realtor.com®. “In … Read more
Start today for only $1 Subscribe Apartment construction is booming in South Florida, even though the market is past its pandemic-era leasing and rent peak. “Developers are still very bullish on the Miami story,” said Juan Arias, a national director at CoStar Group. “You have a lot [to be completed] in 2027 and 2028.” After … Read more