“Being represented by a top Broker in Miami’s dynamic real estate market is more important than ever”
Miami became one of the 10 wealthiest cities in the world. Navigating this exciting market can be a challenge if you are not well connected and have a power team behind you. Diego Arnaud, expert broker, and founder of DA Luxury Realty has guided his high-net-worth clients who have made sound investments resulting in robust profits for the past 15 years. With his deep understanding of the market dynamics, his spot-on vision and deep industry connections, he has placed DA Luxury Realty at the top of the boutique Real Estate Firms in South Florida.
With his background in law and executive education at Harvard University Graduate School of Design he combines his knowledge of the international financial system and his passion for South Florida, generating sophisticated real estate investment strategies for DA Luxury Realty’s clients.
“I continue to expect a bright future for Miami’s Real Estate Market”
We are truly a global city and Miami has been growing both organically and strategically. Due to its geographic position, Miami continues to be the gateway of the Americas; 122 Companies have been relocated and 2.3 trillion dollars of assets under management moved to the city in the last 30 months.
Key economic, political, and social factors continue to positively impact the market: climate and outdoor lifestyle keep attracting foreign and domestic buyers; The Latin American market has shifted to the left, meaning more flying out Capital to be injected with more buyers coming to invest and reside permanently and the US Tax Reform of 2017 has produced a catalytic moment for Miami where close to 1,100 people are moving daily to Florida.
Sales prices went up 50% from 2020 to 2021 and 15% up in 2022 with an absorption rate of 60 days. Due to high demand and low supply, there are over 47,000 residential units in the pipeline to be delivered by 2026 with the opportunity to get 10 times larger around downtown Miami without changing the zoning code.
“So, is Miami a recession proof Market?”
The tax benefits and the opportunity to experience a unique lifestyle, rich with top international events bringing millions of visitors to its vibrant culture are here to stay. Our diverse demographics provide a pool of alternatives for hiring employees. We are the #1 in wage growth and #2 city in tech growth and #1 America’s cleanest city for its good air quality, green spaces, and clean drinking water
Yes, we are excited for the future as our company continues to grow and provide the unique and extraordinary service our client’s demand.