Investco Realty, LLC

https://www.foxbusiness.com/technology/tech-titan-flees-san-francisco-for-florida-saying-city-is-poorly-managed

Tech titan flees San Francisco for Florida, says city is poorly managed Tech titan Keith Rabois announced this week he is leaving California's Silicon Valley and moving to the Floridian metropolis of Miami.

https://www.foxbusiness.com/economy/existing-home-sales-soar-september

Existing-home sales soar 9.4% in September, fourth consecutive month of growth U.S. home sales are through the roof, according September numbers presented by the National Association of Realtors (NAR).

https://www.miamiherald.com/news/business/real-estate-news/article244933672.html

Goodbye, Big Apple. Billionaire Carl Icahn relocates headquarters to the Miami area. Carl Icahn signed an office lease at Milton Tower in Sunny Isles Beach in 2019.

https://therealdeal.com/miami/2020/06/09/condo-sales-volume-surges-in-first-week-of-june/?utm_source=Sailthru&utm_medium=email&utm_campaign=South%20Florida%20Daily%20%7C%2006.10.20&utm_term=South%20Florida%20Daily

https://therealdeal.com/miami/2020/02/25/south-florida-residential-sales-soar-in-january/?utm_source=Sailthru&utm_medium=email&utm_campaign=South%20Florida%20Daily%20%7C%2002.26.20&utm_term=South%20Florida%20Daily

South Florida residential sales soar in January Home sales jumped throughout South Florida in January, largely driven by mid-market and luxury sales. Median home prices also continued to rise in the tri-county region, according to the Miami Association of Realtors. The strong figures reflect a similar positive trend in December, following a we

https://therealdeal.com/miami/2020/01/23/south-florida-residential-sales-jump-in-december/?utm_source=internal&utm_medium=widget&utm_campaign=feature_posts&fbclid=IwAR1pdAGFzgVrjtDxKJj3bAr996hSPgeCMM3r5cJacHU43lyk2xk8kzQ02rc

South Florida residential sales jump in December Home sales rose throughout South Florida in December, with sales volume reaching $3.32 billion for the month. Median home prices also continued to increase in the tri-county region, according to the Miami Association of Realtors. The strong figures followed a weak November, in which residential s

https://therealdeal.com/miami/2019/12/27/miami-condo-sales-surge-before-holidays/?utm_source=Sailthru&utm_medium=email&utm_campaign=South%20Florida%20Daily%20%7C%2012.28.19&utm_term=South%20Florida%20Daily

Miami condo sales surge before holidays Buyers appear to have been rushing to close on their purchases of Miami condos before the holidays. A total of 158 condos sold for $82.7 million last week, compared to 103 units that sold for a combined $41 million the previous week. Condos last week sold for an average price of about $524,000 or

https://therealdeal.com/miami/2019/12/09/miami-condo-sales-experience-bump-during-art-basel/?utm_source=Sailthru&utm_medium=email&utm_campaign=South%20Florida%20Daily%20%7C%2012.10.19&utm_term=South%20Florida%20Daily

Miami condo sales experience bump during Art Basel  As deals for expensive artworks closed, so did those for luxury condos. A total of 116 condos sold for $49 million last week during Miami Art Week, compared to 74 units that sold for a combined $30 million the previous week. Condos last week sold for an average price of about $422,000 or $29

https://youtu.be/PnSwc055V6Q

https://www.cnbc.com/2019/10/01/real-estate-is-still-the-best-investment-you-can-make-today-millionaires-say.html

Real estate is still the best investment you can make today, millionaires say—here's why

Miami is #1
https://therealdeal.com/miami/2019/08/28/south-florida-by-the-numbers-were-no-1/

South Florida by the numbers: We’re No. 1 “South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. As we approach the start of football season, it’s only natural to get excited about the thought of sitting in a crowded stadium as our team dominates on the field, with...

https://www.wsj.com/articles/bahamas-resort-business-booms-as-neighboring-destinations-struggle-11566903600

Bahamas Resort Business Booms, as Neighboring Destinations Struggle While a number of Caribbean destinations struggle, resorts in the Bahamas are bouncing back from a tough period, attracting vacationers, gamblers and sun worshipers.

https://www.foxbusiness.com/economy/financial-firms-tax-billionaire-florida

Financial firms fleeing high-tax northeast for billionaire-packed Florida county Firms were mainly relocating from New York, Boston and Greenwich, Connecticut.

https://nypost.com/2019/07/21/wealthy-new-yorkers-are-ditching-citys-high-taxes-for-miami/

Wealthy New Yorkers are ditching city’s high taxes for Miami Call it fight and flight. Affluent New Yorkers, financially distressed by recent changes to the nation’s tax laws, are bucking the Big Apple’s high costs and heading for an economic paradise — Flor…

https://therealdeal.com/miami/2019/05/23/tax-driven-migration-to-south-florida-wont-end-soon-panel/

Tax-driven migration to South Florida won’t end soon: panel Migration to South Florida from New York and other high-tax states is a long-term trend in its early stages, according to a group of experts. “To use a tired baseball analogy, everybody asks: What inning are we in? I would say we’re still driving up to the ballpark. This [migration] is just gett...

https://spectrumlocalnews.com/nys/central-ny/news/2019/04/30/new-yorkers-moving-to-florida-more-than-any-other-state--census-says?cid=share_fb&fbclid=IwAR1OqXR0e-XBYdnXLQzyNzBXyg8pFwpQtaPFreMkCjs-A9fPgKO4cuTRSZI

