This podcast focuses on identifying buying opportunities and implementing strategies in the volatile South Florida condo markets of Miami-Dade, Broward and Palm Beach counties. Host Peter Zalewski is a former financial journalist who now works as a Miami real estate broker, Wall Street analyst and expert witness. This podcast is not authorized by the real estate industry and will probably annoy many of the industry’s talking heads. The CondoVultures.com podcast stresses straight talk and does include salty language that could be offensive to some.
Miami Condo Mondays™ is a live podcast hosted by Peter Zalewski of the Miami Condo Investing Club™ and veteran broker Jenny Huertas of CVRRealty.com providing an in-depth look at the latest residential real estate trends in South Florida.Recorded weekly in Greater Downtown Miami, the podcast offers a one-hour discussion on various real estate topics, including pre-construction condos, market trends and investment strategies.The hosts share their expertise, with Zalewski focusing on macro perspectives and Huertas offering micro insights from her on-the-ground experience.This episode explores discuss the current state of South Florida condo and rental pricing, factors influencing the market and key insights on specific submarkets like Miami's Coconut Grove, Fisher Island and Sunny Isles Beach.They also touch on the impact of rising costs, special assessments, rental market dynamics and insights into vintage condo markets.The last portion of the podcast is dedicated to discussing the best and worst condo markets based on the Miami Condo Cliff Index™ as of May 27, 2025.Tune in every Monday at 4 PM (EST) on the Substack of Peter Zalewski for more insights.
For this week's Miami Condo Market Intelligence Report™ newsletter, we examine the Miami Beach condo market at the halfway point of the 2024-25 South Florida Winter Buying Season that stretches from November through April.It is unclear at this point how the start of the 2025 Florida Condo Association Financial Cliff is impacting the City of Miami Beach market, which is defined as 87th Terrace south to South Pointe Drive on the barrier island, and the Atlantic Ocean west to Biscayne Bay and/or the Intracoastal Waterway.In anticipation of this pivotal year for Florida condos following new laws implemented in the wake of the Surfside tragedy, we dug into the current listings and the final 2024 condo statistics to evaluate how the Miami Beach market is performing.The metrics are not encouraging.Report: https: //peterzalewski.substack.com/p/have-miami-beach-condo-sellers-begun
For this week's Miami Condo Market Intelligence Report™ newsletter, we are examining the Greater Downtown Miami condo market at the halfway point of the 2024-25 South Florida Winter Buying Season that stretches from November through April.It is unclear at this point how the start of the 2025 Florida Condo Association Financial Cliff is impacting the Greater Downtown Miami market, which is defined as the Julia Tuttle Causeway south to the Eddie Rickenbacker Causeway, and Biscayne Bay west to Interstate 95.In anticipation of this pivotal year for Florida condos following new laws implemented in the wake of the Surfside tragedy, we dug into the current listings and the final 2024 condo statistics to evaluate how the Greater Downtown Miami market is performing.The metrics are not encouraging.Report:https://peterzalewski.substack.com/p/greater-downtown-miami-flooded-with
For this week's Miami Condo Market Intelligence Report™ newsletter, we are sharing some of the information that we have collected about the Palm Beach condo market at the start of the 2025 Florida Condo Association Financial Cliff. In anticipation of this pivotal year for Florida condos, we dug into the final 2024 condo statistics for each of the markets in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach. For Palm Beach County, we discovered that the condo market - which was a sellers market in 2021, 2022 and less so in 2023 - is firmly in a buyers market, due, in large part, to the growing number of Vintage units - at least 30 years old - listed for resale. Currently, Palm Beach County has about 10.1 months of condo supply - both Overall units as well as Vintage units - listed for resale at the start of the 2025 Condo Cliff. Read the report: https://peterzalewski.substack.com/p/palm-beach-condo-market-flailing
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the implosion of the Florida Legislature's Special Session that was requested by Gov. Ron DeSantis (R) to deal with pressing issues, including providing relief for cash-strapped condo owners facing skyrocketing fees. During the nearly six-minute podcast, Zalewski explains how things went sideways for condo owners who were hoping for a government bailout or deadline extension during the Special Session. He also reflects on a prediction by State Rep. Mike Caruso (R-Delray Beach) who said that Florida is on the brink of seeing a surge in condo foreclosures beginning as soon as March. Rep. Caruso highlighted that many elderly residents on fixed incomes are struggling with increased fees and special assessments, a situation exacerbated by laws enacted post-Surfside condo collapse. Read the report: https://peterzalewski.substack.com/p/florida-faces-condo-foreclosure-surge
Florida State Rep. Mike Caruso (R-Delray Beach) warns of the looming risks for condo owners after the Legislature's Special Session - to provide financial relief - imploded within minutes after starting on January 27, 2025. Video courtesy of The Miami Herald.
