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*Insights on Miami Real Estate Trends: A Discussion with Eli Beracha Professor of Real Estate* In this video, we are joined once again by Professor Eli Beracha from Florida International University to talk about current Miami real estate market trends. Professor Eli Beracha is an expert on the real estate economy and he ranked #3 in the world (by the Journal of Real Estate Literature) for his real estate academic research productivity. Dive deep into the heart of Miami's real estate market with our latest podcast episode as we unravel the complexities and opportunities that 2024 holds. From the bustling streets of Brickell to the luxurious waterfront homes, join us as we dissect residential and commercial real estate trends, investment strategies, and the psychology influencing the elections and market dynamics. Chapters ⬇️ 00:00 - Introduction to Miami’s 2024 Real Estate Forecast 02:44 - What to Expect in 2024? 06:54 - Anticipated Softening in Commercial Real Estate Markets 08:50 - Inventory Absorption in Miami: Facilitated by Rapid Growth 11:15 - Brickell Condo Market Insights 14:34 - Anticipating Shifts in Miami’s Real Estate Paradox 20:43 - The Psychology of Elections and Its Impact 22:40 - Debunking Misconceptions About Market Crashes 24:55: Dry Powder in the Market: What You Need to Know 26:20 - Deciphering Market Crash Psychology: Stagnant Movements and Sales Volume Trends 34:02 - The Rental Market 38:00 - Sales Volume Trends in $3M-$5M 40:48 - Sales Volume Trends in $5M-$10M 46:15 - Price Reductions are Happening, but Seller Remain Unrealistic 50:06 - Be cautious with overpriced homes especially in early development stages 53:05 - Eli's Final Tips for Buyers and Sellers Whether you’re an investor, a real estate professional, or simply intrigued by the dynamics of Miami's market, this episode is packed with insights and analysis designed to inform and inspire. We'll explore the factors driving the market, from pricing trends to the impact of upcoming elections, and dive into the specifics of luxury sales and market softening signs. Read the blog here: https://luxlifemiamiblog.com/2024-mar... 🔔 *Subscribe* to our channel for more insights and analyses on real estate markets and investment strategies. 📈 *Follow Us On Social Media* Instagram: www.instagram.com/thedavidsiddonsgroup 📲 David Siddons | 305.508.0899 | David@siddonsgroup.com For more detailed discussions and exclusive content, visit our website: www.luxlifemiamiblog.com #MiamiRealEstate #RealEstateInvesting #MiamiRealEstateForecast #MarketTrends #InvestmentStrategies #LuxuryRealEstate #MiamiCondos #MiamiRealEstateForecast #MiamiInvesting #MiamiMarket