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Are Older Americans Traveling Again? Road Scholar Shares Recent Trends

Road Scholar

How are older Americans approaching travel in this almost-post-pandemic world? Well, almost 13,000 Americans over the age of 50 have attended Road Scholar ’s educational programs since July, when the not-for-profit educational travel organization deemed it safe enough to resume operating with the requirement that all participants be fully vaccinated. Grandparents on learning adventures with their grandchildren accounted for more than 750 of those enrollments. Additionally, 18% of Road Scholars traveled internationally, while 78% chose the U.S. as their learning destination. “This was a summer for grandparents to reunite with their grandkids and embark on learning adventures across the U.S.,” said Road Scholar President James Moses. “These folks decided the time was right, they were fully vaccinated and they were ready to get back out in the world to learn and discover together.” Road Scholar’s most popular learning adventures this year have been in Costa Rica, U.S. National Parks and U.S.-based outdoor learning experiences. The most popular Grandparent programs focused on physical and educational activities with their grandkids, including canoeing in the Ozarks and learning about sea turtles in Georgia. “We all are settling into the reality of learning to live in a world with COVID. And, for Road Scholars, living means learning and traveling,” said Moses. “Especially in light of the new Delta variant, participants’ feedback has been consistent: they are grateful that we will only enroll people who have been fully vaccinated and that our on-site leaders must also be vaccinated. This is a policy Road Scholar established as soon as vaccines became available and to which we are fully committed.” “Requiring vaccinations allayed my fears,” said Georgina Schuster, a first-time Road Scholar participant. “Knowing that everyone I sat on a bus with, sat across a table from and sat in a classroom with was vaccinated was reassuring.” Road Scholar offers guidance to help participants follow COVID protocols in each of the 46 states, territories and provinces and the 34 countries where programs have resumed. The organization arranges for COVID testing in countries that require it and has only seen a handful of mild or asymptomatic breakthrough cases out of more than 10,000 participants. Nancy Coolidge, a long-time Road Scholar instructor, shared that “as we resume our programs, I am struck by how patient and appreciative everyone is. There is a collective sense of gratitude to be back on the road again. Things that we used to take for granted seem very precious now after what we have all been through.” More than 6,500 older adults are currently scheduled to travel with Road Scholar between October 15 and December 31, 2021. So far, more than 52,000 participants have enrolled in programs for 2022: 26,700 in North America programs, 16,900 in international and 4,500 in Road Scholar’s Adventures Afloat shipboard programs, which resumed in August 2021. To explore Road Scholar’s 1,000+ program offerings, please visit www.roadscholar.org. To request a mailed catalog, please call (800) 454-5768. About Road Scholar Road Scholar is the nation’s largest not-for-profit educational travel organization for adults – a true university of the world. It offers thousands of programs in more than 100 countries and 50 states. Road Scholar educational adventures are created by Elderhostel, the world leader in educational travel since 1975. Learn more at press.roadscholar.org. Contact Details Road Scholar Kelsey Knoedler Perri +1 617-521-5301 Kelsey.Perri@roadscholar.org Company Website https://www.roadscholar.org/

October 18, 2021 11:06 AM Eastern Daylight Time

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Ultrahuman hires former KKR exec ahead of expansion drive

Ultrahuman

Ultrahuman, the rapidly growing metabolic fitness platform, has today appointed its first chief business officer, installing Bhuvan Srinivasan in the leadership team. This appointment comes hot on the heels of the recent $17.5m funding round as Ultrahuman aims to help over a billion people in the world improve their metabolic fitness. Bhuvan has spent over 14 years in consultancy and private equity before joining Ultrahuman. He was most recently a Director in KKR's India team where he led multiple investments in pharma, hospitals, waste management, tech and education. His key focus was to drive transformation, turbocharge growth, hire senior management, lead M&A transactions and achieve successful funding rounds and exits for their portfolio. Prior to joining KKR, Bhuvan was with Bain Capital. Prior to that he was with Bain & Company in Singapore working with businesses in Southeast Asia and across the Middle East. He holds an MBA with honors from The Wharton School of the University of Pennsylvania. Having read his undergrad and masters in Biomedical Engineering from the Johns Hopkins University, Bhuvan began his career as a research scientist working on continuous glucose monitoring at Medtronic Diabetes in Los Angeles. On his appointment to chief business officer at Ultrahuman, Bhuvan Srinivasan commented: “Life has come full circle for me in joining Ultrahuman. I began my career as a research scientist for glucose sensors for diabetes. Since then, I have benefitted from working closely with a range of businesses and people, skills that I will be able to utilise in driving the future trajectory of Ultrahuman as it scales globally. Research over the last 15 years has shown that good glucose control is important for preventing other diseases as well, including cardiovascular disease, Alzheimer’s and even cancer. I have been an avid supporter of the business over the years and am thrilled to be joining this amazing group of people who are focussed on making a huge impact.” Ultrahuman was started by Mohit Kumar and Vatsal Singhal who were also co-founders at Runnr that later merged with Zomato. Mohit is an avid cyclist, biohacker and Brazilian Jiu-Jitsu enthusiast. Vatsal is a cross fit enthusiast and biohacker. Mohit was training at one of the largest MMA Camps in the world (Tiger Muay Thai). There he observed athletes train smartly via usage of data, recovery tools and protocols. He got together with Vatsal and they came up with a vision for Ultrahuman where they can make the journey of fitness for people more personalised and impactful. “We are navigating our scale up journey and having people like Bhuvan will certainly bolster our efforts. His appointment is part of the next phase of growth and his experience in building businesses will provide the perspective and guidance Ultrahuman requires as we charter the course” said Ultrahuman Founder and CEO Mohit Kumar. The metabolic health crisis is unarguably one of the largest healthcare crises that exists today. Over a billion people in the world suffer from a metabolic health disorder which contributes to almost 85% of all chronic diseases in the world. By helping people understand how food and exercise affects their metabolic health, people would be able to make informed choices about what they eat and their activity levels. The approach is a geography / diet agnostic way to help people eat and exercise better. The Ultrahuman Cyborg wearable helps people optimize their exercise and nutrition based on glucose biomarkers. Launched in June 2021, Ultrahuman has already amassed tens of thousands of people on a waitlist whilst users rave about their experience on Twitter after using the wearable. An important biomarker like glucose can be very revealing about how a particular food item affects the user’s metabolic health by measuring the glucose response. This response is unique to an individual and it depends on various factors like their microbiome diversity, stress levels, time of the day, food ingredient quality etc. About Ultrahuman Ultrahuman is headquartered in the US and India. It is the world's most advanced metabolic fitness platform. It helps people create long-term habits and changes via instant nudges and deep health insights instead of diets and strict exercise routines. For more information and updates on Ultrahuman, please visit ultrahuman.com Contact Details Ultrahuman Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://ultrahuman.com/

October 18, 2021 08:00 AM Pacific Daylight Time

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Terra Wellington’s Fall Wellness Journey

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/6p0or23MAVA One of the busiest seasons is upon us. Between school activities, homework, and many people going back to the office—it’s sometimes hard to fit in personal care and extra family time. Terra Wellington is Editor in Chief of SimpleMomsGuide.com and has three wellness tips to help make the transition into fall a little smoother. SIMPLE PERSONAL CARE MATTERS: The fall ushers in cooler temperatures and a drop in humidity—leading to dry air and dry skin. That’s why Wellington suggests approaching skincare seasonally, including moisturizing your skin more often. She says, “It’s about giving yourself some simple personal care.” One product the lifestyle media personality recommends is Gold Bond Pure Moisture Daily Body and Face Lotion. It’s clinically shown to provide immediate hydration that lasts for 24 hours, while being ultra-lightweight and fast-absorbing, with 7 moisturizers and 3 vitamins, plus hyaluronic acid and grapeseed oil. This means it will help attract and retain moisture. The lotion is also free from parabens, dyes, and fragrances. Wellington says to use it daily to keep your skin looking healthy. For more information, go to goldbond.com. https://www.goldbond.com/en-us/products/pure-moisture-lotion Instagram: https://www.instagram.com/goldbond/ Facebook: https://www.facebook.com/goldbond/ Hashtags: #SkinChampions #PureMoisture TAKE ADVANTAGE OF THE FALL HARVEST: Wellington’s fall wellness tips include taking advantage of fall-season produce, like butternut squash, pears, and grapes. She says it can be a money-saving move because it’s often on sale at local farmer’s markets. Whether eating your healthy harvest indoors or outdoors, Wellington recommends checking out Chinet. Her go-to’s include the brand’s disposable cutlery, cups, and plates made for every occasion. She says, “They can make your cleanup easier, especially if you’re outdoors. This gives you more time to enjoy your family.” “Chinet’s Crystal products provide a fancy touch to your meals,” says Wellington, adding, “Their comfort cups have lids to help avoid spills, especially if you’re on the go, which can make the journey more manageable.” The Classic line is made from 80% recycled material. For more information, go to mychinet.com. https://www.mychinet.com/products/ Instagram: Instagram.com/mychinet Facebook: Facebook.com/mychinet Twitter: Twitter.com/mychinet MAKE YOUR HEALTH TOP PRIORITY: Wellington says we may not be drinking as much water as we did in the summer, but it’s still very important to stay properly hydrated. In fact, studies have shown that drinking enough water can help reduce stress. “It can be as easy as having a glass of water nearby, you can take sips throughout the day,” says the media personality. Another fall wellness tip is to spend time outdoors—science shows that it is beneficial to a positive mindset and healthy body. “Being outdoors also provides opportunities to get in your exercise. You can hike, bike, or take a walk in your neighborhood,” says Wellington, “20 to 30 minutes is a good goal,” she adds. Her final tip is to get enough sleep. “Make sure you try to get at least seven to nine hours each night. Not only does sleep give you the proper amount of energy, but it also helps boost your immune system.” For more information, go to simplemomsguide.com. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 18, 2021 09:47 AM Eastern Daylight Time

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The U.S. Chamber Discover & Deliver Initiative Spotlights Medical Innovation Happening across Main Street America

YourUpdateTV

You may be surprised to learn that cutting edge medical innovation is happening right now in your own community—from coronavirus to cancer, America’s innovation community is mobilized like never before. Across main street America, businesses of all sizes, the public sector, and academic institutions are making remarkable progress in developing the next generation of breakthrough treatments, vaccines, and diagnostics we need. The results are clear—working together we achieve more. That’s why the U.S. Chamber Discover & Deliver initiative is spotlighting the role of business in bringing science to life and delivering it to humanity. It’s the story of a nationwide, cross-industry effort that involves our brightest scientific minds, the most innovative companies, and the nation’s leading universities—all working together toward the common goal of making a healthier global community. The scope is as impressive as the speed. Scientists are conducting more than 140,000 clinical trials across the United States, in all 50 states, from big cities to small towns. This search for new medical solutions and cures also supports hometown economies by creating good jobs and driving growth. Discover & Deliver is conducting outreach in communities across the United States to engage local leaders, share the latest information, and provide a “peek inside the pipeline” to shed light on what science can tackle next. To help illustrate this story, the U.S. Chamber developed an interactive map, to show what’s happening across our country—in communities large and small—as innovation works to identify the solutions needed to fight disease. Visit www.USChamber.com for the latest resources and insights into how business is stepping up in extraordinary ways to solve our biggest challenges. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content.. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 15, 2021 03:40 PM Eastern Daylight Time

