All Forum Posts by: Jacopo Iasiello

Hi Everyone,

As an investor passionate about sharing knowledge with a wide audience, I’m looking for platforms that connect speakers like me with event organizers. If you know of any platforms or resources that facilitate these connections, I’d greatly appreciate your recommendations!

Thank you in advance for your help! :))

Hello everyone! I’m curious to know—how do you approach your market research? Do you rely on specific data sources, gut instincts, or perhaps a blend of both? And what’s been your biggest ‘aha’ moment in uncovering hidden opportunities?

For experienced Investors here, what do you wish you knew when you're a newbie?

Broward Real Estate Market Update: September Surprises and Opportunities (My Latest Study Blog)

September brought some shifts to Broward's real estate market, especially in single-family homes, townhomes, and condos. At first glance, you might notice things are cooling down a bit, but a closer look shows that for those ready to dive in, there are fresh opportunities to be found.

Single-Family Homes: A Market Opening Up for Buyers
Single-family home sales dropped by 12.1%, going from 1,056 last year to 928, yet the median sale price actually nudged up 2.2% to $615,325. With inventory up a solid 50.1%, buyers have a wider range of options and a bit more time to find their dream property. It’s a great moment to explore what's out there, weigh options, and go for the best fit.

For sellers, a slower pace might mean adjusting expectations, but the demand remains steady. Sure, the median time to contract jumped from 21 to 35 days, but with 95% of the original list price still being met, realistic pricing and a great presentation can seal the deal.

Townhomes & Condos: Options Galore and Room to Negotiate
Townhome and condo sales saw a 17.8% dip, and cash purchases dropped by 8.1%, showing a bit of a shift in the buyer pool. Even so, the median sale price rose 4.3% to $281,500. With inventory up an impressive 90.1%, buyers have plenty to choose from—making it a terrific time to shop around, consider multiple options, and find the right match without feeling pressured.

Sellers, in a competitive market like this, a little patience and an eye-catching presentation are essential. With the median time to contract stretching 92% to 48 days, focus on quality listings, realistic pricing, and a polished look to make your property stand out.

Smart Moves for Today’s Market
For buyers, the expanded inventory means more choices. Take advantage of this, explore widely, and look for the right property at the right price. Sellers, keep your property well-maintained and inviting—it’s all about making the best impression in a market with options.

Parting Words
A shifting market is a door opening to new opportunities. As they say, “Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish.” Broward’s real estate market is evolving, and for those who stay steady and ready to adapt, the potential is endless.

Miami Real Estate Market: September’s Shifts and Surprises (My latest Study Blog)

September brought some intriguing shifts to Miami’s real estate scene—especially in single-family homes, townhomes, and condos. While the numbers hint at a slowdown, savvy buyers and sellers will see that these changes also bring unique opportunities.

Single-Family Homes: A New Landscape of Choices
Closed sales fell from 894 to 809—a 9.5% drop. But let’s talk about what went up: the median sale price, now at $653,400 (up 8.9% from last year). Inventory, too, surged by a solid 35.7%. Buyers now have more choices, and that means power is in their hands! This market calls for patience and perhaps a little extra negotiation savvy, but for those who lean in, it’s packed with potential.

Sellers, hang tight! With the median time to contract stretching from 21 to 32 days, it’s about playing the long game. The upside? Values are holding strong, with sellers receiving an average of 96% of their original list price.

Townhomes & Condos: Expanding Horizons
While townhome and condo sales dipped by 19%, the median sale price edged up slightly to $420,000. Cash deals also saw a 21.3% drop, hinting at a swing toward financed deals. The game-changer? Inventory shot up by a whopping 57.5%! Buyers, this means your options have never looked better. It’s a prime time to hunt for deals and maybe even find some hidden gems in a competitive market.

Sellers, make your listings pop! With contract times rising 70% to 51 days, standing out is key. Thoughtful pricing and presenting your property in its best light are what will capture buyer attention.

Your Move in Today’s Market
For buyers, this is your chance to explore a wider inventory and find the right fit. Take your time, but stay focused—well-priced homes are still selling. For sellers, patience pays off. Keep your property attractive and competitively priced, and you’ll connect with the right buyer.

Closing Insight
Market shifts open doors to adapt and grow. As the saying goes, “The best time to buy real estate was yesterday. The second-best time is today.” Miami’s market may be evolving, but for those ready to embrace the changes, the potential is boundless.

