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 the growing frustration of listing agents struggling to sell units amid waning buyer interest and mounting pressure from cash-strapped sellers unwilling to budge on their asking prices.
The conversation also explores preconstruction condo market trends, covering everything from shifting pricing and reduced deposits to expansive amenities and limited parking options.
A notable trend that emerged during the conversation was the paradox of luxury condo buyers paying $1,100 per square foot being so severely impacted by traffic congestion that walking becomes a faster option than driving, forcing residents to foot it to and from their buildings.
Zalewski and Huertas also debate the merits of new construction versus older condos, highlight the risks of overimproving units and offer insights into how deeply discounted transactions can set a precedent for future pricing.
Tune in every Monday at 4 PM (EST) on the Substack of Peter Zalewski for more insights.
Miami Condo Mondays™ Podcast Timeline:
00:00 Introduction to Miami Condo Mondays
01:01 Technical Difficulties and Weekly Schedule
01:32 Pre-Construction Condo Market Overview
02:06 Jenny's Background and Expertise
03:37 Current State of the Condo Market
05:48 Buyer and Seller Dynamics
10:14 Impact of Market Conditions on Pricing
15:52 Listing Agent Challenges
26:34 Pre-Construction Condo Market Insights
30:54 Milestones and Market Shifts
31:32 Developer Strategies and Incentives
32:23 Maintenance Fees and Amenities
33:56 Luxury vs. Practicality
36:52 Pre-Construction Pricing
41:17 Developer Experience and Risks
44:57 Market Trends and Future Outlook
56:39 Concluding Thoughts
For more videos, please visit our Podcasts.
We are pleased to offer a portion of our research for free to our newsletter subscribers and MiamiCondo.Club readers, providing a glimpse into our insights.
For full access to our comprehensive reports, statistical charts, virtual Monthly Meetings and exclusive MeetUp events, we invite you to join the Miami Condo Investing Club™.
The Club's mission is to foster a community that shares realtime, actionable intelligence on the latest real estate trends, emerging opportunities and trusted service providers throughout South Florida.
Whether you are a Do-It-Yourself (DIY) condo buyer or a seasoned real estate professional, the Club provides invaluable resources, including up-to-date statistics, expert analysis and access to tailored consulting services.
We also encourage you to explore our podcast, available on all major platforms such as Apple, Spotify and YouTube, for insightful discussions and updates.
As always, our consulting, expert witness and buyside brokerage services remain available to you, building on our established reputation since 2006.
For specific information regarding discounted condo resales or bulk deals in South Florida, please visit CondoVulturesRealty.com or contact our office directly at 305.865.5859.
This information is intended for general informational purposes only and is based on research, personal experience, and interviews. It does not constitute legal advice, as we are not legal professionals. While we strive for accuracy and completeness, this information is provided on an "as is" basis, without any warranties or guarantees.
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