Expert Realtor Ashley Cusack Says Miami Luxury Real Estate Is Still Hot in 2023

Expert Realtor Ashley Cusack: Miami Luxury Real Estate Is Still Hot in 2023

The Miami real estate market has been on fire because people and businesses from all over the country have been relocating to the city in staggering numbers since 2020. It continues to be a booming market because the fundamental reasons to choose a Miami relocation are still in place today. Top Realtor, Ashley Cusack, of Berkshire Hathaway HomeServices EWM Realty, is a recognized expert helping both buyers & sellers understand the dynamics of the market, specializing in Coral Gables, Coconut Grove, Miami Beach, Gables Estates, Pinecrest, South Miami, and Ponce Davis.

Cusack recently published a blog article entitled “Why Miami is Still Booming”. It presents a summary of a recent article in the Business Insider that presents a detailed analysis of how much high-income earners in New York, Chicago, and San Francisco would save monthly by moving to the Miami area “As realtors, we are always asked when this boom is going to abate and, while we have seen some slower times, such as the last quarter of 2022, it does not seem as though the market is going to drop off any time soon,” said Cusack.

As bustling metropolises such as New York, Chicago, and San Francisco continue to grapple with soaring costs of living, an increasing number of high-income earners are discovering the allure of Miami. This vibrant city, known for its stunning homes, sunny climate, beautiful beaches, and diverse cultural scene, offers a host of advantages that make it an appealing destination for those seeking a lower cost of living and a higher quality of life.

Miami's affordability is a compelling factor drawing high-income earners away from cities where the cost of living can be exorbitant. While New York and San Francisco are notorious for their high housing costs, Miami boasts a comparatively lower cost of living across the board. From housing to groceries and entertainment, residents can enjoy a more affordable lifestyle without sacrificing quality. Miami’s cost of living is 23% higher than the American average, which compares very favorably to New York's 137% and San Francisco's 83%.

Some of the other advantages that Miami offers compared to residents in New York, Chicago, and San Fransisco: Tax advantages | Real Estate Investment Opportunities | Life Style and Cultural Richness | Climate and Outdoor Recreation | Business and Entrepreneurial Opportunities

Find Out More At https://ashleycusack.com/ or call 305-798-8685