A new “normal” has arrived; the shift to remote working has encouraged a prioritization of quality-of-life fundamentals. Accordingly, the lifestyle afforded by Florida’s inviting climate continues to attract residential buyers leaving the northeast, northwest, and west coast. In addition to individuals rethinking their daily routines, major corporations have begun a similar shift, primarily for economic reasons, with Palm Beach and West Palm Beach witnessing an influx of prominent financial institutions including Goldman Sachs, NewDay USA, Citadel, Elliot Management Corp., and Point72 Asset Management, further fueling South Florida’s absorption rates.
