Just Released: Analytics Miami 2025 Q4 Report & Forecast Themes of the week: Wealth Migration • 2025 Q4 Report & Forecast • New Interviews Wealth migration is the theme of the week, and will be the theme of the century. Global HNWI relocations reached record levels in 2025 and still increasing into 2026. Within the United States, a clear trend persists: high value tax payers are relocating and our feeder jurisdictions are predictably increasing their hostilities to capital. The net effects of California billionaire tax are obvious. Recall that Bezos moved to Miami when his home state proposed a wealth tax. He would have accounted for 45% of the theoretical revenue. Today I read that the Netherlands is likely to start taxing unrealized capital gains at 35%. One starts to wonder what these regimes may start doing to curtain inevitable exoduses. Wealth mobility is real. Miami's emergence as a destination for wealth is evident in the year-end and Q4 numbers.
September 2025 Miami Real Estate update: Fed rate cuts & Ana Bozovic on Fox News Live
Ana Bozovic appeared live on Fox News, on Varney & Co and The Big Money Show.
Remember: entrepreneurship flows towards the path of least resistance. Our feeder jurisdictions, such as NYC, will only increase their hostilities towards capital.
Mr. Mamdani is a prime example.
Wealth is increasingly mobile, and the top 1% of tax payers account for almost 50% of tax rev in high tax jurisdictions.
As Ana puts it in this video: you can only boil the frog for so long.
Download the full annual 2025 Q2 Miami Dade Real Estate Report & Forecast
The Fed Just Cut Rates – What Does This Means for Miami Real Estate?
The Federal Reserve cut rates by 25 basis points this week, with Powell signaling the possibility of two more cuts before year-end.
Implications for Miami:
- The net effect will be an increase in monetary flow into the market. More money, more participants.
- Importantly, Miami’s steep growth in median pricing, and the meteoric rise of super-luxury, happened in the face of elevated rates. Segments that soared under pressure will likely climb even higher as conditions ease.
- First-time buyers, however, will see little relief. Inventory of single-family homes under $500K remains more than 80% below pre-Covid levels. Lower rates will not add significant supply to our market, but will add more competition.
Big Picture: Market pricing is the aggregate of all the forces at play.
Market pricing is always the aggregate of forces at play. For South Florida, the driving force remains wealth migration, both domestic and global. Our region has become the path of least resistance for wealth, creation, and entrepreneurship. That trend is not reversing anytime soon.
Even with Powell acknowledging inflation concerns, the likely trajectory is continued rate cuts. That means more liquidity, more buyers, and more momentum flowing directly into Miami real estate. The math is clear.
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