Living With Narcolepsy: Symptoms and Misconceptions

YourUpdateTV

Confusion, stereotypes, and stigma about the sleep disorder narcolepsy persist to this day. This can lead to a long time to diagnosis and prevent people who think they have narcolepsy from reaching out to a healthcare professional to learn more. So, what is narcolepsy? Narcolepsy is a rare, chronic, debilitating neurological disorder that affects the way the brain controls sleep-wake cycles. 1,2 Narcolepsy affects approximately 165,000 Americans, with one of its main symptoms being excessive daytime sleepiness, or the inability to stay awake and alert during the day. 1 Other symptoms may include cataplexy, which is the sudden and brief loss of muscle strength or tone brought on by certain emotions or situations, sleep paralysis, vivid hallucinations when falling asleep or waking up, and disturbed nighttime sleep. 3,4 Narcolepsy is estimated to be severely underdiagnosed. 5,6 It can take an average of 10 years for people living with narcolepsy to be diagnosed after experiencing their first symptoms. 5 Narcolepsy can disrupt everyday life, 1 but the symptoms of narcolepsy aren’t always obvious, and may be inaccurately attributed to other medical conditions. 3,7 Getting to know narcolepsy means recognizing the symptoms, understanding their impact, and finding resources and support to help manage the disorder. Dr. Michael J. Thorpy, a world-renowned sleep specialist and narcolepsy expert based in New York, New York, and Jessica, a person living with narcolepsy, conducted a nationwide media tour in conjunction with Your Update TV and Harmony Biosciences to help address misconceptions, learn more about the signs and symptoms, find out what it is like to live with narcolepsy, and discover resources to help those impacted. For more information visit: WWW.KNOWNARCOLEPSY.COM and WWW.KNOWNARCOLEPSY.COM/STORIES References: 1 National Institutes of Health. Narcolepsy. U.S. Department of Health and Human Services. May 2017. 2 Narcolepsy Fact Sheet. NIH Publication No. 17-1637. https://www.ninds.nih.gov/Disorders/Patient-Caregiver-Education/Fact-Sheets/Narcolepsy-Fact-Sheet. 3 American Academy of Sleep Medicine. International Classification of Sleep Disorders. 3rd ed.; 2014. 4 Silber MH, Krahn LE, Olson EJ, Pankratz VS. The epidemiology of narcolepsy in Olmsted County, Minnesota: a population-based study. Sleep. 2002;25(2):197-202. 5 Overeem, Sebastiaan & Reading, Paul & Bassetti, Claudio. (2012). Narcolepsy. Sleep Medicine Clinics. 7. 263–281. 10.1016/j.jsmc.2012.03.013. 6 Carter LP, Acebo C, Kim A. Patients' journeys to a narcolepsy diagnosis: a physician survey and retrospective chart review. Postgrad Med. 2014;126(3):216-224. 7 Thorpy M, Morse AM. Reducing the clinical and socioeconomic burden of narcolepsy by earlier diagnosis and effective treatment. Sleep Med Clin. 2017;12(1):61-71. About YourUpdateTV: YourUpdateTV i s a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 15, 2021 03:00 PM Eastern Daylight Time

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MCR Labs Announces First Annual “Cannabis Science Fair,” Begins Accepting Submissions

MCR Labs

Massachusetts-based cannabis testing company MCR Labs will host its inaugural “Cannabis Science Fair” at The BUild Lab IDG Capital Student Innovation Center on December 11. MCR Labs is partnering with The Cannabis Center of Excellence (CCoE) and Innovate@BU to organize the event, which is billed as “an exhibition of research and progress from the institutions working to expand our cannabis knowledge.” Groups interested in showcasing their cannabis-focused work at the science fair are invited to submit abstracts and other materials to MCR Labs via https://ma.mcrlabs.com/event/the-cannabis-science-fair. “We’re extremely excited about the potential for this event,” said Melissa Kenton, MCR Labs event and outreach coordinator. “It’s been on our radar for over a year, and we cannot wait to see what our fellow cannabis scientists and innovators are ready to share with us and the community.” Submissions for the Cannabis Science Fair will be assessed by MCR Labs and their event partners and selected for inclusion based on the soundness of methodologies, their potential scientific or industry impact and how thoroughly their findings are presented. A limited number of submissions will be selected for full presentations, poster presentations and demonstrations of any devices or prototypes. Projects chosen to be exhibited at the Cannabis Science Fair and other details about the event will be announced in November. Sponsorship opportunities are available and the event will be free to the public. Please contact MCR Labs for additional information about the event and how to join. About MCR Labs: MCR Labs is one of the longest operational cannabis testing laboratories on the East coast with facilities operating in several legal cannabis markets. We are ISO/IEC 17025:2017 accredited providers of analytical cannabis product testing and R&D services committed to assisting licensed marijuana establishments, patients, researchers, entrepreneurs, and advocates. Our team of chemists and pharmaceutical scientists are dedicated to advancing public health and safety through leading-edge chemical analysis of cannabis products and offering unparalleled guidance and support for partners, regulators, and the communities we serve. For more information visit http://mcrlabs.com. Contact Details MCR Labs Joe Crinkley +1 857-230-0839 joe@mcrlabs.com Company Website http://mcrlabs.com

October 14, 2021 02:17 PM Eastern Daylight Time

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GRYT Health and Bristol Myers Squibb Team Up to Launch Diversity in Oncology Initiative