For this week's Miami Condo Market Intelligence Report™ newsletter, we offer some suggestions on how Gov. Ron DeSantis (R) and the Florida Legislature can use the free market to fix the state's condo associations during next week's Special Session. Report: https://peterzalewski.substack.com/p/heres-how-florida-can-fix-condo-associations
For this week's Miami Condo Market Intelligence Report™ newsletter, we are sharing some of the information that we have collected about the South Florida condo market at the start of the 2025 Florida Condo Association Financial Cliff. Report: https://peterzalewski.substack.com/p/condo-sellers-flood-south-florida
For this week's Miami Condo Market Intelligence Report™ newsletter, we are sharing some of the information that we have collected about the South Florida condo market at the start of the 2025 Florida Condo Association Financial Cliff. Report: https://peterzalewski.substack.com/p/condo-sellers-flood-south-florida
For this week's Miami Condo Market Intelligence Report™ newsletter, we are announcing our 2025 resolution to create a depository of reader-supplied Structural Integrity Reserve Studies (SIRS) for condo associations in Florida. Report: https://peterzalewski.substack.com/p/2025-resolution-create-sirs-database
We asked Google's Notebook LM to analyze our latest piece entitled "Does Florida Need A Citizens 2.0 Insurance Option For Vintage Condo Buildings?" that was published Jan. 19, 2025. The AI software produced a thought-provoking podcast that is about 18 minutes long between two voices that analyzes the future of insuring Florida's Vintage condo buildings that are at least 30 years old. Listen: https://peterzalewski.substack.com/p/what-does-ai-think-is-future-of-vintage
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the Jan. 1, 2025, launch of the Miami Condo Cliff Index™. This index tracks the financial health and stability of condo markets in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach. Read the report: https://peterzalewski.substack.com/p/new-index-to-track-miami-condo-association
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the growing debate about the outlook for the South Florida market in 2025. Read the report: https://peterzalewski.substack.com/p/trends-insights-and-predictions-for
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the Top 5 Miami condo market story lines of 2024. During the more than eight-minute-long podcast, Zalewski discusses overvalued condos to the growing supply of condo resales, and the preconstruction boom to the looming 2025 Florida Condo Association Financial Cliff. Zalewski also discusses how Florida-mandated Structural Integrity Reserve Studies (SIRS) are impacting the other four story lines highlighted in 2024. Read the report: https://peterzalewski.substack.com/p/top-5-miami-condo-market-story-lines
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - shares his journey from Greater Downtown Miami to Miami Beach for a business lunch during the hectic 2024-25 Winter Buying Season, using his travel experiences to draw parallels to the South Florida condo market. Read the report: https://peterzalewski.substack.com/p/how-an-uber-trip-revealed-hidden
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - provides insights into sales statistics for preconstruction condo projects in Miami and South Florida. Read the report: https://peterzalewski.substack.com/p/should-you-trust-miami-preconstruction
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - provides insights on a new University of Miami study that identifies more than 30 oceanfront condo towers that are reportedly “sinking.” Read the report: https://peterzalewski.substack.com/p/would-you-invest-in-a-luxury-oceanfront
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - provides insights on the Federal Reserve's recent decision to cut interest rates by 25 basis points and its impact on mortgage rates and condo prices. Read the report: https://peterzalewski.substack.com/p/where-are-mortgage-rates-headed-in
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the need for a private club for buyers, sellers and real estate professionals. Read the report: https://peterzalewski.substack.com/p/south-florida-condo-investors-owners
This is an preview of the December 2024 Monthly Meeting. To watch / listen to the entire 90-minute meeting, please subscribe on Spotify for paid podcasts or join the Miami Condo Investing Club™. Join expert Peter Zalewski of the Miami Condo Investing Club™, as he hosts the December Monthly Meeting that focuses on the impending 2025 Florida Condo Association Financial Cliff. Topics discussed during the 90-minute presentation include legislative actions, financial pitfalls and opportunities in the South Florida condo market. Zalewski provides an overview of upcoming regulations, the importance of structural integrity reserve studies, and market valuations across the tricounty South Florida region of Miami-Dade, Broward and Palm Beach. Read the report: https://peterzalewski.substack.com/p/watch-final-monthly-meeting-before
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses a hefty $56 million assessment levied on the owners in a 567-unit condo association in Hollywood Beach. Units owner in The Summit condo project - comprised of a pair of 25-story towers built in 1982 - in Southeast Broward County are each facing nearly $99,000 in special assessments, according to a NBC 6 Miami report . On top of the special assessment, unit owners in the condo project are also required to continue to pay their existing maintenance fees that are north of $0.80 per square foot monthly. Read the report: https://peterzalewski.substack.com/p/south-florida-condo-owners-enraged
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the current state of the South Florida condo market, specifically analyzing whether condos are adequately priced, overvalued or undervalued. Read: https://peterzalewski.substack.com/p/are-south-florida-condos-undervalued
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses a series of segments about Florida's 2025 Condo Association Financial Cliff that aired today on CNBC. The network's senior real estate reporter Diana Olick examined what the changes in the Florida Condo Law could mean for condo associations, unit owners and prospective buyers. Olick's reporting also explored the financial impact of special assessments on Florida unit owners who live on a fixed income as well as strategies by developers to buy out vintage projects that are at least 30 years old. Podcast Timeline: 00:00 Introduction to Miami Condo Minute 00:21 Overview of Florida's 2025 Condo Association Financial Cliff 01:00 Implications for Condo Owners and Buyers 01:29 Special Assessments and Financial Impact 02:00 Looking Ahead to 2025 02:49 Upcoming Miami Condo Investing Club Meeting 03:17 Conclusion and Contact Information For more statistics, reports and analysis, visit MiamiCondo.Club.
