Latest news with #MdvEdwards
New York Post
26-06-2025
- Business
- New York Post
Once red-hot, South Florida's real estate market is in a months-long slump — here's why
Whether it's a market meltdown or a much-needed course correction, dismal home sales in South Florida are sticking around. New data compiled by the Miami Association of Realtors reflects a once-hot market in a persistent state of rebalancing. The dollar volume of sales across Miami-Dade, Broward and Palm Beach counties clocked in at $5.6 billion in May — a marked decline from $6.1 billion last May, the Real Deal reported. 'It's a validation of what we've anticipated and seen in the marketplace over the past few months, maybe even the last couple of years,' Miami-based broker Mick Duchon of Corcoran told The Post. 'Since interest rates peaked, we've seen a slowdown across the market, especially in parts of the commoditized condo space.' Advertisement 6 Sluggish condo sales have become a crisis for South Florida real estate. Mdv Edwards – 6 Luxury buyers are proving to be a resilient segment of an otherwise depressed market. Felix Mizioznikov – New waterfront villas and glittering penthouse condos are still selling at a healthy pace, but success in that corner is tempered by the grim realities of the middle market — namely condos. Advertisement While cash-rich luxury buyers can afford to breeze through the market, the average South Florida buyer is still chafing at high mortgage rates and insurance costs. New upkeep requirements on condos following the fatal 2021 Surfside condominium collapse are making older units increasingly difficult to sell. Miami-area sales dropped 20% compared to May of last year, according to the Miami Association of Realtors. Condo sales took a particular hit with a 25% dive. Nearby Broward County, which encompasses Fort Lauderdale, saw a 18% drop in sales, with a 24% dip in condo closings. Real estate insiders confirmed a steady decline in the housing market in recent months, but told The Post that numbers vary wildly across South Florida's polarized housing stock, from embattled, aging condos to attractive, multimillion-dollar new builds. 6 Today's Miami homebuyers want resilient properties in prime locations, leaving aged buildings to flounder on the market. Francisco – Advertisement 6 The consequences of the 2021 Surfside condo collapse are still reverberating. Getty Images 'There's different generations of our market, particularly Miami Beach,' Miltiadis Kastanis of Compass told The Post. 'There's pre-COVID and post-COVID. And there's pre-Surfside collapse and post-Surfside collapse,' Kastanis added. 'Those are two monumental happenings that have adjusted our real estate market, because people are less inclined to buy in an older, aging building.' Relief for the condo market is on the horizon, however. Governor Ron DeSantis signed legislation this week to ease the burden of rising fees and regulations on condo homeowner associations. Advertisement The supply of affordable homes under $400,000 across the region remains tight. Median prices in Miami-Dade rose year-over-year from $650,000 to $675,000 — the 162nd consecutive month of price appreciation since December 2011. The single-family market in Miami-Dade County was a rare bright spot in the Miami Realtors report, charting 4% price growth, but sales still declined. In nearly all other markets and categories, prices declined alongside sales. 6 Prices remain elevated in well-heeled Palm Beach, but the recent cadence of sales is closer to 2019 than 2022. Solarisys – 6 Market insiders characterize South Florida's single-family downturn as a normalization, rather than a reckoning. Felix Mizioznikov – A confluence of seasonal slowdowns, rate-wary buyers and oppressive condo rules have made for a stormy outlook in South Florida. Even the Palm Beach market saw a 12% decline in sales year-over-year. Johnny DelPrete at Douglas Elliman, based in the northern area of Palm Beach County, characterized the downturn as a period of stabilization. DelPrete said Palm Beach sellers and buyers are on more equal footing than they were in the recent past. 'I think the best way to summarize the current market is that it's just normalizing,' DelPrete said. 'We had that huge surge from the pandemic, then went from no inventory to now having months and months of inventory.' Advertisement While demand is ever-present, Duchon said, the brokers manage expectations of wary buyers and eager sellers. 'Oftentimes, people will pick out one deal over the past four years and try and meet that sale,' Duchon said. 'When, in order to sell today, we have to adjust the price to the market.'
