Luxury home sales scorch South Florida market. Are there enough mansions to go around?
Refugees from the usual Northeast cities aren’t the only buyers, brokers and analysts say. The tri-county region has become so attractive that it is drawing moneyed migrants from California, Chicago, Texas and even Wyoming.
From $1 million-plus homes to a $15 million penthouse overlooking Fort Lauderdale beach, high-end residences flew off the market in the first quarter of this year, raising questions of how much longer the supplies will last.
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