Entries by Nema

Roller Coaster Real Estate Market Begins to Level Off

It was an up-and-down ride for Virgin Islands residential real estate the past dozen years, with sales reaching super heights in the early 2020s. Now sales are slowing slightly and some stakeholders worry that restrictive property insurance will lead to a small dip.

The Real Deal Weekly Dirt: Condo Buyouts Fall Apart

Deals across South Florida are falling apart, put on hold or tangled in litigation.  That’s partly due to the complicated nature of the deals. Typically one buyer is negotiating with up to hundreds of sellers, and the bulk purchase can take years to close.  The environment has also gotten more challenging because it’s harder for […]