Luxury realtor reveals what's driving high-earner EXODUS to Florida

Premier Estate Properties senior luxury realtor Margit Brandt discusses the market and demand for the Palm Beach market and the ongoing influx of buyers from New York. 00:00 - Palm Beach median home price hits $15.4M 00:41 - Luxury homes selling in half the time 01:03 - High earners fleeing NY, CA, and WA 01:25 - Taxes, lifestyle, and safety driving Florida demand 01:52 - The rise of all-cash deals in the luxury market 02:22 - Anti-Semitism concerns in New York City Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness