As billionaires snap up Miami's waterfront, priced-out millionaires flock to Fort Lauderdale [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
CoStar Group, Inc. (CSGP)
Last costar group, inc. earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
Once notorious for its rowdy spring break scene, “Fort Liquordale” is now a haven for millionaires being priced out of Miami and Palm Beach — by billionaires. Fort Lauderdale is seeing a real estate boom, with home prices skyrocketing to record highs. Case in point: a mansion at 733 Middle River , complete with an AstroTurf-covered pool deck, is on the market for $47.9 million. It's repped by Rick Teed and Daniel Tzinker of The Agency Miami. That's a 60% increase from its purchase price just 16 months ago. Another local stunner is listed at $50 million, while a beachfront home that sold for a record $40 million last year is now up for grabs at $47.5 million. Teed is astonished by the market's transformation. “Believe me, I thought Fort Lauderdale wouldn't bring in these kinds of prices,” he told Bloomberg , which reported on this Fort Lauderdale migration trend. “I was just as surprised, but the market is changing.” Nestled between Miami's glitz and Palm Beach's glamour, Fo
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CSGP
News
- CoStar Group, Inc. (NASDAQ: CSGP) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $90.00 price target on the stock.MarketBeat
- A Gen Zer who moved from Boston to New York City says the higher cost of living is worth it for the better life experience [Business Insider]Business Insider
- A Myrtle Beach motel with a pool near the ocean is for sale. Here's the asking price [Yahoo! Finance]Yahoo! Finance
- Can CoStar Group, Inc. (NASDAQ:CSGP) Performance Keep Up Given Its Mixed Bag Of Fundamentals? [Yahoo! Finance]Yahoo! Finance
- How Hyatt Regency Orlando deal got $620M in financing in challenging lending market [Yahoo! Finance]Yahoo! Finance
CSGP
Earnings
- 7/23/24 - Beat
CSGP
Sec Filings
- 8/5/24 - Form 4
- 8/5/24 - Form 4
- 8/5/24 - Form 4
- CSGP's page on the SEC website