Allied Realty Group

Allied Realty Group is a full-service real estate brokerage firm located in South Florida. We provide sales, leasing, advisory and development services.

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@JonathanChames @m3_melody MLS reports

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@m3_melody @chigrl How about them Ft. Lauderdale area condos?

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@investingcre Yea, Broward is crazy. Here is the tri-county area of Miami-Dade, Broward & Palm Beach. Condo inventory back to May 2020 levels (so far) for all of South Florida.

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@investingcre Yes, especially the newer buildings. Older buildings will be a bigger challenge, especially if they haven't completed the required inspections.

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@TheStalwart Great episode! Insurance costs are certainly a factor in the recent inventory surge of condos in the Fort Lauderdale area .

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@investingcre Condo inventory in Broward highest since early 2016.

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@m3_melody Blue line if Fort Lauderdale area condo inventory through April.

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@DiMartinoBooth Each market will most likely have their own issues. Blue line represents condo inventory through April in the Greater Fort Lauderdale area / Broward County Florida.

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@DiMartinoBooth @m3_melody @danjmcnamara At what point can we call this a parabolic move in South Florida condo inventory?

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@conorsen Condo inventory is on the rise. Insurance costs, special assessments and new reserve requirements are driving HOA fees much higher.

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@DiMartinoBooth @m3_melody Ready, set, let's dump our condo! Blue line is Ft. Lauderdale area inventory through Feb.

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@Stimpyz1 @GRomePow @DiMartinoBooth @texasrunnerDFW @m3_melody When it comes to South Florida condo inventory, number go up!

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@MacroEdgeRes Condo inventory moving higher at a good clip in Miami, Fort Lauderdale and Palm Beach area.

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@texasrunnerDFW Condo inventory moving up quickly. This will be interesting to watch over the next year or so as costs continue to escalate.

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@TheGoldWindow @texasrunnerDFW It's difficult to get the timeline correct, but the trend will be lower. The trifecta of higher mortgage rates, property taxes and skyrocketing insurance costs can certainly get us to those levels or lower in 12-24 months. Here are the condos through December.

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@TheGoldWindow @texasrunnerDFW Here is the tri-county area. All three counties will normalize over time. The insurance crisis will weigh heavily on prices.

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@texasrunnerDFW @TheGoldWindow Miami, Fort Lauderdale and Palm Beach prices through December.

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@DiMartinoBooth @Redfin Condo inventory climbing in Miami, Fort Lauderdale and Palm Beach area.