South Florida’s Real Estate Market Is Now Officially In Super-Boom Mode

  • 📰 Forbes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

South Florida's residential real estate market is on fire. Fueled by a national pandemic migration to warm, low tax, low regulation cities where restaurants, retail stores, and life remain (relatively) open, cities like Miami, Fort Lauderdale, and Palm Beach now look unstoppable

tells the same story. Total active single-family home listings in Miami-Dade, Broward, and Palm Beach counties hit a twelve-year record low at the end of 2020, with only 9,495 homes on the market across all price ranges, compared with a recent peak of 20,646 in 2015. Year over year, single-family home sales above $5M have surged 225%, 67% of which occurred in Miami Beach, Coral Gables, and Fort Lauderdale with an average closing price of $10.4M.

In other ways, however, South Florida’s resurgent real estate market was inevitable, as anyone who’s lived here for years will attest. It just happened to be accelerated by COVID-19 in longer-term, more structural ways that no one could have predicted.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Miami is the new Silicon Valley and accepts Bitcoin, pays salaries in Bitcoin, and allows taxes in Bitcoin It's no surprise!

Yep....that picture makes no sense whatsoever with the Headline

🏖🏡

Good job ‘s digital media department. Photo totally doesn’t work.

I love how the photo here is NYC....

Watch out for climate change.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 394. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen