on the Surge of South Florida Luxury Real Estate

January 29, 2019

Courtesy of The Fite Group Luxury Homes - William Raveis South Florida

“South Florida Mansion Sales Surge as Tax Exiles Seek Savings” is the title of a recent Bloomberg article, written by Prashant Gopal and Jonathan Levin. The piece highlights the “Snowbird” trend, which refers to people from the Northeast moving to South Florida in order to escape the harsh winter, but now another incentive may be encouraging this decision to relocate. 


Citizens are jumping at the chance to cut their tax bill and are even considering bringing their businesses with them. 1548263055Bloomberg presents statistics that display luxury sales declining nationwide, yet rising in South Florida. This is a major victory for those working in the South Florida Real Estate market, and it’s a win for our entire team to see William Raveis South Florida Agent Michelle Noga be asked to provide her take on South Florida’s optimistic future.

The article mentions both Michelle and William Raveis South Florida:

Michelle Noga, an agent at William Raveis South Florida who is working with Morris from Bloomington, said customers have been paying close attention to Florida residency requirements.

“I just finished a showing with some people from Boston," she said of the retirees. "They want to live there for six months and one day.”

Read the entire Bloomberg Article Here.



Add Comment

Share this post

Click here!

Search Blog

Recent Blog Posts

Luxury Open House Tours, Saturday, February 23, 2019

Linda Secrist, Linda Secrist of BHHS Utah Properties — Feb 21

Sierra Sotheby’s International Realty Brings Buyer for Tahoe Donner Home, $1.32M

Sierra Sotheby's International Realty, Sierra Sotheby's International Realty — Feb 19

The Top Kitchen Design Trends for 2019

NV Realty Group - South Carolina, NV Realty Group - South Carolina — Feb 19

Local Luxuries: Park City-Made Treats

Christine Grenney, Summit Sotheby's International Realty — Feb 13

ATLANTA Homeowners, Are you ready to sell your condo?

Anthony Acosta, Jr., Harry Norman Realtors® Corporate — Feb 13