New York Post
05-06-2025
- Entertainment
- New York Post
Toxic ‘submariner' daters resurface — like nothing ever happened: ‘Worse than ghosting'
First, they vanish into the dating deep. Then, months later, they're back in your DMs — like nothing ever happened. Welcome to the maddening world of 'submarining' — a toxic, resurfacing trend where ghosters pop up from your past, acting like their sudden radio silence was no biggie. Advertisement 4 Say hello to 'submarining' — the infuriating dating trend in which ghosters suddenly resurface like nothing ever happened. Mdv Edwards – 'They want someone to talk to and make them feel good about themselves,' Gigi Engle, certified sex coach and author of 'All the F*cking Mistakes: A Guide to Sex, Love, and Life,' previously told Men's Health. 'It's pretty unlikely that it's because this person actually cares about you.' Advertisement They aren't exactly rare, either. Submariners — also known as 'zombie daters' — typically ghost without explanation, only to boomerang back into your life like nothing went wrong. Think: 'Hey, stranger' six months after you cried in your Uber home. 4 Submariners — aka 'zombie daters' — vanish without warning, then suddenly pop back up in your DMs like their ghosting spree was totally chill. POOL/AFP via Getty Images 'People may choose to resurface for a lot of reasons, but more often than not, it's out of insecurity or boredom,' Engle said. Advertisement Worse, they never acknowledge their vanishing act — no apology, no closure — just a creepy illusion that the last few months of your life didn't happen. According to Dr. Wendy Walsh, Ph.D., a psychology professor and relationship expert at it's not just flaky — it's prehistoric. 'Evolutionarily speaking, having 'backup mates' is a very common human mating strategy,' she told PureWow. 'Submariners often crave intimacy but are terrified of the vulnerability it requires,' she explained. Advertisement 'A submariner wants to put somebody on the back burner so they can reach out to them later when they feel lonely.' However, experts warn: Don't bite when they breadcrumb. 4 Most submariners disappear without a trace, a ghostly gaslight that makes you question if those last few months even existed. Ester – 'You've already grieved them for a while; just let them go and move on,' Engle advised. 'If someone is actually into you, they don't disappear out of nowhere.' Submarining joins a long list of bizarre and brutal dating behaviors swimming around the app era — ghosting, love-bombing, fizzing and, more recently, 'shallowing.' As The Post previously reported, 'shallowing' may sound like a harmless beach activity, but it's a rising sex trend involving playful 'outercourse' fun — and, yes, it's just as real as being haunted by your emotionally unavailable ex. Advertisement Sexual wellness brand LELO even listed it as one of the top sex trends of 2024. In fact, a 2021 survey of more than 4,000 women — by Indiana University and intimacy site OMGYES — revealed that nearly 84% of U.S. women found increased pleasure from this intimate form of stimulation. While some are exploring shallow waters, others are diving deep into submarine-infested territory — and many are using tech to navigate both. 'It's important that anyone with questions about sex and pleasure can receive answers from trusted sources,' said Verena Singmann, spokesperson for sex-toy purveyor We-Vibe. Advertisement 'Technology can be a helpful tool when it comes to sex and pleasure, but AI doesn't always know best when it comes to our sexual health and wellbeing.' 4 Submarining is just the latest freaky fish in the toxic dating sea — right up there with ghosting, love-bombing, fizzing and the newest similarly named trend: 'shallowing.' kleberpicui – Bottom line: When a former flame who ghosted you suddenly reemerges like they're starring in their own reboot, treat them like the shipwreck they are. Advertisement They didn't just get 'busy.' They got bored — and experts say you deserve better than being someone's Plan B with Wi-Fi.
New York Post
20-05-2025
- Business
- New York Post
Gen Z found an ingenious way to cash in on their endless doomscrolling
They're turning doomscrolling into dollars. Gen Z — the generation glued to their screens for nearly seven hours a day — has found a way to cash in on their scroll time: selling their personal data. Generation Lab, a youth polling company, just launched a cheekily named new venture called that pays young people to let an app track their every digital move — from what they browse to what they binge — all in the name of market research. Advertisement 5 Gen Z spends all day glued to their phones — now they're getting paid for it by selling their digital lives to the highest bidder. maxbelchenko – 'We think corporations have extracted user data without fairly compensating people for their own data,' Cyrus Beschloss, CEO of Generation Lab, said per Axios. 'We think users should know exactly what data they're giving us and should feel good about what they're receiving in return.' Advertisement In this case, that 'something' is cash. The app can pay $50 or more per month, depending on activity — simply for installing a tracker that builds a 'digital twin' to answer queries for clients ranging from political groups to venture capitalists. 'For decades, market research has been the equivalent of a doctor asking a patient to describe their symptoms. VERB is an MRI machine,' the company's pitch deck boasts. It's the latest example of Gen Z flipping the script on data exploitation. Instead of being tracked for free, they're getting a paycheck — and they're not mad about it. Advertisement 5 A youth polling firm just dropped a slick new side hustle called — and it's paying Gen Z to let an app snoop on everything from their scrolls to their streams. Mdv Edwards – 'Eighty-eight percent of Gen Z is open to sharing personal information with social media companies,' according to eMarketer, 20 points higher than older generations. And they're not just watching content — they're inhaling it. Gen Z consumes more content than any other age group, clocking nearly seven hours per day (6.6 to be exact), according to a recent Talker Research study. Advertisement 5 The app shells out $50 or more a month just for slapping a tracker on your phone — one that builds a 'digital twin' to spill your secrets to politicos and VCs. Pixels Hunter – Some even binge for 15 hours or more. They're also shelling out big bucks — around $97.70 a month — on streaming services and subscriptions. No surprise, then, that nearly two-thirds of Gen Z say they consume 'too much' media, with 66% admitting they feel overwhelmed by the constant barrage. 5 Gen Z is glued to their screens more than anyone else, clocking nearly seven hours of daily doomscrolling, according to a Talker Research study. Seventyfour – 'The first step is to figure out what's causing the excessive content consumption in the first place,' explained Natasha Thapar-Olmos, Ph.D., associate professor of psychology at Pepperdine University, as per South West News Service. 'Without understanding the cause, efforts to intervene will be less effective. Try keeping a log of when the behavior tends to happen and any patterns in what might precede it.' But instead of guilt-tripping, many are monetizing. Advertisement Still, while they're open to sharing, Gen Z also wants boundaries. A 2022 McKinsey study found they're more likely than older adults to pay for privacy protections or wipe their data once they're done with a service — proof they want control, not surveillance. 5 Gen Z may sell their data — but they're not suckers. A 2022 McKinsey study found they're more likely than boomers to pay for privacy or wipe their tracks clean. jittawit.21 – Advertisement If nothing else, selling your data is giving 'selling plasma' energy — except now, the only thing bleeding is your battery. With a goal of reaching 5,000 users by fall, Verb is banking on one very Gen Z truth: if they're already being watched, they'd rather turn Big Data into big bucks.