Volume 24, Episode 45 In this episode of the Miami Condo Market Intelligence Report™, Peter Zalewski examines the current state of South Florida condo prices using the "1% Rule"' and data from the 2024 Summer Buying Season. The report discusses whether it is a good time to invest in condos given the slowing sales, decreasing prices due to structural financial changes post the Surfside collapse, and the upcoming 2025 Florida Condo Association Financial Cliff. Insights and trends from the summer market are presented to help buyers, sellers, and real estate professionals navigate the coming Winter Buying Season. Listeners are encouraged to subscribe for more detailed reports and join the Miami Condo Investing Club™ for additional resources and updates. 00:00 Introduction: South Florida Condo Market Overview 01:01 The 1% Rule: Evaluating Condo Investments 01:41 Summer Buying Season Analysis 03:09 Impact of New Legislative Changes 03:52 Market Reactions and Predictions 04:38 Resources and Community for Investors 05:27 Conclusion and Contact Information
In this episode of the Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - weighs the disruptions versus the benefits of the Art Basel fair that attracts 80,000 attendees to Miami every December for the last two decades. Read: https://peterzalewski.substack.com/p/are-art-basels-disruptions-still
This is a daily micropodcast from expert Peter Zalewski of the Miami Condo Investing Club™. In this episode of Miami Condo Minute™ micropodcast, host Peter Zalewski - founder of the Miami Condo Investing Club™ - discusses the Crypto Bros influence on the South Florida condo market. Bitcoin surpassed the symbolic $100,000-per-token milestone on Dec. 5, 2024, reaching as high as nearly $103,512 per token around 3 pm (EST) on the day of the recording. Zalewski reflects on the influence of cryptocurrency on the South Florida condo market from 2021 to 2023, including the influx of crypto investors, notable events like the Bitcoin 2021 conference and the rise and fall of failed crypto currency exchange FTX. Zalewski speculates on the future impacts of Bitcoin's value on the Miami condo market, suggesting potential booms if Bitcoin continues to climb. For statistics, reports and analysis on the South Florida condo market, please visit MiamiCondo.Club. Podcast Timeline: 00:00 Introduction to the Miami Condo Minute 00:29 Bitcoin's Meteoric Rise 01:04 The Crypto Craze in Miami 01:40 Major Crypto Events in Miami 02:44 The Downfall of FTX and Miami Coin 03:19 Current State and Future Predictions 04:07 Conclusion It is worth noting that we are sharing a portion of our research for free with subscribers to our newsletter and readers of MiamiCondo.Club. If you want access to all of our published information and charts, we would encourage you to join the newly launched Miami Condo Investing Club™. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.
This is a daily one-minute podcast from expert Peter Zalewski of the Miami Condo Investing Club™. (GREATER DOWNTOWN MIAMI - Dec. 4, 2024) In this episode of Miami Condo Minute™, host Peter Zalewski, founder of the Miami Condo Investing Club™, provides essential insights into foreign investment in the South Florida condo market. He highlights the significant impact of the area's foreign-born population on the market, stating that 42% of the 6.2 million residents in the tri-county South Florida region of Miami Dade, Broward and Palm Beach are foreign born, according to the U.S. Census Bureau. This cultural affinity, where residents attract friends and family, is key to sustaining the condo market. For more statistics, reports and analysis, visit MiamiCondo.Club. Podcast Timeline: 00:00 Introduction and Host Welcome 00:25 Miami Condo Market Overview 00:50 Demographics of Miami Residents 01:28 Impact of Foreign-Born Residents 01:44 Conclusion and Next Steps
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Expert Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. The podcast features Miami Condo Expert Peter Zalewski interviewing Jose Pazos of A-Smart CAM LLC property management in Miami. Pazos' property management firm handles the administrative responsibilities of more than 6,000 residences condo and homeowners associations in Miami-Dade and Broward counties in South Florida. It is an anxious time to be a property manager who advises, guides and provides support for condo associations in Florida. With less 90 days to go until condo associations are forced to adhere to a series of new administrative and financial measures instituted by the Florida Legislature, property management companies are scrambling to prepare for what is expected to be a volatile 2025. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Expert Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. The podcast features Zalewski interviewing Carlos Villanueva, a veteran chief building engineer who has overseen the operations of condo towers, office buildings and retail centers in South Florida for more than 30 years. Villanueva, principal of SeeWhyConsultingLLC.com, said many condo buyers, owners and board members often obsess about cosmetic details, such as lobby flower arrangements, air fresheners and staff courtesy. As important as these measures may be to a condo association's vibe, they are unlikely to affect the big ticket items that directly impact a tower's life safety measures and special assessments in the runup to the Florida's 2025 Condo Association Financial Cliff. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com.
