Real estate inventory plummets in South Florida, but the luxury markets are hotter than ever

Econ & Housing

This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town.Robert StevensThe supply of luxury homes and condos in South Florida isn’t merely tight. It’s worse than that.”This isn’t just a decline in inventory,” said Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting firm that tracks…

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