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Exponential Increases in Sales of Ultra-High-End Properties Highlight Berkshire Hathaway HomeServices EWM Realty's Market Study

Share this article MIAMI, April 19, 2021 /PRNewswire/ -- ย South Floridas overall housing market is experiencing generational growth, led by epic increases in the ultra-high-end market of homes and condos exceeding $10 million, according to data from Insight, a new study released by Berkshire Hathaway HomeServices (BHHS) EWM Realty.ย  The increase in sales is dramatic across all price points, but in the $10 million and over market, Q1 2021 had a 980% increase in the number of sales of these tro...
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How Climate Change Impacts South Florida Residential

(Photo illustration by The Real Deal) Real estate is famously all about location. And in Florida, climate change is expected to put some of the toniest locations underwater over the coming decades โ€” either permanently or during storm-driven flooding. Insurers are taking notice and hiking rates accordingly. Developers and homebuyers, however, seem oblivious to the threat. Floridaโ€™s geography makes it vulnerable to storms from both the Atlantic and the Gulf, where warmer water is increasing t...
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