‘Dominoes’ in the Florida and Texas housing markets have fallen, according to a real estate analyst

Beautiful Residential Home in Florida – Courtesy: Shutterstock – Image by Mike Focus While home prices in the Northeast are still rising, real estate consultant Nick Gerli predicts that a spike in inventory in Florida and Texas will lead to sharp price drops in the two regions’ housing markets. Texas and Florida “dominos have fallen,”

Two main causes for the abundance of homes in the Florida real estate market

Home for Sale in Florida — Courtesy: Shutterstock — Andy Dean Photography It looks that the Sunshine State of Florida’s COVID-19 epidemic real estate market is fading. According to Realtor.com®’s December 2024 Monthly Housing Report, a large number of homes were listed for longer than usual. According to the Realtor.com research, the average home was

Due to people relocating from neighboring states, Florida’s population now exceeds 23 million for the first time

Population growth – Image: Driving on South Florida highway – Courtesy: Shutterstock – Image by Julian Prizont-Cado According to state demographic projections, this year’s migration wave from neighboring states caused Florida’s population to surpass 23 million inhabitants for the first time. According to estimates provided earlier this month by the state Demographic Estimating Conference, Florida

Florida’s west coast housing markets declining faster than the nation as a whole

Housing markets; Home for sale — Courtesy: Shutterstock — Andy Dean Photography As supply increases and demand declines, the home market in North Port, Florida, has cooled more than any other major U.S. metro, according to a Redfin analysis released on Tuesday. According to the report, there is less demand for properties along Florida’s Gulf

Which Florida city is regarded as the greatest place to live in the U.S.? How do other places compare?

Naples, Florida — Courtesy: Shutterstock — Sean Pavone The city that recently won the title of greatest place to live in the United States is located in the Sunshine State. This news coincides with U.S. News & World study’s Tuesday announcement that Naples, Florida, which is located on the Gulf of Mexico, is the best

Thirteen cities have increased hiring; Texas and Florida lead the way, while the coasts are dwindling

Now hiring sign at McDonald’s location in Sunny Isles Beach, FL – Courtesy: Shutterstock by Kristi Blokhin The economy is trending downward in the most advantageous manner. The coastal Southeast and the Rockies are seeing significant economic growth, with an increase in the availability of well-paying jobs and reasonably priced homes. And with a burgeoning

Florida’s housing market doesn’t match up with the rest of the U.S.

Florida Housing Market – Aerial View of Miami Beach, South Beach – Courtesy: Shutterstock – Image by Mia2you According to the most recent data from real estate services company Redfin, Florida is topping the nation in the increase of active housing market property listings. In cities like Cape Coral, the total supply of houses for

Almost 500K residents have departed Florida. How far did they go?

City of Miami Beach, Florida Aerial Perspective — Courtesy: Shutterstock — Image by: Cascade Creatives Over a million people moved to Florida from all over the world in 2022, marking a significant increase in immigration from other states and nations. However, the U.S. Census Bureau reports that around 500,000 residents of the state departed for

According to U-Haul, Florida and four other states saw the most moves in 2023 

U-Haul truck – Courtesy: Shutterstock – Image by Around the World Photos New data from equipment rental giant U-Haul shows that 2023 was another year where thousands of people moved across state lines. U-Haul publishes its Growth Index report for the preceding year every year. The business compares the net gain of U-Haul trucks leaving

There will be a new Disney planned community, but it won’t be in Florida or California

Celebration Town in Kissimmee area near Disney – Courtesy: Shutterstock – Image by VIAVAL TOURS Though it’s not quite near the theme parks, Disney has designed a new residential community that residents can join if they want to live the Disney way year-round. The latest step in Storyliving by Disney, an initiative aimed at creating