Luxury home buyers are changing their wish lists after the pandemic. Some items are rising from the bottom of the list to the top.
The biggest trend? More buyers are shopping for single-family homes, said Hillary Hertzberg, sales-associate of the Jills Zeder Group. All residential sales dropped for Miami-Dade and Broward counties in April 2020, but the number of transactions for single-family homes still outpaced that of condos for both communities, according to the Miami Realtors Association April 2020 report. More square footage and outdoor space are drawing buyers to single-family homes, Hertzberg said.
The activity may lead to long-term preferences.