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Average cost to buy a home in South Florida has kept rising. Here’s by how much.

By: zzstar in FFT4 | Recommend this post (0)
Fri, 07 Jun 24 2:09 PM | 11 view(s)
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“ “It’s because the people who are moving here are wealthy,” he said. “It’s not the median blue-collar worker moving to South Florida. It’s the self-employed business owners with larger incomes that are moving to the area. The demographic of the people moving are high earners, high tax brackets.”

And while people from the Northeast are still a “top migration pattern,” he’s seeing more people come from Miami-Dade County, who are leaving condos that are getting slapped with high assessments, instead choosing more control in a single-family home at a more reasonable cost.”

http://www.msn.com/en-us/money/other/average-cost-to-buy-a-home-has-kept-rising-here-s-by-how-much/ar-BB1nLIfB

Funny thing how Biden’s economic boom has changed the equation……..because people can, they do!

The average price has almost quadrupled. Like Ah’ said a few days ago Margaritaville no longer exists. Blatant Gentrification by developers and town boards is ruining Florida charm.




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