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. This is a clip from a podcast with Richard Alfonso, the Director of Specialty Products at U.S. Century Bank in Miami. Alfonso provides insight into how monthly condo fees increase with a special assessment loan in Florida. Bank financing is an option for some Florida condo associations that are facing hefty special assessments to comply with the revisions of the Florida Condo Law. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Expert Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. This is a clip from a podcast with Richard Alfonso, the Director of Specialty Products at U.S. Century Bank in Miami. Alfonso provides a description of the steps necessary for a Florida condo association to successfully obtain a special assessment loan. Bank financing is an option for some Florida condo associations that are facing hefty special assessments to comply with the revisions of the Florida Condo Law. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
This is a clip from a recent episode of the "Special Report: Florida's 2025 Condo Association Financial Cliff" podcast series from the Miami Real Estate Investing Podcast. Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. This is a clip of Richard Alfonso, the Director of Specialty Products at U.S. Century Bank in Miami. Alfonso said Florida condo associations are addressing the reserve requirements mandated by the Florida Legislature but are facing challenges with skyrocketing insurance rates. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Expert Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. The podcast features Miami Condo Expert Peter Zalewski interviewing Andy "Daro" Rotondaro, a Realtor and North Bay Village Commissioner. The conversation examines why Rotondaro is paying $50,000 in condo special assessments instead of selling his two units in the runup to the Florida's 2025 Condo Association Financial Cliff. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™ at PeterZalewski.substack.com. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
The "Special Report: Florida's 2025 Condo Association Financial Cliff" series is brought to you by the Miami Real Estate Investing Podcast. Expert Peter Zalewski of the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. The podcast features Miami Condo Expert Peter Zalewski interviewing Andy "Daro" Rotondaro, a Realtor and North Bay Village Commissioner. The conversation examined strategies for owners facing condo association special assessments in the runup to the Florida's 2025 Condo Association Financial Cliff. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
This is a Special Report series from the Miami Real Estate Investing Podcast focusing on Florida's 2025 Condo Association Financial Cliff. Peter Zalewski from the Miami Condo Market Investing Club™ discusses the implications of the upcoming 2025 law requiring Florida condo associations to set aside reserves to prevent disasters like the Surfside condo collapse. The podcast features Richard Alfonso, the Director of Specialty Products at U.S. Century Bank, who explains condo association financing options. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. In response to the Surfside disaster, Florida is requiring associations that govern older condo projects to study the structural integrity of all buildings on their properties and begin funding the necessary repairs by January 2025, ending the practice of deferring work and costs. People are dubbing this moment as the 2025 Condo Association Financial Cliff as it expected to result in significantly higher costs for unit owners. Industry watchers are at odds as to the direction of the South Florida housing market through the end of 2024 and into next year. Bullish investors are predicting housing demand will reignite once the Federal Reserve begins to cut interest rates. Bearish investors contend that condo prices are too high from the run up in work-from-home buyers during the pandemic years and likely to collapse in the months ahead if the economy slows and these transplants leave South Florida. To stay abreast of the volatile South Florida condo market, we would encourage you to join the newly launched Miami Condo Market Investing Club™. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
Following the National Association of Realtors® $418 million settlement to resolve "antitrust claims," buyers working with NAR members are required to sign commission agreements in certain situations. Read the report: https://peterzalewski.substack.com/p/is-a-commission-agreement-now-required As a reminder, we crunch a lot of statistics each week and then publish the results byway of a series of reports posted on CondoVultures.com. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com If you are interested in participating in a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, we encourage you to join the Miami Condo Market Investing Club™. The Club is also ideally situated for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com
Florida Realtors® association General Counsel Juana Watkins recorded a video message explaining the repercussions of the newly implemented National Association of Realtors® $418 million settlement. Read the report: https://peterzalewski.substack.com/p/do-miami-condo-buyers-now-have-to The audio is AI generated based on the voice of Peter Zalewski, who authored this report. As a reminder, we crunch a lot of statistics each week and then publish the results byway of a series of reports posted on CondoVultures.com. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com If you are interested in participating in a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, we encourage you to join the Miami Condo Market Investing Club™. The Club is also ideally situated for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. The podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. For South Florida condo resale information, please call 305.865.5859 or visit CondoVulturesRealty.com This information is believed to be accurate and complete but cannot be guaranteed or warranted.
