SOUTH FLORIDA LUXURY REAL ESTATE ON FIRE!
(Featuring insight fromMaster Brokers Forum member Mike Pappas, https://www.miamiherald.com/news/business/real-estate-news/article246316610.html)
🔥 3rd-quarter sales of existing homes skyrocketed by 65.2% for single-family houses and by 18.2% for condos

🔥 Miami-Dade/Broward have 8 months supply of single-family homes (a dramatic decrease over the 21-month supply of September 2019)…In terms of condos, the two counties together have 30 months of supply now versus 44 months

🔥 Buyers are coming from New Jersey, Connecticut, New York and California