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The Miller Report is Amelia Island's number one source for up-to-date news, trends, and analysis of the Amelia Island real estate market, starring top-producing real estate agents James and Dave Miller, with the Miller Group at One Sotheby's International Realty.
25 Episodes
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There is lots of idle talk that the Amelia Island real estate market is cooling and that prices could drop in the future. But the facts don't support this. In fact, the market is still in a seller's market with inventory remaining low (as low as 50% of 2017-2019 levels) and prices remaining stable if not increasing. The showing activity has certainly slowed during May and June but we think this is due to a dramatic increase in international travel among other things. By the end of July, single-family home sales in the Amelia Island Plantation will be about equal to last year. A nearly $7 million dollar marsh-front listing just went under contract and we are seeing strong demand from buyers relocating from other parts of Florida. We do not anticipate a weakening of the real estate market as long as the stock market remains relatively healthy.
Is Amelia Island still in a seller's market? The national news is saying the housing market has cooled and prices are dropping. Is this also true of Amelia Island? James and Dave discuss the local real estate market for the 1st quarter of 2023 for Amelia Island, the Amelia Island Plantation, and Nassau County. Thank you for listening and don't forget to subscribe to stay up-to-date on the latest Amelia Island real estate news!
Insurance premiums for Florida condominiums have increased dramatically this year. In some cases, premiums have increased as much as 100%. What is causing this rapid rise? Will premiums go down in the future? Did the Surfside condo collapse impact the condominium insurance market? Shaun Woleshin, the Area Senior Vice President of Gallagher Insurance, answers all these questions and more in this interview with James Miller. Thank you for listening and please share with anyone who would find this information interesting! Please subscribe on Apple Podcasts, Spotify, Stitcher, Amazon Music, or your any other podcasting platform!
How has condominium law been impacted by the collapse of the Champlain Towers of Surfside? What can condominium associations do to prepare themselves for future changes? What should condominiums already be doing from a legal perspective to address aging infrastructure, financial health, and more? Listen in to this interview with Josh Martin to find out!
Did you know that Amelia Island is the birthplace of the modern shrimping industry? Did you know that you can buy shrimp ice cream at the Shrimp Festival? Guess how many people are expected to visit Amelia Island during Shrimp Fest? Whether you are new to Amelia Island or have attended many Shrimp Festivals, you'll learn things you never knew in this wonderful interview with Thea Seagraves. Thea is the Education Director at the Amelia Island Museum of History and in this episode, she weaves a masterful story about how important the shrimping industry and Shrimp Festival are to Amelia Island!
In this interview with Ben Stephens of Capital City Home Loans, we discuss the changes made to the Fannie Mae and Freddie Mac lending guidelines in the wake of the Surfside Condo collapse. These changes aim to combat aging infrastructure and significant deferred maintenance in condominiums. What are these changes and how do they impact a buyer's ability to obtain financing for a condo purchase? What challenges do condominiums face in the future? What can condo association boards do to make sure their condominium satisfies lending requirements? Ben addresses all of these questions and more in this episode of the Miller Group Real Estate Show.
What can condominiums do to address aging infrastructure and deferred maintenance in the wake of the Surfside condo collapse? Jason Hambrecht, President and CEO of CSI Engineering, is the go-to source for condominium infrastructure analysis for Amelia Island and Northeast Florida. In this interview, Jason discusses what condo associations should be doing to address aging infrastructure and prevent a build-up of deferred maintenance.
From smart cities to autonomous cars, the "internet of things" could revolutionize how we live. How will 5G change beach parking, communication, home appliances, real estate, and more??? Could this be the biggest evolution since the industrial revolution?
What's happened so far in the 2021 real estate market and where are we headed for the remainder of the year? Could Amelia Island Plantation listing inventory reach zero? Why the S.A.I.S.S.A beach renourishment is vital to property values. A study published in The Wall Street Journal claimed that spending time in nature is good for your health and that property values could be positively impacted by a community's access to trees. Condominium associations need to prepare for a future dominated by electric vehicles by providing accessible plug-in stations. James and Dave discuss all this and more!
