"Even though the summer months are typically slower in Miami because the weather gets warmer, the last three months have been very strong, with a lot of momentum, for the luxury market," said team cofounder Jill Hertzberg.
"Many of the buyers who are already in Miami are proceeding with their home-buying plans, and deals are moving forward. Others are in the process of narrowing their purchase options and might make their decisions soon." The reality is that COVID-19 has expedited the purchase decision process for many buyers, she said, "particularly the tax-driven ones."
It also offers, of course, the particularly attractive features of no state income tax and positive homestead laws. As for where the demand is coming from, cofounder Jill Eber said existing Florida residents and out-of-towners are buying first and second homes. She said she was surprised by the "major sales that occurred, as well as the variety of buyers that continue to focus on South Florida for their primary and secondary/tertiary homes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
U VOTING FOR TRAITOR TRUMP TOO
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside McDonald's whirlwind week and how brands are using TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Bill Ackman says market uproar isn't 'the beginning of the end' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Tell that to investors on margin... We are very curious to see how Tontine plays out, as we note the capped risk inherent in the SPAC.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insider Transportation: EV startups take a new road to public markets - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
4 things every investor should do during stock market drop, says CFP - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. True, but fear is part of our everyday lives Fear has a 50 million year head start on rationality. Good luck with that. So true if you go off fear you will never get ahead
Source: BusinessInsider - 🏆 729. / 51 Read more »
25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Time to get a beach house...with a chiropractor roommate...and pretend Charlie Sheen never lost his mind.
Source: BusinessInsider - 🏆 729. / 51 Read more »