The Douglas Elliman | Knight Frank Wealth Report is here again for the 18th year, and there is some very special news about the Miami luxury and ultra-luxury market. In the 2024 report, we see that Miami has hit an unmistakable inflection point. Change is upon us and there is no going back. So where are we headed?
Out With The Old – Miami Has Changed
It used to be that mentions of Miami Beach conjured up thoughts of Cocaine Cowboys and wild Spring Breakers. This is no longer the case.
The Cocaine Cowboys days are now just a Netflix novelty and w hile the Spring Breakers are still interested...
Today is 305 Day. Miami’s official hype day. For those who are new to The 305, this is the unofficial Miami Day named after our signature area code. Miami actually became The 305 back in 1947 along with the rest of Florida, but over the years it became a Miami thing as population grew. Those were the days.
As Miamians we love finding reasons to celebrate, even if we are celebrating an area code. As proof, there are endless ways to celebrate 305 Day. Budget-friendly travelers can purchase flights from Miami International for $30.50. Axios Miami embraces things we love about our city (and things...
While the majority of the world’s luxury real estate markets are experiencing their first losses since the 2008 financial crisis, the Miami luxury real estate market surges ahead. According to a recent study undertaken by Knight Frank, Miami is the only city in the United States to experience any gains at all…
Knight Frank Residential, in partnership with Douglas Elliman, has released its 2023 Annual Wealth Report which includes some bright news for the Miami market in the post-pandemic era…
The Fed has steadily raise interest rates, inflation has hit an all-time high, FTX bombed the already struggling crypto market big time, and a new Presidential race is beginning to simmer in the wings. Will Miami’s luxury market crash, or…