This is a 10-minute clip from the beginning of the August 2024 Monthly Meeting. To watch the entire video, you will have to sign up for he Club by clicking this link. What's the future of vintage condos - units at least 25 years old - in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach? This topic was discussed at the fourth Monthly Meeting of the Miami Condo Market Investing Club™ that was hosted online on Aug. 14, 2024. Club founder Peter Zalewski - who is a former business journalist, Wall Street consultant, expert witness and licensed Florida real estate buyside broker - explained the three ways to differentiate condos - New, Used and Vintage - for resale purposes. After comparing the resale stats for each category based on age, Zalewski also discussed some of the key 2024 revisions to the Florida Condo Law. The topics are generating increased media attention as units in older condo projects are expected to face greater scrutiny in 2025. A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992 and led to more stringent building code requirements in South Florida. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. Zalewski also discussed the findings of a seven-part series examining how Florida condo living could change in 2025. This is a 10-minute clip from the beginning of the August 2024 Monthly Meeting. To watch the entire video, you will have to sign up for he Club by clicking this link. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, Besides real estate professionals, developers and lenders, the Club is also ideally suited for Do-It-Yourself (DIY) condo buyers who can utilize our latest statistics, expert opinions and access to consulting services. We encourage you to listen or view our podcast wherever you get podcasts. Additionally, the podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. If you want more information on condo resale units, please visit CondoVulturesRealty.com or call the office at 305.865.5859. This information is believed to be accurate and complete but cannot be guaranteed or warranted. Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved.
Buyers, Owners Rush To Find Out Before 2025 This story appeared in the Miami Condo Market Intelligence Report™ newsletter. To receive all future copies of the newsletter, please visit CondoVultures.com The audio is AI generated based on the voice of Peter Zalewski, the author of this report and the founder of the Miami Condo Market Investing Club™. If you live in a Florida condo and don't know what a SIRS is, consider this your introduction to an acronym that will likely dominate all future association discussions and debates about maintenance fees and special assessments for the foreseeable future. The SIRS acronym stands for Structural Integrity Reserve Study. In basic terms, it is a two-part evaluation conducted by experts - such as engineers, architects and reserve specialists - to determine the physical and financial status of all residential structures in a condo association that are at least three-stories high. Florida requires a SIRS to be conducted every 10 years. The SIRS provides a roadmap for condo association board members - who are usually volunteers that own in a project - to better understand the physical condition of the buildings in a community and what it will cost to maintain them in the future. To read the report, please visit: https://condovultures.com/what-is-a-florida-condo-structural-integrity-reserve-study-buyers-owners-rush-to-find-out-before-2025/
This latest issue of the Miami Condo Market Intelligence Report™ is the fourth of a five-part series examining dramatic changes coming as a result of the Surfside condo collapse. Volume 2024, Issue 25 To subscribe to the Miami Condo Market Intelligence Report™, please visit CondoVultures.com In this week's Miami Condo Market Intelligence Report™ newsletter, we explore some of the new Florida laws that went into effect this month (July 2024) that are aimed at stomping out corruption at condo association in the Sunshine State. Board members, property managers and management companies, alike, now face a wide range of sanctions ranging from criminal charges to fines, license revocation to removal from office for board members for offenses such as accepting or soliciting kickbacks, not disclosing conflicts of interest and refusing to share information with unit owners. The new laws are part of the 2024 revisions adopted by the Florida Legislature in March, signed by Florida Gov. Ron DeSantis (R) in June and went into effect in July 2024. For context, there are about 13,000 condo associations with nearly 610,000 units located in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach. This is the fourth of a five-part series examining the repercussions of the collapse of the Champlain Towers South on the barrier island in Miami-Dade County on June 24, 2021. To read the MIR newsletter, please visit: https://peterzalewski.substack.com/p/condo-association-corruption-targeted
Please note: This is a preview of the report. Click on the “Read the report” button below for the entire article. Florida condo associations with at least 10 units are now required to hold quarterly board meetings and allow owners – who can purportedly be boisterous and confrontational – to ask questions about agenda items under a series of 2024 revisions to the state's condo law. As part of the changes adopted during the recent Florida legislative session, condo boards must now also provide advance notice to units owners when financial topics such as “regular or special assessments” and/or contracts for “goods and services” are scheduled to be discussed and/or voted upon. In an effort to bring increased transparency, copies of proposed contracts as well as the descriptions and estimated costs for items to be purchased must now be shared with unit owners – and made available for inspection – prior to all votes. Read the report: https://peterzalewski.substack.com/p/florida-condo-boards-must-now-hold