GRYT Health

In light of the health disparities in oncology, GRYT Health (“grit”), an oncology solutions company that was started and run by cancer survivors, and Bristol Myers Squibb, have partnered to launch Diversity in Oncology, a virtual platform available at www.diversityinoncology.com to highlight and raise awareness of the health disparities in oncology facing diverse patients in the U.S. As one example of a racial disparity that exists in oncology, according to the National Institute of Health, “The invasive breast cancer age-adjusted mortality rate for black women age <40 was twice that for white women.” The Diversity in Oncology initiative will co-create a series of live, interactive sessions that bring together a multi-stakeholder audience of local and national organizations, patients and caregivers, healthcare providers, clinical trial teams and principal investigators, schools of public health and others. The goal of the initiative is to have courageous conversations about what’s currently inequitable, so that this cross-stakeholder, cross-cultural initiative can work towards structural changes in clinical trials. By bringing together diverse patients who have experienced inequities, alongside those who run trials, we will highlight current inequities and identify ways to adapt the system. The first of four live sessions will be October 27, 2021, from 4:00 – 5:30pm ET and is titled “Experience of Diverse Patients and Families in Clinical Trials.” It will feature an opening keynote from Wendy Short Bartie, senior vice president, U.S. Oncology at Bristol Myers Squibb, followed by a panel conversation moderated by Megan-Claire Chase, partnership director at GRYT Health and equity advocate. The session will include “break-out” rooms where attendees will be able to interact with the speakers to ask questions and to share their own stories and experiences in cancer clinical trials. “This initiative is about acknowledgment of the real and current issues in cancer clinical trials that need to be fixed,” said Megan-Claire Chase, partnership director at GRYT Health and moderator of the first session on the Diversity in Oncology platform. “This initiative is being developed with the voices of the underrepresented communities living these experiences, so that resources and structural change can be co-designed together.” The panel speakers in the first session will share their own personal experiences - as patients participating in clinical trials, as well as those who chose not to participate in a clinical trial. “When I participated in a clinical trial for breast cancer, the research team never showed any care or concern to my questions,” said Venus Ginés, president and founder, Día de la Mujer Latina® Inc. and speaker on the Oct. 27 session of Diversity in Oncology. “When I shared about the side effects that I was struggling with - they would say ‘I will document it on your file,’ but there was no support or follow-up care. After three months, I left the trial and upon not getting a call-back, I felt it had been a waste of my time.” Venus founded Día de la Mujer Latina® Inc. not only to educate Latinas about breast and cervical cancer, but as a result of her experience. In her work, she teaches promotores/community health workers to be more patient-centered and respectful to their constituents and patients, providing timely responses, resources, and support. Upcoming sessions, all available on the same virtual platform, will focus on topics relevant to bringing awareness to and developing solutions for healthcare inequities, including the experience of diverse physicians, principal investigators in clinical research, improving representation of diversity in clinical trials, and new models of academia and community collaboration in terms of clinical research. The virtual platform will provide resources and access to organizations and individuals advancing health equity, as well as the opportunity to participate in the live, interactive sessions to foster discussion and collaboration. To register for free access to the platform and the series, visit www.DiversityinOncology.com. All sessions will be recorded and also available on demand. Source: Breast cancer epidemiology in blacks and whites: disparities in incidence, mortality, survival rates and histology (nih.gov) GRYT Health is a digital oncology company that empowers people to be in charge of their own health through education, engagement and support. We offer a community free from judgment that focuses on humanity and the value each person brings. Our mission is to improve quality of life and increase survival for people facing cancer through the relentless focus on patient experience. We put patients first and work with healthcare organizations that do the same. We use the patient voice to enhance drug development and access; and together, we are helping to move healthcare forward. Visit www.grythealth.com or www.solutions.grythealth.com to learn more. Contact Details Lindsay Barnes +1 215-410-9982 Lindsay.Barnes@evokegroup.com Company Website https://www.grythealth.com

October 14, 2021 11:52 AM Eastern Daylight Time

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Premier Rugby Sevens Hosts Landmark Inaugural Event – Sets Sights on 2022

