Candace Friis, Broker Associate with The Corcoran Group’s Delray Beach office, agrees that the Palm Beach market is strong, stating the area has edged out other markets like Miami, where it’s been slower thanks to a stronger US dollar and Miami’s dependence on foreign investment. With a healthy inventory available, Ms. Friis says now is a great time to buy in Florida. “When looking to purchase a home in South Florida, buyers from NYC and The Hamptons are looking for a home and location that allows them to enjoy and ideal tropical lifestyle be it on the ocean, the Intracoastal or just near shops and fine dining; each dream is different” Ms. Friis shares. “New York residents are seeking a getaway in a warm tropical climate reminiscent of the Caribbean yet with all of the conveniences of still being in the U.S.”