In the aftermath of the Surfside condo collapse, the Florida Legislature has made a number of changes to the state's condo law in 2024. This is one of the changes. Property managers and their respective management companies are now required to disclose “conflicts of interest” at the condo projects they oversee in Florida. Failing to do so could lead property managers and/or their management companies to face a variety of penalties, including formal reprimands, suspension or revocation of their licenses and fines up to $5,000 per incident. As part of the new Florida legislation, condo associations can now “cancel” management contracts without facing “termination fees, liquidated damages, or other form of penalty for such cancellation.” The dollar-amount threshold for the “conflicts of interest” to apply is less than $3,000. Read the report: https://peterzalewski.substack.com/p/florida-wants-property-managers-to
In the aftermath of the Surfside condo collapse, the Florida Legislature has made a number of changes to the state's condo law in 2024. This is one of the change. It looks like it just got easier for board member and manager at Florida condo associations to be charged with a felony for accepting or soliciting “kickbacks.” During the 2024 Florida legislative session, the law was broadened – by deleting specific language – to allow condo board directors, officers and managers to be charged with third-degree felonies for “knowingly” soliciting, offering to accept or accepting “kickbacks.” The move is part of an ongoing effort by the Florida legislature in the aftermath of the Champlain Towers South condo collapse in Surfside to bring more transparency to condo associations, which have a reputation for being shrouded in secrecy, intimidation and corruption What is your outlook for South Florida condos? Take our anonymous survey. All results will be published in a report scheduled for July 23, 2024. Board members – who are usually volunteers and responsible for deciding which vendors to hire and fire – have increasingly been in the news in South Florida. Many of the allegations are related to purportedly accepting a variety of perks and benefits, including free renovations to the interior of their units. Read the report: https://peterzalewski.substack.com/p/florida-condo-directors-on-notice
Miami Condo Buyers Beware: New Florida Law Changes May Affect Your Investment Check out the latest issue of the Miami Condo Market Intelligence Report™. Read the MIR: https://peterzalewski.substack.com/p/miami-condo-buyers-beware-new-florida To subscribe to the MIR newsletter, please visit: https://peterzalewski.substack.com/p/subscribe
(This is the first part of a four-part video series. To watch the entire video series, please join the Miami Condo Market Investing Club™) Why read the Florida condo law updates from the 2024 legislative session if you can watch and/or listen to a narrated version of the law? CondoVultures.com has copied the Florida condo law revisions, pasted it into a video editing software and then added an AI voice so that you can view the 76-pages of legislation. With the AI voice added, the Florida condo law revisions are nearly four hours long. This is too large of a file to post on the popular distribution sites so we broke the file down into four segments of one hour each. If you want to read the updated legislation that is in the video, please visit: https://laws.flrules.org/2024/244 It is worth noting that we share a portion of our research for free with subscribers to our newsletter and readers of CondoVultures.com. If you want access to all of our published information and charts, we would encourage you to join the newly launched Miami Condo Market Investing Club™. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, The Club is also ideally suited for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. Additionally, the podcast is available on Apple, Spotify and/or YouTube. As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006. If you want more information, please visit CondoVultures.com or call the office at 305.865.5859. This information is believed to be accurate and complete but cannot be guaranteed or warranted.
Watch the Club's Monthly Meeting for July 2024 that was hosted by Miami condo expert Peter Zalewski. Miami condo expert Peter Zalewski - who is a former business journalist, Wall Street consultant, expert witness and licensed Florida real estate buyside broker - discussed the opportunities and pitfalls for buyers and sellers due to the rapidly approaching 2025 Florida Condo Association Financial Cliff. Zalewski spoke for about 75 minutes at the third Monthly Meeting of the Miami Condo Market Investing Club™ that was held at Noon (EST) on July 10, 2024. (Please note, this is a segment from the Monthly Meeting video. To watch the entire video, you have to be a member of the Miami Condo Market Investing Club™. To join, please visit: https://condovultures.com/membership/) A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims. Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992. Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink. The discussion also focused on the South Florida condo stats for the first six months of 2024, a new four-part video series that provides a narration of the Florida Condo Act and the outlook for the tricounty market. We crunch a lot of statistics each week and then publish the results byway of a series of reports posted on CondoVultures.com. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com Additionally, we encourage you to listen or view our podcast wherever you get podcasts. Additionally, the podcast is available on Apple, Spotify and/or YouTube. This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com Copyright © 2024 Condo Vultures®, LLC. All Rights Reserved.