@Lucia Rushton Yes please im interested, let's connect thanks. 

sounds interesting

Hello, my fellow investors here in biggerpockets. Is there a real estate host here from Florida that looking for a guest speaker? I would love to connect with you! :) 

🇺🇸❤️🇮🇹 South Florida Market Stats for Palm Beach for the Month of August 2024 (Study Blog)

The Palm Beach real estate market is evolving, but there’s no need for concern—change brings new opportunities! Whether you're buying or selling, August 2024 presents a landscape filled with potential. Let's take a look at the key trends and how they can work in your favor.

Single-Family Homes: Navigating a Slower Pace

Single-family homes in Palm Beach have seen a slight cooling, with closed sales down 10.89% from last year. Despite this, the median sale price rose by 2.07%, reaching $617,500. This means homes are still holding strong value, and buyers are willing to invest in the right property.

Although cash sales dipped slightly, with 41.0% of transactions paid in cash (a 4.2% drop), more buyers are opting for financing. Sellers, it may take a bit longer to close—homes are taking 66.67% more time to go under contract, now averaging 40 days. With inventory up by 54.39%, buyers have more options than ever. But sellers, don’t let that discourage you—this just means you’ll need to be strategic with pricing and presentation.

Townhomes & Condos: A Buyer’s Dream

If you’re looking at townhomes or condos, the market is definitely in your favor. Closed sales dropped by 19.5%, while inventory surged by an impressive 77.2% compared to last year. This abundance of listings gives buyers plenty of negotiating power.

Even with the increased supply, the median sale price still rose by 3.3%, reaching $315,000. However, sellers should note that homes are taking longer to move, with the average time to contract jumping 82.1% to 51 days. Patience and flexibility will be essential in this market.

Key Takeaways

Palm Beach’s market is adjusting, but it’s far from stagnant. Sellers, focus on competitive pricing and small upgrades to help your property stand out. Buyers, this is your moment—especially in the condo and townhome sector, where inventory is booming. Take your time, explore your options, and negotiate the best deal.

As they say, "Opportunity knocks for those who are prepared." Whether you’re buying or selling, Palm Beach remains a dynamic market with plenty of room for success. Stay informed, adjust your strategies, and make the most of the opportunities ahead.

The Palm Beach real estate market is shifting, but with the right approach, it’s full of potential for everyone involved!

If you’re considering buying or selling in Broward County, there’s no denying the market is changing. But change always brings fresh opportunities! In August 2024, Broward’s real estate scene has shifted, and whether you’re a buyer or a seller, there’s plenty to take advantage of. Let’s dive into the details and see what’s happening.

Single-Family Homes: Adapting to the Slowdown

The single-family home market in Broward is experiencing some subtle changes. Closed sales are down 1.4% compared to August 2023, but here’s the good news: the median sale price has nudged up by 1%, bringing it to $606,000. While buyers may not be flooding in as quickly, those who are shopping are still willing to pay for the right property.

On the flip side, cash buyers are becoming rarer—only 21.1% of sales were paid in cash, a 16.6% drop from last year. This means more buyers are opting for financing, which is a sign of a market adjusting to new conditions. Sellers, you might feel the pinch as homes are taking a bit longer to sell. The median time to contract has increased by 39.1%, now sitting at 32 days. But don’t stress—this just means you have to make sure your property stands out, especially with 59.1% more homes on the market than last year. Buyers have more choices, but with the right strategy, you can still get your home sold quickly.

Townhomes & Condos: A Buyer’s Playground

If you’re looking for a townhome or condo, this is where the action is. Closed sales have dropped by 10%, but what really stands out is the 98.3% increase in inventory! That’s a huge jump, giving buyers a buffet of new listings to choose from.

The median sale price for townhomes and condos has held steady at $275,000, unchanged from last year. But here’s the thing—homes are staying on the market longer. The median time to contract has soared by 115.4%, now taking about 56 days. Combine that with a 118.4% rise in months’ supply, and buyers are in a great position to negotiate. Sellers, it’s time to be flexible with pricing and timelines if you want to seal the deal.

Key Insights & Takeaways

While Broward’s market may be cooling slightly, it’s far from hitting the brakes. Sellers, now is the time to be strategic—pricing your home correctly and making minor upgrades can set your property apart in this more competitive environment. For buyers, especially in the townhome and condo market, it’s an exciting time. You’ve got options and, more importantly, leverage to secure a great deal.

“Fortune favors the prepared.” Whether you’re selling or looking to invest, Broward’s real estate market is full of potential. Stay informed, adjust your approach, and make the most of the opportunities that come with these changing times.