Florida Gables Estates Named Priciest US Neighborhood Amid Celebrity Migration
Florida Gables Estates Named Priciest US Neighborhood Amid Celebrity Migration

Florida Gables Estates Named Priciest US Neighborhood Amid Celebrity Migration

News summary

Luxury real estate markets in the U.S. are seeing distinct regional trends, with Sacramento-area homes standing out for their unique architectural designs and natural settings, such as the Sierra foothills ranch and a mid-century modern residence in Fair Oaks. In Florida, the gated community of Gables Estates in Miami has overtaken Beverly Hills as the nation's priciest neighborhood, featuring massive Spanish colonial homes with private beachfront access and multi-million dollar listings, driven in part by migration from wealthy individuals seeking tax advantages. Similarly, Port Royal in Naples, Florida, has emerged as a top luxury hotspot, with record-breaking sales for waterfront megamansions and a community designed as an exclusive sanctuary with historical charm and custom-built estates. Meanwhile, Fayetteville, Arkansas, near Walmart's headquarters, leads the nation in new-home construction affordability and availability, offering buyers value in a thriving economy supported by major retail infrastructure. These diverse luxury and growth markets illustrate how high-end real estate trends vary across the country, influenced by local culture, economy, and lifestyle preferences.

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