Nelson Realtor BHHS Florida Realty Miami-Coral Gables

Nelson Realtor BHHS Florida Realty Miami-Coral Gables With panache for the arts and an interest in photography I embarked into the real estate market afte

05/11/2026

Miami’s rental crisis is no longer just a talking point — it’s now officially the worst in the nation.

Out of 182 U.S. cities ranked by for rental affordability, Miami landed dead last, underscoring the growing divide between the city’s luxury-fueled growth and the financial realities facing everyday residents. While high-profile billionaires including , , and continue flocking to South Florida, many middle-class Miamians are struggling to keep up with soaring housing costs and stagnant wage growth.

According to data cited in the report, Miami’s average rent now sits around $3,150 per month, while median household income hovers near $62,000 annually — leaving many residents spending well above the recommended one-third of their income on housing.

The findings also paint a broader picture for Florida, with no city in the state ranking within the top 100 for rental affordability, highlighting the mounting pressure affordability challenges are placing on communities across South Florida.

05/10/2026

The office market's next power buyer may not be a landlord at all.

Across the U.S., companies are buying offices for themselves — a shift fueled by lower values, clearer post-hybrid space needs and a newly permanent federal tax break that can make ownership even more attractive.

For firms with healthy profits, the calculus is changing: Why keep leasing when buying can deliver control, stability and a front-loaded tax benefit?

Read more at the link in comments.

05/09/2026

Palantir CEO Alex Karp is going compound-mode in Miami.

The billionaire quietly bought the Venetian Islands home next door to his for $28.5 million, bringing his spend on one waterfront street to nearly $75 million — and adding him to South Florida’s growing roll call of tech billionaires, finance titans and tax-flight power players.

For the full story on Karp’s Miami play, read more at the link in comments.

05/05/2026

Just months after the Federal Housing Administration started scaling back its "partial claim" program, signs of distress are already emerging: foreclosure filings jumped 28 percent year-over-year in March.

The FHA provision allowed borrowers to tack missed payments onto their loan balance as an interest-free junior lien. During the pandemic, officials loosened the rules, which kept property owners afloat but also invited abuse. Since October, the rules have gotten much stricter.

And depending on the market, the inevitable distress sales can have different impacts on homeowners, prospective buyers, and the status quo.

Learn more via the link in the comments.

05/04/2026

A 4-bedroom house for $130,000 in Miami-Dade? Yes, you read that right

READ MORE: bit.ly/4n94Wlh

05/02/2026

Historic Miami BBQ joint Original Uncle Tom's Barbecue has closed after nearly 80 years due to unsafe building code violations. It looks like Uncle Tom’s B

05/01/2026

The children of South Florida’s new tech titans and hedge-fund managers are overwhelming the area’s school system. Most of the private schools are full. Many are expanding but still lack even enough desks for all the children of recently relocated executives.

Now, the uber-wealthy are reshaping the educational landscape to meet the needs of their children, and those of people like themselves.

Billionaire real-estate developer Jeff Greene created his own pre-K to 12th grade campus. Real-estate developer Stephen Ross and former WeWork chief executive Adam Neumann are also springing for new campuses in the area.

It is a long process that often involves contending with local bureaucracies and dueling with community opposition.

“You can’t just write a check and magically have a great school,” Greene said.

Securing land is the opening move. Developers must also recruit top-tier faculty, design a new curriculum and prove the school’s worth in a marketplace dominated by Northeastern private and boarding schools founded more than a century ago.

In Miami Beach, tech entrepreneur John Marshall built an elementary school that is expanding into a middle and soon a high school, called BaseCamp305, that he says instills an entrepreneurial spirit. Students work with robotics and 3-D printers, and those as young as kindergarten used both techniques to create toy race cars.

Marshall’s school charges about $30,000 a year in tuition and has around 50 students. His costs include teacher salaries above $80,000, at the high end of what private schoolteachers in the area make. And Marshall’s school also serves organic meals, including Thai bowls and mango sticky rice, which students help prepare. Those outlays exceed the school’s income by a couple million dollars a year.

“This is how private schools have historically been founded,” said Marshall. “By families looking to fulfill a need, and then expanding over time.”

🔗 Read more: https://on.wsj.com/3R5pA9U

04/30/2026

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550 South Dixie Highway
Coral Gables, FL
33146

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