(Season 5, Episode 13 - June 28, 2024) Real Estate Editor Brian Bandell of the South Florida Business Journal appears on the Miami Reporters Roundtable Podcast (@MiamiRRP) this week for the 13th episode of season five. Created in 2020, the weekly podcast - which is scheduled to air 20 shows this season - features a panel of four former and/or current journalists discussing critically the top real estate and economic new stories from the previous week. The objective of the podcast is to cut through the promotional hype of South Florida real estate, in hopes, of assisting viewers and listeners to better understand the latest market trends. Former real estate and finance reporter Peter Zalewski - who now runs CondoVultures.com - moderates the one-hour discussion that features six articles that are - or could be - impacting the South Florida economy. Every week Zalewski (@PeterAZalewski) is joined by a visiting journalist, such as Bandell (@BrianBandell), as well as regular commentators John Fakler (@JTFakler) - who was a journalist for 20 years writing about white-collar crime and business at publications including the South Florida Business Journal - and former real estate, banking and insurance journalist Jean Gruss (@JeanGruss), who now runs GrussPR.com. The Miami Reporters Roundtable Podcasts can be viewed or heard wherever you get your podcasts. Alternatively, this podcast is available on the YouTube.com channel: CondoVultures. For this episode, the roundtable discusses these stories: 1. Housing Market To Remain ‘Stuck' Until At Least 2026, Bank Of America Says (CNBC) 'https://www.cnbc.com/2024/06/25/housing-market-to-remain-stuck-until-at-least-2026-bank-of-america.html 2. Last Sears In South Florida Could Be Redeveloped Through Live Local Act (South Florida Business Journal) 'https://www.bizjournals.com/southflorida/news/2024/06/17/sears-miami-coral-way-redeveloped-residential.html 3. South Florida Attorney Accused Of Helping Woman Steal Home (Local10.com) 'https://www.local10.com/news/local/2024/06/11/south-florida-attorney-accused-of-helping-woman-steal-home/ 4. The End Of Wynwood? Massive Projects Would Remake Miami's Hippest Neighborhood (Miami Herald) 'https://www.miamiherald.com/news/local/community/miami-dade/article289287445.html 5. Waldorf Astoria Tower In Miami Nabs Record $668M Construction Loan (South Florida Business Journal) 'https://www.bizjournals.com/southflorida/news/2024/06/14/waldorf-astoria-miami-commercial-real-estate-loan.html 6. Aventura Man Accused Of Stalking Former Condo Board Opponent, Brandishing Weapons (Local10.com) 'https://www.local10.com/news/local/2024/06/05/aventura-man-accused-of-stalking-former-condo-board-opponent-brandishing-weapons/ To ask a question or make a comment, please contact us on social media (@MiamiRRP). If you want to support the podcast, please check out our official merchandise at: 'https://condovultures.com/shop/ You are invited to sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com Additionally, we encourage you to check out our video and audio podcasts. This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
This latest issue of the Miami Condo Market Intelligence Report™ is the first of a five-part series examining dramatic changes coming as a result of the Surfside condo collapse. Report: https://peterzalewski.substack.com/p/should-you-worry-about-floridas-2025 The MIR newsletter has been published since 2007 but today marks the first time the MIR newsletter is available in audio and video. Readers of this week's MIR newsletter - and all MIR newsletters going forward - will notice the video has the exact same content as the digital version that is emailed to readers but is spoken by a voice that sounds like expert Peter Zalewski. The speaker is not Peter Zalewski but rather an AI-generated voice based on his voice. This way, MIR newsletter readers can now read, listen or watch the content that is published every week. If you are not yet a subscriber, we would encourage you to sign up at CondoVultures.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
In this segment of the "Miami Reporters Roundtable Podcast With Peter Zalewski," a panel of four current and former journalists discuss South Florida's ability to attract tech companies as well as qualified workers once again. This week's panel is comprised of Zalewski (@PeterAZalewski) along with former business reporters John Fakler (@JTFakler), Jean Gruss (@JeanGruss) of GrussPR.com and David Lyons (@DavidVLyons), senior staff writer for the South Florida Sun Sentinel. The discussion is based on this story from the South Florida Sun Sentinel: South Florida Sees Gains In Relocating Tech Workers To The Region, But Are They Enough To Fill The Demand? 'https://www.sun-sentinel.com/2024/04/22/south-florida-sees-gains-in-relocating-tech-workers-to-the-region-but-are-they-enough-to-fill-the-demand/ The objective of this program is to cut through the fluff and hyperbole of South Florida real estate marketing, in hopes, of assisting the audience to better understand the latest trends. To ask a question or make a comment, please contact us on social media (@MiamiRRP). If you want to support the podcast, please check out our official merchandise at: 'https://condovultures.com/shop/ You are invited to sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com If you are interested in participating in a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, we encourage you to join the Miami Condo Market Investing Club™. 'https://condovultures.com/membership/ The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is also ideally situated for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to check out our podcasts on Apple, Spotify and YouTube or wherever you get podcasts. This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
