Bravo network’s celebrity realtor Ryan Serhant has teamed up with luxury residential developer Valor Capitol to discuss why Florida has become the fastest- growing real estate market in the country.
With over 1,000 people moving to Florida each day, it is quickly becoming one of the fastest- growing states in the U.S. The state’s low tax rates are a major draw, especially from New York where residents face increasingly high state income taxes.
COVID-19 has also drastically changed buying behavior. Prolonged isolation is causing citizens of dense urban areas to seek more privacy, space, and safety. People’s desire not to be in the office and an increase in work-from-home businesses has also contributed to changes in consumer behavior.
“When COVID hit, all of a sudden Florida was put on the international map as one of the best places to live in and invest in. And the…