Premier Rugby Sevens

Premier Rugby Sevens (PR7s) officially launched their new league on Oct. 9, marking several firsts within the sports industry and rugby community. As the first U.S. sports league to launch with men and women earning equal pay, PR7s also broke gender barriers in the rugby community as the first professional women’s rugby league in North America. Supported by six league sponsors, 18 games were broadcast live in a single day via Fox Sports in the United States, TSN in Canada, and Facebook Watch around the world. “This is only the beginning,” said Owen Scannell, CEO of Premier Rugby Sevens. “What started as an idea early in the pandemic became a reality on Saturday thanks to a team of incredibly talented staff, athletes, coaches, broadcast partners, sponsors, and fans. We will reveal our 2022 plans soon and look forward to growing PR7s into a league that offers both women and men an opportunity to compete at the highest level. Thousands of fans experienced the excitement live in the stadium and thousands more consumed it live on televisions, tablets, and cell phones thanks to our partners at Fox Sports and TSN. An incredible foundation is in place and we’re ready to grow our league with more cities and events next year.” Fifteen Olympians from the 2020 Olympic Games competed in the inaugural event. With 120 total players, six men’s teams and four women’s teams debuted in Memphis. Led by rugby legend Perry Baker, the Experts won the first PR7s men’s championship. And as one of the most dominant players in the world, Alev Kelter led the Loonies to the first women’s championship. Competing in games that last 14 minutes, the two champions played four times each en route to their titles on Saturday. Full game results can be view at PRSevens.com/results. Samurai Sportswear, Kane Innovations, Inc., Sperry Rail, Inc., Campbell Clinic, Ghost River Brewing Co., and Memphis Tourism sponsored the inaugural event. The partnerships included jersey logos for Kane Innovations and Sperry Rail. Ghost River Brewing sponsored the daylong festival. PR7s features six men’s teams and four women’s teams that play multiple games in one location on a single day. Team brands include the Loonies (men and women), the Loggerheads (men and women), the Experts (men and women), the Headliners (men and women), the Locals (men), and the Team (men). The league’s first captains featured stars from both the Men’s and Women’s U.S. Olympic Rugby Sevens teams, including Perry Baker (Experts men), Danny Barrett (Team men), Abby Gustaitis, (Loggerheads women), Alev Kelter (Loonies women), Matai Leuta (Locals men), Folau Niua (Headliners men), Naya Tapper, (Headliners women), Stephen Tomasin, (Loonies men) and Kevon Williams (Loggerheads men). About Premier Rugby Sevens Premier Rugby Sevens (PR7s) is a groundbreaking professional sports league in North America that debuted on Oct. 9, 2021, on Fox Sports and TSN. PR7s is the first league of its kind with both women’s teams and men’s teams under one umbrella with equal pay. With a focus on accessibility and entertaining content for fans, the league showcases the electrifying sport of rugby sevens through a single-day touring format in cities across the United States and Canada. To learn more about Premier Rugby Sevens, go to PRSevens.com and follow the league on Twitter, Instagram, Facebook, and LinkedIn. Contact Details Eric Nemeth eric.nemeth@prsevens.com Company Website https://prsevens.com/

