Miami’s incredible land grab began in 2020 as wealth flocked in droves to South Florida. From the relocation of substantial financial firms out of New York and San Francisco tech companies to celebrities and athletes alike, the Miami land grab is here to stay as we will continue to see record numbers and sales in 2021.
Residential single-family homes along the coastal communities of Miami-Dade have luxury home inventory on a steady decline. What’s been touted as ‘the exodus‘ from other major metro areas has since escalated from ‘the new norm,’ and now, in hindsight ending the year, these factors have proven to be a blessing for South Florida real estate.
Miami’s Incredible Land Grab
What began this year as an escape from high tax states to a desire for a new lifestyle in pandemic-era times, 2021 will be a fantastic escape for many who see Florida as a safe haven on every level for the world’s elite. Miami’s incredible land grab is in full swing. From substantial tax savings when relocating to what is also a pro-police environment for security and peace of mind, residents get almost perfect weather while living in a great environment filled with endless fun and enjoyment, whether culturally or environmentally. From the cleanest air over the beaches and bay to an emphasis on health, prosperity, and an awesome living environment, come and experience this new life here in South Florida that’s quite simply second to none. Make a move today while there’s still time to cherry-pick from the best Miami offers.
Miami’s Land Grab on Coastal Homes >$5M
The housing market shift has escalated, as we see in these graphs below – the savvy buyer is aggressively approaching the market. Miami’s incredible land grab is apparent in the charts below.
Miami has experienced a land grab in recent years, with developers and investors vying to acquire property in the city. This has led to rapid gentrification in specific neighborhoods and a rise in housing prices. The influx of new residents and businesses has brought positive and negative changes to the city, with some praising the development and economic growth. In contrast, others criticize the displacement of long-time residents and the loss of cultural diversity. Miami’s incredible land grab remains, and its effects on the city and its residents will continue to be discussed and debated.
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