Blog

Author: jackbluesteinrealestate-com

  • Florida’s Proposed Property Tax Changes: What Property Owners Should Know About The 2026 Save Our Homes Proposal

    Florida’s Proposed Property Tax Changes: What Property Owners Should Know About The 2026 Save Our Homes Proposal

    Florida homeowners and investors, it’s time to look ahead: there’s a significant property tax proposal on the 2026 ballot that could reshape how we plan for the future. The amendment would raise the homestead exemption for non-school taxes to $250,000 by 2028, and starting January 2027, cap annual assessment increases at 5% for many non-homestead properties. As someone who’s spent decades navigating real estate both as a developer and a Realtor in Boca Raton and Delray Beach, I know how changes like these can impact your financial strategy—whether you’re securing your family’s home or optimizing an investment. Staying informed is key, and I’m committed to keeping my clients ahead of the curve as these updates unfold.

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  • How July home sales, prices fared in your part of Florida

    How July home sales, prices fared in your part of Florida

    July brought another solid month for Florida real estate, with home sales rising for the 11th consecutive time. Single-family home sales climbed 5.1%, and condo/townhouse sales jumped 11%. Some areas really stood out—Panama City led single-family growth at 23%, while The Villages saw an impressive 145.8% increase in condo/townhouse sales. As someone who’s spent over two decades in both residential and commercial real estate, I know how much these numbers mean for buyers and sellers here in South Florida. My focus has always been keeping clients informed and confident throughout their real estate journey. With the market shifting in such dynamic ways, staying in the loop is more important than ever.

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  • Florida Housing Shows Signs of Recovery

    Seeing recovery in Florida’s housing market is encouraging for those of us who’ve watched this region closely. As inventory continues to move lower, it’s clear that buyer demand is absorbing new listings—an early signal of stability returning to our market. What’s also notable is that homebuilder backlogs are rising again in Florida, which means builders are seeing a clearer path forward than they did during the earlier slowdown. Labor trends are another positive sign: job growth is picking up, and goods-producing employment is expected to turn positive after 2025. These broader economic shifts matter for every buyer and seller considering their next step. I always aim to keep clients fully informed as conditions change, drawing on my decades of experience in both residential and commercial real estate across Boca Raton and Delray Beach. Staying attentive to these market signals is just one way I uphold my commitment to putting clients first.

  • Florida Housing Shows Recovery Signs

    In my two decades working with both residential and commercial real estate across Boca Raton, Delray Beach, and beyond, I’ve seen our Florida market navigate plenty of ups and downs. Lately, there are encouraging signs that things are turning a corner. Inventory levels are dipping—a classic signal that buyers are stepping back in and the market is finding its footing again. Builders are also feeling the momentum, with backlogs growing as demand picks up compared to the recent slowdown. What’s especially promising is the shift in our local job market: employment growth is moving in the right direction, and goods-producing jobs are set to go positive after 2025. These trends matter for buyers and sellers alike, and as always, I’m here to ensure my clients stay fully informed at every step. Real estate is about more than numbers; it’s about the people and communities we serve.

  • South Florida FL Market Gains Momentum

    Momentum is building across South Florida’s real estate markets as we head further into 2026. What stands out most to me, working with buyers and sellers from Boca Raton to Delray Beach, is that the real constraint isn’t a lack of demand—it’s a tightening supply of available homes. The current low-6% mortgage rates have brought a sense of stability, and for those ready to make a move, that steady environment can be an advantage. In the ultra-luxury segment—homes priced above $5 million—there are about 488 single-family listings, with around 43 sales each month. Condo sales in that same segment are averaging about 20 per month. When you step back and look at the broader region, there are roughly 4,500 homes on the market; about 10% are listed above $5 million, and another 10% fall below $500,000. This spread shows how limited supply can help support property values across all price ranges. If inventory remains tight, we could see continued upward pressure on prices. And with a property tax referendum on the horizon, some owners may be rethinking their next steps. My focus is always on keeping my clients fully informed so they can make confident decisions in evolving conditions like these.

  • Happy Labor Day!

    Labor Day in the United States celebrates the contributions of workers everywhere, while also unofficially marking the final big summer weekend before fall takes over.
    It’s known for backyard barbecues, road trips, and that classic tradition of buying things you didn’t know you needed because “it’s on sale.”
    Beaches, parks, and grills reach peak activity as everyone tries to squeeze every last drop of summer fun out of the long weekend.
    Happy Labor Day! Wishing you a fun, easygoing weekend filled with good vibes, great food, and absolutely no thoughts about Monday.

  • Arizona vs. Florida: Two different growth stories for real estate investors

    Arizona vs. Florida: Two different growth stories for real estate investors

    Arizona's real estate growth is driven by a booming semiconductor industry with massive investments and high-wage jobs, especially near Phoenix and Chandler. However, its water supply from the Colorado River is shrinking, posing long-term risks. Florida's growth is fueled by diverse migration, retirees, and tourism, but faces flood and storm risks impacting insurance and development. Investors must weigh Arizona's concentrated industrial boom and water challenges against Florida's diversified growth and climate-related costs.

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  • Nashville and Florida Just Topped America’s ‘Most Desirable Places to Live’ List — Again

    Nashville and Florida Just Topped America’s ‘Most Desirable Places to Live’ List — Again

    Once again, Nashville and several Florida destinations have topped the list of America's most desirable places to live. As someone who has spent years helping clients buy and sell homes throughout Boca Raton and Delray Beach, I’m not surprised—Florida continues to attract people for its great weather, affordability, and sense of security. Interestingly, while Florida was named the most desirable state and metros like Denver and San Diego also ranked high, 54% of Americans say they can’t afford to move to their preferred location. For many, key considerations are low crime, reasonable cost, and quality of life. Meanwhile, Chicago came in as the least desirable. My focus remains on guiding clients through these decisions with open communication and a commitment to their satisfaction—because where you live should feel right in every way.

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  • Fla.’s Housing Market: Closed Sales and New Pending Sales Rise in July

    Fla.’s Housing Market: Closed Sales and New Pending Sales Rise in July

    Florida's housing market showed growth in July 2026 with closed sales of single-family homes up 5.1% and condo-townhome sales up 11% year-over-year. New pending sales also increased, marking over a year of consecutive gains. The median price for single-family homes rose 3.7% to $425,000, while condo-townhome prices remained steady at $295,000. Inventory levels were 4.5 months for single-family homes and 7.8 months for condos. Buyers are returning despite mortgage rates remaining high.

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  • Florida’s Growth Engine: Migration and Tourism

    Florida’s housing demand comes from retirees, remote workers, no state income tax, and strong international migration, creating a broader base than a single-industry story.
    That mix gives investors diversification because demand does not hinge on one employer, but it also makes neighborhood-level targeting harder across Florida submarkets.
    Florida’s main resource risk centers on flood exposure, windstorm pressure, and the insurance costs tied to both, making resilience a core investment consideration.
    Those costs can shape insurance pricing, permitting requirements, and development timelines, so investors need the same underwriting discipline here that they would apply elsewhere.
    Within Florida, inventory varies widely, and growth has been concentrating more in mid-sized counties as Tampa-area construction pushes outward from a supply-constrained urban core.