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

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

Florida Ranked No. 1 for Foreign Home-Buying for 12th Straight Year

The Miami skyline and architecture at sunset. Image by MustangJoe from Pixabay Florida has ranked number one in most foreign buyers of private property in the entire United States for the 12th year in a row, according to Miami Agent Magazine. For us here in Florida and more specifically in Miami it comes as no

State-Backed Citizens Property Insurance Expects to Get 30,000 New Policies

Fountain pen and a property/liability claim form on a clipboard waiting to be completed, filled and signed by a policyholder or insured person. Photo and Caption: William Potter/Shutterstock.com Florida’s Citizens Property Insurance Corp. revealed they are expecting to have an increase of approximately 30,000 new policies in 2020. This is according to Citizens Insurance President