Did You Know....

* Real estate investors, both individual and institutional, bought one-third of all single-family residential properties sold in the 2nd quarter of 2025, up from 27% in the 1st quarter, the highest percentage in the last 5 years. Institutional investors are selling more homes than they buy and have been for 6 consecutive quarters. (CNBC)

* Three years after real estate’s last bull run ground to a halt, the global property market is showing tentative signs of a recovery as easing interest rates bring some of the conditions that powered the previous boom. (BLOOMBERG) * Miami’s luxury condo market had another hot month in August 2025, continuing a trend that finds fancy homes attracting big spenders. The number of sales transactions of $5 million-and-up units jumping nearly 12% over last year — the median price of affordable older condos, considered 30 years and up, also remains strong. (Miami Association of Realtors)

* The GREAT WEALTH SHIFT has begun as generational wealth transfer accelerates: millennials and Gen Z constituents will make up more than 33% of the ultra-wealthy population by 2040. Meanwhile, the share held by baby boomers and the silent generation will shrink from more than 66% to around 20%, and Generation X will take the lead with 45%. Where is the wealth career-wise? - 15% of the next generation derive their wealth from hospitality and entertainment TRIPLE their older peers index below 5%. - Around 9% have technology as their industry of focus, twice the share of baby boomers. - Banking and finance is the most popular industry across all generations, the share for the youngest is just under 20%, 10 percentage points lower than the average. (Altrata)

* "Accidental Landlords" are those who have tried to sell their home but then choose to rent it out instead of selling at a less than stellar price. 2.3% of the homes that were for sale this summer ultimately switched to rentals. The share is higher in certain Sunbelt cities where conversions to rentals topped 5%. (WSJ)