effect

Palm Beachs Trophy Homes: The Snowball Effect: Palm Beach’s $100 Million+ Homes Command Attention—Is It a Smart

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Photo of home in Palm Beach that is listed for more than $200 million

The Rarity of Waterfront Property: What Drives the High Prices? Palm Beach, FL, is renowned for its luxurious real estate market, where three homes are now listed for 0 million-plus, with prices reaching as high as 5 million. The real estate market for waterfront ‘trophy homes’ in Palm Beach—where 51.3% of all real estate deals … Read more

Developers, Billionaires Blast Mamdani effect on Miami

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Developers, Billionaires Blast Mamdani effect on Miami

New York City’s Mayor-elect Zohran Mamdani was on the minds of Miami developers, brokers and billionaires last week.  His win on Tuesday has fueled a number of memes and social media posts claiming that a mass exodus of wealthy New Yorkers to Florida is already underway. He’s promised to freeze rents on rent-stabilized buildings and … Read more