Residential Investing Skyrockets
Redfin reveals dazzling numbers on South Florida
Investors are increasingly seeing South Florida real estate as the ultimate, eventual piggy bank. According to Redfin, the second quarter of 2021, compared to the same quarter in 2020, saw stunning buying sprees in all three counties, with Fort Lauderdale sales up by about 183%, Miami up 91% and West Palm Beach up 53%. Miami led by raw sales, with 2,640 homes purchased.