Hot off the presses! Miami Dade SFH 2024 report preview

I made the table after downloading and processing newly released 2023 interstate census data. Source: https://www.census.gov/newsroom/press-releases/2024/state-to-state-migration-flows.html The pattern is very clear. High tax, blue states are losing population due to interstate migration. And as I keep saying, I do not see this reversing. I do not see a sudden net flow into high tax states. The political leanings of the state seem to be correlated to the tax levels. My study was picked up twice by the Daily Mail. https://www.dailymail.co.uk/news/article-14055047/US-map-fastest-growing-states-census-population.html https://www.dailymail.co.uk/yourmoney/article-14198061/florida-arizona-cities-baby-boomers-travel-packs.html The pattern is very clear. As the country reshapes around 21st century realities and shift in economic focus continues, high tax states are clearly losing population.

Legacy media has dug its own grave. Completely false headline again, accompanied by a very poorly written story. The arrogance with which legacy media lies and creates poorly written, politically motivated hit pieces is breath taking. And this is my second time refuting a Newsweek article. I had previously debunked a Newsweek article in July, 2024.

Trump won the election, what does that mean for South Florida & Miami real estate? Journalist Brian Bandel asked me that question the day after the election. And this is what I told the South Florida Business Journal: “Given the team that he has assembled, most notably Elon Musk, I believe that a Trump presidency will be aligned with entrepreneurs and creators,” Bozovic said. “Since South Florida is attracting tax payers and creators, our housing market will be further super charged by an administration that fosters entrepreneurship.” And I stand by every word of that. Furthermore, I feel that a subconscious pause has been lifted in the aftermath of the election. The next wave forward is about to commence. And note: I am compiling October numbers. As per my thesis, the SFH market continues to hit all time highs. End user product within proximity of the urban core is a strong play.