During January’s Mastermind Meeting in Miami, the group gave their prognosis as to what to expect for the upcoming year. The group agreed that the local market – which has seen the wealthiest investors both domestic and abroad – was in the midst of a slowdown. Profits, sales and even the population has gone up since the market crashed, but incomes haven’t, especially in South Florida. But that doesn’t mean the city isn’t as profitable. As Jeremy Larkin of NAI Miami put it, the investors, who were only interested in million dollar deals, are leaving; now the city is seeing substantial investment from multi-million-and-billionaires who are migrating into the community.
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