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Fortune

Sydney Lake

Ryan Serhant says the American city isn't dying—wealth is 'multiplying,' and buyers are flocking to Ohio, Alabama, and the Carolinas

Ryan Serhant Ohio Ala. ) New York United States

(Credit: Getty Images—Shane Anthony Sinclair/Getty Images for SXSW London)

While Florida, California, and New York continue to undeniably be hot spots for wealth, one real estate CEO says there are more markets to watch out for.

Ryan Serhant, CEO of his namesake firm and Owning Manhattan star, said high-net-worth clients continue to buy in the historically wealthy and luxury-oriented cities—but they’re also seeking secondary homes in unexpected markets.

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