Unpacking the Shifts in Miami’s Condominium Market: A Data-Driven Perspective

New data released by the Miami Realtors Association presents an illuminating snapshot of the ongoing transformation in Miami’s condominium market, further demonstrating the wide-ranging impact of the city’s gentrification wave. From April 2022 to April 2023, there was a significant decrease of 44.4% in the number of closed condo sales, dropping from 2,199 to 1,222.…

Miami Condominium Associations’ Transformation: An Insider’s Perspective on Gentrification

The buzzword ‘gentrification’ has found a new home in Miami, Florida, specifically within the city’s condominium associations. As the owner of PR Management Solutions, a company specializing in community association management since 2006, I, Jose Pazos, offer a unique, on-the-ground perspective on this transformative process. Miami, renowned for its blend of vibrant cultures and architectural…