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COVID, Taxes Lure Upscale Homebuyers to Florida s $70MM Serena by the Sea
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Prolonged isolation due to COVID-19 is creating a growing desire among those living in dense urban areas to seek living spaces that provide more privacy, space, and safety leading to a sharp increase in demand for properties. This trend is especially being felt in southern parts of the country where lower costs of living and tax rates are additional incentives, says Valor Capital Real Estate Development, whose most recent project is catering to the “new mass exodus”.
CLEARWATER, Fla. (PRWEB) February 22, 2021
Two surveys from home listing provider Redfin, found that of their more than 1 million users, 27% searched for homes outside densely populated urban areas between April and May of 2020, the highest since they had begun recording migration data. This shift is being driven by several ongoing factors, the most recent being the pandemic, which eliminated many benefits of wor