The icy wind and snow may be making life miserable for northern New Yorkers and Midwesterners, but one group is cheering—Florida real estate brokers.
Brokers say cold weather usually leads wealthy buyers and preretirees to visit Florida more often or to stay longer. That leads to more real estate viewing, which leads to more sales.
In Miami, sales were flat in the first half of 2014 compared to 2013, but average sale prices were up 10 percent, according to the Douglas Elliman real estate brokerage.
Brokers said this winter is shaping up to be stronger, given the calls and emails and showings they're already booking.
"The more time the snowbirds and the snowflakes spend in Florida, the more they buy," said Senada Adzem, a broker with Douglas Elliman in Boca Raton. "It's very simple. They decide to spend an extra month, or two weeks or even two months, in many occasions, and they realize 'you know what, we want a bit of a better lifestyle. We want a bigger home. We want to go from a dry lot to a beautiful waterfront property,' and they end up buying."