BrokerageIndustry News

Snowbirds are flying down to buy

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Editor's note: This article is reposted with permission by The Real Deal. View the original article. By ALEXANDER BRITELL It's that time of year again, when the temperature falls and the northern snowbirds come down South to roost. Brokers say they're seeing increased movement in the snowbird sector early on in the season, especially from Canadian buyers, with the season already a few weeks under way. "We're certainly seeing increased activity, with more buyers coming through," said Bill Yahn, the Corcoran Group's regional senior vice president for South Florida. "It's manifesting itself in all the markets we serve." While snowbirds -- Northerners who have second homes or long-term vacations in Florida for the winter -- tend to look for homes in a fairly broad range of prices, right now it's the higher end that's seeing the most interest. The snowbird season typically lasts from the end of October through the beginni...