October 14, 2021 09:03 AM Eastern Daylight Time

South Florida Real Estate Trends for Fall 2021

Miami Luxury Waterfront Homes

Since the start of the COVID-19 pandemic and work-from-home orders, buyers have been flocking to Miami and nearby areas in South Florida. And it's not just homeowners — companies including Microsoft, JetBlue Airways and Goldman Sachs have recently moved their headquarters to Florida. The city is also luring in Tech crowds thanks heavily to the Mayor, Francis Suarez, who has been targeting Silicon Valley. These trends have seen billionaire businesspeople make the move to Miami while the local economy has seen a boom as of late. Although it's hard to say if this particular trend will continue as COVID-19 carries on, it's not unbelievable to think that workers and businesses alike may continue to take up permanent residence in the area. When it comes to real estate, luxury homes and condos continue to be in high demand through the fall months and with listings moving fast and limited availability, average home prices have risen exceptionally in the last year. Miami recently surpassed L.A. as the most expensive housing market, coming in second only to New York City. Florida has seen a massive trend of transplants from big cities, including New York & California, where homeowners are used to paying top-dollar for real estate and higher taxes. As such, luxury properties have been flipping for record profits with some garnering nearly three times the original investment within a short span. Last month, a waterfront estate in Miami Beach was flipped for nearly a 50% gain in just 4 months. It sold for $19 million in May of 2021 and for $28.1 million in September. Flips for luxury single-family homes are becoming more common due to the low inventory of houses available for sale in South Florida. "This market is truly unique," says Samantha Joelle Elenson, a realtor with ONE Sotheby's International Realty for nearly a decade. Miami is thriving with its growing population. The local entertainment and culture scenes are expanding to accommodate the city's newest residents. "Miami is at the forefront for the place to be," Elenson says. The city saw a surge of restaurants open and supper clubs are gaining momentum. Last season, New Yorkers notoriously booked reservations in Miami's top restaurants months in advance so locals planning a night out would be wise to book ahead — something Miami locals may need to adjust to. "Our city is attracting various industries and people for different reasons," Samantha explains. "I was getting calls from out-of-state clients looking to escape to Miami for their freedom as they put it. There was also a tech wave and all of a sudden Silicon Valley was looking at Miami. After the Presidential election and proposed tax adjustments, we began seeing a migration of billion-dollar businesses relocate headquarters here along with their employees. The surge of new residents caught the attention of top hospitality groups like Major Food Group from New York, which opened the almost impossible to get into Carbone and ZZ's. The city is evolving quickly and as a result new opportunities are emerging." When it comes to real estate pricing, it's clear to see this trend continuing well into the fall of 2021 according to the data presented by Samantha's Brokerage, ONE Sotheby's International Realty, which is a leading luxury firm in South Florida. The Trends report can be viewed at https://www.onesothebysrealty.com/trends. It presents the only market report focused on Florida’s East Coast. Data is presented from a macro perspective down to a city level from Miami to Cocoa Beach. October is now well underway and although the market in neighborhoods throughout South Florida shows signs of a shift toward seasonal trends, buyer competition, particularly among domestic newcomers, is expected to continue. Pricing for single-family homes and condominiums should hold steady or see a slight decrease through the remainder of 2021. Thanks to buyer competition, in August 2021, more than 27% of homes were sold above the asking price. By comparison, February 2021 saw just 13% of the area's homes sold above asking. In August 2021, Miami-Dade County saw the highest average sales price. Single-family homes sold for an average of $995,538 — a 32% increase over the August 2020 average, while condos sold for an average of $556,225 — also a 32% increase over August 2020 numbers. "Buyers are struggling to get properties at asking with phenomenal terms," Samantha shares. The county saw more than 1,247 transactions close in August after an average of 41 days on the market. Homes in neighborhoods such as South Miami, Miami Beach, Surfside, Golden Beach and Bay Harbor had average sales prices exceeding $1 million with luxury homes Bay Harbor Islands boasting the highest average sales price at $8.625 million and homes in South Miami selling for an average of $1,184,063 — 26% more than in August 2020. Throughout Miami-Dade County, available listings have increased slightly over the past few months, with 3% more available listings in August than in July 2021, when available listings hit a record low. As the availability of homes for sale increases in South Miami and other neighborhoods throughout Miami-Dade, average sales prices are seeing a slight downward trend. However, the Miami housing market remains hot and competition among buyers is at an all-time high, meaning homes are selling fast and sellers are seeing full-price offers and bidding wars over properties. As fall progresses, it's expected that competition for luxury homes in South Miami and other sought-after communities in the area will continue. "Clients traveled this summer as countries reopened but the housing demand remained high even without their presence," she says. "I expect as the season approaches those who were unsure of an address in Miami, will return to the sunshine state where they happily found refuge last season with all of their friends." Overall, the South Florida real estate market continues to thrive in the fall of 2021. Competition is at all-time highs while average sale prices remain among the highest in the country. About Miami Luxury Waterfront Homes One of ‘America’s Best Real Estate Agents’ as ranked by REAL Trends WSJ, native Floridian Samantha Joelle Elenson specializes in waterfront luxury properties, beachfront condominiums, and upscale property developments in and around Miami and Broward County. Raised in Golden Beach, Florida, Samantha is a third-generation real estate professional who draws on more than 40 years of family real estate development and investment experience. Since joining ONE Sotheby’s International Realty in 2012, Samantha has achieved residential real estate sales totaling more than $75 million. Her goal is to connect clients with the finest real estate properties in South Florida and provide each buyer or seller with personalized customer service complemented by her exclusive network, shrewd negotiating skills, and professional expertise. Her concierge approach to her clients and unrelenting passion for real estate are hallmarks of her service. Visit https://www.miamiluxurywaterfronthomes.com/. Contact Details Miami Luxury Waterfront Homes Samantha Joelle Elenson +1 786-393-4793 selenson@onesothebysrealty.com Company Website https://www.miamiluxurywaterfronthomes.com/

October 14, 2021 08:03 AM Eastern Daylight Time

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