Danny's Blog

Miami Real Estate Market at its Best Moment

Wednesday, June 24, 2015
Tags:   Miami Beach Waterfront Homes, Miami Beach Listings

There is not a secret that Miami real estate market is at its best moment attracting investors from the United States and other countries. Many young New Yorkers and Californians have been looking to luxury homes at waterfront condos in the Magic City as a recommendation from their accountants.

High-end buyers are not waiting until their retire or to sell a business to move to Miami. Young buyers are coming to live here permanently and are bringing businesses with them or starting new ones in South Florida.

The Colwell Banker Previews International Luxury Market Report demonstrated that 73 percent of the interviews under 35 expect to buy a property in the next twelve months. But just 49 percent of the people between 35 and 44 years old, 26 percent of the interviews between 45 and 64 years old, and 11 percent of these ones over 65 are expecting to buy a home in the next twelve months.

There is no state income tax in the state of Florida, which help buyers to save money. In addition to this, there is an excellent equilibrium in the work-life balance in Miami. The Magic City luxury market along with the advancements in technology, transportation and communication are attracting young buyers from all around the world.

This information was provided Danny Hertzberg's article in the Miami Herald. Danny Hertzberg, the award-winning Realtor in the Miami Beach Waterfront Homes. To learn more about the Miami Beach Listings contact him at 305.985.5934 or DannyH@thejills.com

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