Rock The Market 2024 | Ana Bozovic’s Full Presentation

Trump won the election, what does that mean for South Florida & Miami real estate? Journalist Brian Bandel asked me that question the day after the election. And this is what I told the South Florida Business Journal: “Given the team that he has assembled, most notably Elon Musk, I believe that a Trump presidency will be aligned with entrepreneurs and creators,” Bozovic said. “Since South Florida is attracting tax payers and creators, our housing market will be further super charged by an administration that fosters entrepreneurship.” And I stand by every word of that. Furthermore, I feel that a subconscious pause has been lifted in the aftermath of the election. The next wave forward is about to commence. And note: I am compiling October numbers. As per my thesis, the SFH market continues to hit all time highs. End user product within proximity of the urban core is a strong play.

2023 Intrastate migration numbers are in, just released at census.gov. Rather unsurprisingly, the post Covid trend continues. TX & Florida are once again #1 & #2 when it comes to net intrastate migration gains.  * Blue states, that tended to be high lock-down & are high-tax, keep losing population. (This is an observation, I am a registered independent). The top five population losers were all blue states.The two winners (TX & FL) have no state income tax. The two biggest two losers (CA & NY) have among the highest levels. I do not report on this with any personal joy, I grew up in NYC. It is what it is.

I released my official Q3 2024 Miami Dade report last week. All of the Miami and South Florida numbers were fresh in mind. I happened to come across an article in Business Insider that made the bold statement: "Home-listing prices are down as much as 12% in boomtowns in Florida, Texas, and other popular states" The article then lists Miami as #1, with a 12% drop in list prices. This is absolutely not true. Not even close. This is honestly mind-blowing.  I caught this because I am an expert in this field. And in all honestly, this makes me seriously wonder what else is completely false.