In this episode of the Miller Group Real Estate Show, James discusses the Amelia Island and AIP real estate markets which are in a hot seller's market. Pending sales are up as much as 111% as of June 17th. Mortgage rates are at an all time low. Big-city residents are looking to relocate to vacation homes. Acceptance of work remote will bring major changes to the local real estate market. Please share this episode with your friends and family and give us a 5 star review on iTunes! Thank you for listening!
On this episode of the Miller Group Real Estate Show, James reviews the May real estate market for Amelia Island and Nassau County. As lockdowns lift and the state reopens, buyers are coming back into the market. Mortgage purchase applications are up over May last year and already low inventory of available properties shrinks further. Please subscribe to our podcast on iTunes! Thank you for listening.
In this episode of the Miller Group Real Estate Show, Dave and James interview Amelia Island resident Tom Weldon about his work at Ponce de Leon Health. Ponce de Leon Health is dedicated to researching and commercializing drug-free solutions that are scientifically shown to extend overall longevity, while simultaneously increasing the health and quality of years throughout life span. Their product, Rejuvant, can be purchased by visiting www.rejuvant.com. Please enjoy listening to one of Amelia Island's special residents. We are so blessed to call this wonderful island home!
In this episode of the Miller Group Real Estate Show Podcast, James analyzes the real estate market for April 2020 as well as the first few weeks of May. Real estate activity obviously slowed during the shutdowns but things beginning to pick up. Will Amelia Island and the Amelia Island Plantation be the beneficiary of people moving away from cities areas to less-densely populated areas? What will happen in the vacation rental market once booking are allowed? James covers all of this and more in this episode! Thanks for listening! Please subscribe to our podcast on iTunes if you like it!
In this episode James and Dave interview Mark Vitner, managing director and senior economist for Wells Fargo, to discuss the outlook of the U.S. and Amelia Island economies over the next 18 months. Mark covers a range of topics including real estate markets, the travel and hospitality industry, labor markets, the energy industry, and more. What to learn what your property is worth? Give us a call at 904-557-5720 to schedule a free home consultation!
In this episode, James and Dave interview John Donahoo with the Wells Fargo Private Bank. John discusses what is currently happening in the mortgage markets amid COVID-19. Listen know to understand how the markets are changing and what you can expect in the future.
In this episode we take a look at March 2020 sales compared to the previous year to see how COVID19 is beginning to impact the local real estate market. We also discuss how virtual technology will be the future of real estate and other industries.
How will the coronavirus impact the Amelia Island real estate market? James and Dave discuss the short-term and long-term ramifications of the COVID-19 fallout. What will happen to home values? The vacation rental market? The local economy? Listen to find out! It might not be as bad as you think over the long-term!
In this episode of the Miller Group Real Estate Show Podcast, James and Dave interview Drew Wallace about the role the South Amelia Island Shore Stabilization Association plays in protecting our beaches and dunes from erosion. Drew is the president of SAISSA and has an important message about the upcoming need to renourish our beaches. SAISSA's work has tremendous impacts on Amelia Island property values and it is important for our community to be informed about how we can show our support. Thank you for listening and we hope you enjoy the episode!
James and Dave interview Jack Healan and Jack Healan Jr, about the development of Crane Island. They discuss the island's history, the intent of the architectural design, how tree conservation was a high priority, how the Southern Living Idea House has impacted the island, and more!
In this episode, James and Dave interview John and Darcy Lyberger about how the short course trend is impacting the golf industry and how the new Omni course on Amelia Island might impact local property values. John and Darcy are Amelia Island Plantation property owners and Amelia Island Club members. John is the director of golf at Desert Mountain Club in Scottsdale, Arizona and was previously the director of golf at Congressional Country Club in D.C. as well as VP of operations at Ocean Reef Club in Key Largo.
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