In this segment of the "Miami Reporters Roundtable Podcast With Peter Zalewski," a panel of four current and former journalists discuss the nearly 8,500 new residential units in the pipeline for the Miami World Center neighborhood in Greater Downtown Miami. This week's panel is comprised of Zalewski (@PeterAZalewski) along with former business reporters John Fakler (@JTFakler), Jean Gruss (@JeanGruss) of GrussPR.com and David Lyons (@DavidVLyons), senior staff writer for the South Florida Sun Sentinel. The discussion is based on this story from The Real Deal: Miami Worldcenter's Pipeline Of 8,000 Units, 500 Hotel Keys 'https://therealdeal.com/miami/2024/04/01/map-miami-worldcenters-pipeline-of-8k-units-500-hotel-keys/ The objective of this program is to cut through the fluff and hyperbole of South Florida real estate marketing, in hopes, of assisting the audience to better understand the latest trends. To ask a question or make a comment, please contact us on social media (@MiamiRRP). If you want to support the podcast, please check out our official merchandise at: 'https://condovultures.com/shop/ You are invited to sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com If you are interested in participating in a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, we encourage you to join the Miami Condo Market Investing Club™. 'https://condovultures.com/membership/ The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is also ideally situated for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to check out our podcasts on Apple, Spotify and YouTube or wherever you get podcasts. This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
(Season 5, Episode 12 - June 14, 2024) Commercial real estate writer Francisco Alvarado of The Real Deal appears on the Miami Reporters Roundtable Podcast (@MiamiRRP) this week for the 12th episode of season five. Created in 2020, the weekly podcast - which is scheduled to air 20 shows this season - features a panel of four former and/or current journalists discussing critically the top real estate and economic new stories from the previous week. The objective of the podcast is to cut through the promotional hype of South Florida real estate, in hopes, of assisting viewers and listeners to better understand the latest market trends. Former real estate and finance reporter Peter Zalewski - who now runs CondoVultures.com - moderates the one-hour discussion that features six articles that are - or could be - impacting the South Florida economy. Every week Zalewski (@PeterAZalewski) is joined by a visiting journalist, such as Alvarado (@TheFrankness), as well as regular commentators John Fakler (@JTFakler) - who was a journalist for 20 years writing about white-collar crime and business at publications including the South Florida Business Journal - and former real estate, banking and insurance journalist Jean Gruss (@JeanGruss), who now runs GrussPR.com. The Miami Reporters Roundtable Podcasts can be viewed or heard wherever you get your podcasts. Alternatively, this podcast is available on the YouTube.com channel: CondoVultures. For this episode, the roundtable discusses these stories: 1. Feds Said Drug Money Fueled Florida Firm's Real Estate Buying Spree (Miami Herald) 'https://www.tampabay.com/news/florida/2024/06/10/feds-said-drug-money-fueled-florida-firms-real-estate-buying-spree/ 2. Wynwood's Tech Office Boom Hits A Short Circuit (The Real Deal) 'https://therealdeal.com/miami/2024/05/22/wynwoods-tech-office-boom-hits-a-short-circuit/ 3. Aventura Condo Board President Arrested For Pepper-Spraying Senior In Parking Spat, Cops Say (Local10 WPLG) 'https://www.local10.com/news/local/2024/06/10/aventura-condo-board-president-arrested-for-pepper-spraying-senior-in-parking-spat-cops-say/ 4. Hidden Danger Of 'Punching Shear' A Wake-Up Call For South Florida's Aging Condos | Opinion (South Florida Sun Sentinel) 'https://www.sun-sentinel.com/2024/06/10/hidden-danger-of-punching-shear-a-wake-up-call-for-south-floridas-aging-condos-opinion/ 5. Judge Allows Rishi Kapoor To Sell His Cocoplum Home (The Real Deal) 'https://therealdeal.com/miami/2024/06/06/judge-allows-rishi-kapoor-to-sell-his-cocoplum-home/ 6. Well Bay Harbor Island Is Burying Crystals In Its Building Foundation (Fast Company) 'https://www.fastcompany.com/91137001/well-bay-harbor-island-burying-crystals To ask a question or make a comment, please contact us on social media (@MiamiRRP). To support the podcast, please check out our merchandise at: 'https://condovultures.com/shop/ You are invited to sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com If you are interested in participating in a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida, we encourage you to join the Miami Condo Market Investing Club™. The objective of the Club is to create a community that shares realtime, actionable information on the latest real estate trends, opportunities and service providers in South Florida. The Club is also ideally situated for Do-It-Yourself (DIY) condo buyers who can rely on our latest statistics, expert opinions and access to consulting services. Additionally, we encourage you to listen or view our podcast wherever you get podcasts. Additionally, the podcast is available on Apple, Spotify and/or YouTube. This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/condovultures/message
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