New Yorkers Moving to Florida More than Any Other State, Census Says More than 60,000 New Yorkers left in one year's time.

https://therealdeal.com/miami/2019/04/23/miami-condo-sales-surged-in-march-resi-sales-fell-elsewhere-in-south-florida/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=dcc188b66e-SF_WEEKEND_12_3_164_3_2016_COPY_01&utm_medium=email&utm_term=0_6e806bb87a-dcc188b66e-385832489

Miami condo sales surged in March. Resi sales fell elsewhere in South Florida Miami’s condo market stood out in March -- not for oversupply but for a boost in sales. Residential sales throughout the tri-county South Florida region reported declines last month, with the exception of Miami’s condo market. Prices generally kept rising, but price growth slowed down compared t...

Investco Realty, LLC updated their business hours.

https://therealdeal.com/miami/2019/02/05/wealthy-buyers-increasingly-ditch-their-high-tax-states-for-florida/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=c4ea8e8218-SF_WEEKEND_12_3_164_3_2016_COPY_01&utm_medium=email&utm_term=0_6e806bb87a-c4ea8e8218-385832489

Wealthy buyers increasingly ditch their high-tax states for Florida As top earners flee their high-tax states for low-tax states like Florida, public officials like New York Gov. Andrew Cuomo are sounding the alarm. Cuomo said the new federal tax law, which caps the deduction for state and local taxes to $10,000, is the reason for a $2.3 billion state shortfall,

https://therealdeal.com/miami/2019/02/05/wealthy-buyers-increasingly-ditch-their-high-tax-states-for-florida/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=e068c4640c-SF_WEEKEND_12_3_164_3_2016_COPY_01&utm_medium=email&utm_term=0_6e806bb87a-e068c4640c-385832489

Wealthy buyers increasingly ditch their high-tax states for Florida As top earners flee their high-tax states for low-tax states like Florida, public officials like New York Gov. Andrew Cuomo are sounding the alarm. Cuomo said the new federal tax law, which caps the deduction for state and local taxes to $10,000, is the reason for a $2.3 billion state shortfall,

https://therealdeal.com/miami/2019/01/09/one-of-south-floridas-largest-resorts-just-hit-the-market-asking-as-much-as-1b/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=e8dc26179b-SF_WEEKEND_12_3_164_3_2016_COPY_01&utm_medium=email&utm_term=0_6e806bb87a-e8dc26179b-385832489

One of South Florida’s largest resorts just hit the market, asking as much as $1B Brookfield Asset Management is looking to sell the Diplomat Beach Resort in Hollywood, the largest resort in Broward County and the second-largest in South Florida after the Fontainebleau Miami Beach. And the asking price is reportedly as much as $1 billion, or $1 million per key. Brookfield subs

https://therealdeal.us2.list-manage.com/track/click?u=c32fc989ef61b37f60bb3f9ab&id=603908e0f4&e=b939882b3d

Northern exposure

https://therealdeal.com/miami/2018/07/19/south-florida-condo-sales-surge-in-q2-elliman-reports/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=7a7db09d5d-SF_WEEKEND_12_3_164_3_2016_COPY_01&utm_medium=email&utm_term=0_6e806bb87a-7a7db09d5d-385832489

South Florida condo sales surge in Q2: Elliman reports South Florida’s condo markets posted strong gains in the second quarter as single-family home sales continue recovering, according to the second quarter Elliman reports released on Thursday. Fort Lauderdale’s condo market, in particular, showed significant improvement. Condo sales jumped 32.4 pe...

Investco Realty represents the seller with the sale of one of Miami's premier penthouses at Ten Museum Park. We congratulate all parties involved.

Investco Realty sells another condo at Ten Museum Park. We wish all parties great success going forward.

Investco Realty sells at the magnificent Continuum. Investco Realty sold the direct oceanfront condo in a record breaking 1 day. Sometimes the buyer knows when it's right. We wish all parties much success going forward.

https://www.wsj.com/articles/new-tax-laws-have-home-buyers-checking-new-places-1528295467

New Tax Laws Have Home Buyers Checking New Places The new cap on deductions for taxes, including on property, have people looking for deals outside high-tax states.

W Fort Lauderdale

Just Listed Live the W Fort Lauderdale life. Enjoy the W pool, Bliss Spa, Steak 954, Fitness Center. 2 bedroom, 2 full bath Condo completely renovated with new furniture. North facing, with views of the Atlantic Ocean and intracoastal.

https://www.cnbc.com/2018/04/26/800000-people-are-about-to-flee-new-york-california-because-of-taxes.html

800,000 people are about to flee New York and California because of taxes, say economists Some academics who have studied taxes and migration call the forecast "pure nonsense."

https://therealdeal.com/2018/04/06/wealthy-cities-are-attracting-wealthier-new-residents/?utm_source=The+Real+Deal+E-Lerts&utm_campaign=8ab996d14d-SF_WEEKEND_12_3_164_3_2016&utm_medium=email&utm_term=0_6e806bb87a-8ab996d14d-385832489

Wealthy cities like LA, Miami and New York are attracting wealthier new residents Pricey American cities are starting to attract more residents who can afford those prices. Research from economist Issi Romem has found that new re