Michael Gerrity, founder and CEO of World Property Ventures, believes the global property industry is poised for a major transformation. In the coming decade, rapid advancements in artificial intelligence, the explosion of market data and signals, automation, industry consolidation and tokenization will disrupt the market in ways that few are prepared for.
New data from Redfin shows that nearly three-quarters of the most populous U.S. metro areas (35 out of 50) have seen an increase in wealthy renters, with Raleigh, NC, and Orlando, FL, leading the trend.
According to new data from the Miami Association of Realtors, total residential sales in Miami-Dade County declined by 2.7% year-over-year in January 2025, dropping from 1,414 to 1,376 transactions.
Florida Gov. Ron DeSantis recently voiced his support for eliminating property taxes in his state, a move that would make Florida the first state in the nation to do so if successful. However, critics argue that property taxes are a crucial funding source for local governments.
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