The global movement of wealth is reshaping the luxury real estate market, and the United States is emerging as a prime destination. Since 2020, a staggering 176 billionaires have moved to other countries, bringing with them over $400 billion in wealth, according to John Mathews, head of UBS Private Wealth Management. This unprecedented migration, fueled…
Florida’s Rising GDP: The Sunshine State’s Economic Growth Story Florida, known for its sunny beaches, vibrant tourism industry, and diverse culture, is continuing to make headlines for another reason: its booming economy. In recent years, Florida's gross domestic product (GDP) has been on a consistent upward trajectory, solidifying its position as a key economic powerhouse…
The U.S. economy, always a dynamic topic, finds itself at another crossroads. Recent developments and expert opinions highlight both economic strategies and practical advice for consumers. Here’s a closer look at two fascinating points shaping conversations right now: 1. The New Treasury Secretary’s Economic Blueprint The U.S.’s soon-to-be Treasury Secretary has proposed a bold plan…
Good news for holiday hosts! This year, the inflation-adjusted cost of Thanksgiving dinner in the U.S. is at its lowest point since 2020, making it easier on the wallet to enjoy this cherished tradition. A key contributor to this affordability is a noticeable drop in food prices, including some Thanksgiving staples. The star of the…
Architectural Styles in South Florida Welcome to Miami-Dade County, where sun-kissed shores and diverse architectural styles come together to create a unique living experience. Each neighborhood reflects its own character, shaped by the stunning coastal environment and the lifestyle of its residents. In this blog, we’ll explore common architectural styles found in Miami-Dade, how they…
In the ever-evolving landscape of real estate, short-term rentals have emerged as a lucrative opportunity for property owners. At The Audrey Ross Team, we understand the dynamics that set apart successful investments from the rest. If you're considering entering the short-term rental market, here’s what you need to know. The Financial Edge One of the…
In the world of luxury real estate, every transaction is more than just a business deal; it’s a partnership. As part of the Audrey Ross Team, we know that while sellers often believe their involvement should be minimal, their insights and transparency are vital for a successful sale. The Role of the Seller It's true…
The recent surge in the DOW, closing above 42,000, signals a robust economic climate that is impacting all facets of wealth—none more so than luxury real estate. As we analyze the broader financial landscape, we find compelling connections between rising stock indices and the luxury housing market, revealing opportunities for savvy investors. The Stock Market…
Is a Fourth Quarter Boom on the Horizon? How Falling Mortgage Rates Could Transform Luxury Real Estate As we step into the final quarter of the year, the latest update on mortgage rates brings a breath of fresh air to the housing market. The 30-year fixed-rate mortgage has recently averaged 6.20%, a notable decrease from…
The Great Investment Surge: How New Manufacturing Hubs Could Transform Local Economies In a notable shift, global companies are pouring nearly half a trillion dollars into building new factories across the U.S., focusing on electric vehicles (EVs), semiconductors, and other cutting-edge products. This massive investment isn't just about setting up shop—it's poised to create ripple…
Why the Florida Real Estate Market is a Powerhouse and What the Next Five Years Hold If you’ve been keeping an eye on the real estate market, you’ve probably noticed something interesting about Florida: it’s been booming, and the outlook is promising for the foreseeable future. Let’s dive into why Florida’s housing market is so…
The Housing Market in Flux: New Completions Rise Amidst Declining Starts The latest data from the Census Bureau paints a complex picture of the housing market. According to the June figures, new housing completions saw a significant increase of 15.5% year-on-year. This surge indicates that builders are successfully finishing projects that were started in the…
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