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Stefano Balli Of The Balli Group On The Housing Migration To Florida And What To Expect In 2022

Stefano Balli

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Stefano was born and raised in Miami, FL, and is the Vice President of his family’s Design-Build company, Balli Group. He is responsible for Development Opportunities, Construction Management, and Sales. He earned dual Bachelor of Business Administration Degrees from Florida International University, specializing in Finance and Real Estate. He also holds a Florida Real Estate Sales Associate license.

Stefano shares his father’s passion for real estate development and values the importance of the process. His strong appreciation and knowledge of Architecture and Construction allow him to bring unparalleled expertise to his clients. Stefano specializes in luxury single-family residences.

Recently, he shared his expert opinions with Haute Residence regarding his specific market, what has led to his success, and what he sees for the future.

 

Haute Residence: What were the effects of COVID in the housing market?

Stefano Balli: Over the past two years, we’ve seen a strong migration to Florida. Now, one can say it is primarily from COVID-19, but this migration has always been in place. South Florida, specifically Miami, has always been a vacation or winter trip for thousands of Americans. COVID-19 expedited and amplified it due to certain health and living conditions in other states. Specific areas I’ve seen the most demand in are in the Southern Gables Gated Comminutes such as Gables Estates, Snapper Creek Lakes, and Hammock Lakes. This is primarily due to the average size of the property, privacy, proximity to great schools and local restaurants.

HR: Why should someone buy in your market?

SB: The quality of life is very high, there are a number of great schools, parks, shops, restaurants, marinas, and parks to support a local lifestyle all while only a 20-minute car ride to Downtown Miami, Brickell, and the sorts.

HR: What sets you apart from other realtors?

SB: Working in the Construction/Development industry for the past 10 years and having a background in Architecture/Design has allowed me to advise and guide my clients on the right purchase. There are several variables when purchasing a home or property that can be costly if not vetted correctly.

HR: What do you see for the future of your market this coming year?

SB: I’m optimistic about what the next couple of years have in store, specifically for the luxury markets in South Florida. Miami is a young city comparatively speaking with much more room to grow, both vertically and horizontally. With limited supply for the foreseeable future and demand continuing through the end of 2021, I believe there’s more room to run.

Stefano Balli is the exclusive agent representing the Ponce-Davis, FL real estate market as a member of the Haute Residence Real Estate Network. View all of his listings here.

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