Florida’s Real Estate Woes—How soaring homeowner insurance costs may affect buyers market

Courtesy: Shutterstock – Image by alphaspirit.it Just when it seemed like the Florida housing market was in a promising sweet spot for prospective buyers, insurance executives have reason to believe the property insurance market is casting a large shadow that may draw homeowners elsewhere. The COVID-19 pandemic created a single-home and condo buying surge in

Looking to Buy a House in Florida? Here are some Must-Read Tips before you do

Courtesy: Shutterstock – Image by Andy Dean Photography The Florida housing market is as hot as it’s ever been in recent years, and because of that, property values are up, and so are moving rates into the state. While the market certainly helps Florida’s allure, the main reason people want to live in Florida is

Miami’s upcoming Waldorf Astoria property will soon be the Tallest Residential building south of Manhattan

Courtesy: ArX Solutions/ Waldorf Astoria Website Step aside, New York; there will soon be a new big building city on the East Coast. Florida isn’t necessarily known for tall, glamorous residential or commercial buildings. As it stands, the tallest building in Florida is the Panorama Tower in the Brickell area of downtown Miami. The 85-story

Best counties in Florida to buy a new Vacation Home in 2021

Florida Real Estate depiction in the sand – Courtesy: Shutterstock – Image by StacieStauffSmith Photos In 2020, worlds collided in the financial sphere, and Florida saw a record number of home purchases and sales. While finances became tighter for many across the country due to the pandemic and job loss, others who were able to

$11 Million Private Island sale in Marathon marks largest of its kind in the Florida Keys

Courtesy: Andre van Rensburg/ Ocean Sotheby’s International Realty It’s no surprise that Florida has been a hot market during the pandemic for real estate.  Hundreds of new families are moving to the Sunshine State every day in search of prime real estate due to a variety of reasons. The shift to work from home demands

Digging up the history of Miami’s exclusive Fisher Island

Fisher Island – Courtesy: Shutterstock – Image by FloridaStock A few months ago, we covered a Bloomberg Wealth Report highlighting the country’s wealthiest zip codes. Coming in at number one on that list was the historic private barrier island of Fisher Island off Miami Beach.  With an estimated average resident income of $2.2 million in

St. Johns County welcomes Florida’s first Buc-ee’s convenience store, the first of many to come in the state

Texas convenience store giant touted as the world’s largest convenience store opens first location in St. Johns County, Florida – Courtesy: Shutterstock – Image by  stock_photo_world The first Buc-ee’s convenience and fueling station in Florida officially opened this week in St. Johns County. For those who are unaware of or have ever heard of Buc-ee’s,

$300 Million Supersonic Private Jet Company Breaks HQ ground in Melbourne

Aerion Park Rendering – Courtesy: Aerion website. Aerion, the supersonic private aircraft company, has officially landed in Florida, breaking ground for its new global headquarters in Melbourne. Here, the company plans on producing the world’s first business class jet to break the sound barrier—faster than the speed of sound.  “We are building the future of

Miami-based Real Estate giant to keep main leadership position within the family

Courtesy: Image by skeeze from Pixabay The Related Group, a Miami-based real estate agency established in 1979, announced that Jon Paul Pérez will be the company’s new president. Jorge Pérez, the former president of the company, is passing down the head position to his son but is still retaining his position as chairman and CEO,

Florida single-family housing boom: What’s driving it?

Courtesy: Shutterstock. Image by: Andrey_Popov Amid a worldwide pandemic and a struggling economy, Florida real estate is witnessing a single-family housing boom in some of the state’s most unprecedented times. According to market data from Florida Realtors, single-family home sales surged 8.8% in August when compared to the same time last year in 2019. For