Traffic Jam – Courtesy: Image by pixaoppa from Pixabay Florida is about to get a lot more traffic… According to a new report from the Demographic Estimating Conference, Florida should braces itself for a significant uptick in new residents. The report said the population is expected to increase by an average of around 303,000 residents
Beautiful living area in the Keys (a popular destination for snowbirds) Courtesy: Shutterstock – Photo By travelview While this year has undoubtedly been the least traveled year since the inception of commercial flight (probably), there has been a boom in the real estate market in the Sunshine State, one that many never expected. Along with the
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,
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
Courtesy: Sparton Corporation website Sparton Corporation, a leading defense supplier for the U.S. Navy and defense industry, announced via press release that it would be relocating its corporate headquarters from Schaumburg, IL to De Leon Springs, FL. The defense supplier specializes in “pure-play” defense supplies and complex maritime electronic mechanical systems: namely the development of
A home for sale in St. Augustine, Florida, USA. Photo: Paul Brennan/Shutterstock.com Housing prices aren’t expected to drop significantly during the COVID-19 pandemic. The group Florida Realtors says that’s because builders have been cautious since the last recession. They’ve built fewer homes, and Florida has a statewide shortage. Florida Realtors’ Chief Economist Brad O’Connor says
Aerial view of Fort Lauderdale, Las Olas Isles, Florida, USA. Photo: Zhukova Valentyna/Shutterstock.com It is currently unknown how COVID-19 will affect Florida real estate industry since we are still in the thick of the pandemic, but many lenders, homeowners, renters and landlords think this might have a long-lasting negative effect on their business and lives.
Florida house values are on the rise, but how does our real estate market compare nationwide?
There’s been talk that the U.S. housing market is headed for a recession, but new data is showing there might be very little to fear.
New data released by Florida Realtors revealed that the Sunshine State’s housing market saw an increase in median prices and inventory during the second quarter of 2019.