Areas in the Sunshine State that are at risk for home price decline

Beautiful blue home in Florida – Courtesy: Shutterstock – Image by Mark Winfrey Four Florida regions are among the top five markets, according to CoreLogic, a business that analyzes property data, where there is a chance of a drop in home prices in the coming 12 months. CoreLogic identified the regions they feel are most

High inflation in DeSantis’s Florida

Man viewing receipts in supermarket and tracking prices during inflation – Courtesy: Shutterstock – Image by Denys Kurbatov Ron DeSantis, governor of Florida and candidate for the Republican presidential nomination, believes that his state ought to serve as an example for the rest of the country. Add an asterisk for inflation. According to the most

The Sunshine State is officially America’s inflation hotspot

Rising inflations costs in FL: South Florida shoreline – Courtesy: Shutterstock – Image by pisaphotography Florida, where housing costs are consistently out of control, is currently the inflation hotspot in the United States. With a 9 percent inflation rate for the year that ended in April, the Miami-Fort Lauderdale-West Palm Beach region has the highest

Florida cities with the most costly real estate

Real estate property for sale in St. Augustine, Florida, USA. Photo: Paul Brennan/Shutterstock.com One of the most significant purchases you can make is a house. Homeownership is a valuable asset that can increase in value significantly and serves as more than just a place to live. But with property prices hitting historic highs, purchasers must

Homeowner insurance rates in Florida are four times higher than the national average. That is not likely to improve any time soon.

Property Insurance Market – Courtesy: Shutterstock – Image by Alexander Raths On Thursday, the hurricane season officially begins. However, no matter how many storms Florida experiences this year, individuals there are already having difficulty finding homeowner’s insurance. In Florida, there is hardly any presence of national insurers. More than half of the market in the

Orlando is one of seven Florida cities that potentially face a housing crisis

Homes in Celebration District, Orlando, FL. – Courtesy: Shutterstock – Image by Box Lab Florida is a popular tourist destination in the United States due to its warm weather, sandy beaches, and attractions. However, with rising mortgage rates driving up property costs, some locals may contemplate relocating.  GOBankingRates published a report on the state’s housing

Opposite of the national trend, South Florida is still considered to be in a ‘seller’s market’

South Florida – Miami Skyline – Courtesy: Shutterstock – Image by Don Donelson According to a survey released on Tuesday by the Miami Association of Realtors, Miami’s real estate market is bucking the national slowdown thanks to cash purchasers, a shortage of available properties, and its appeal to foreign buyers. In Miami-Dade County, pending house

Bombshell in Florida real estate could destroy several wallets

Florida Real Estate – Area of Surfside Building Collapse, Surfside, FL – Courtesy: Shutterstock — Kristi Blokhin In response to the fatal collapse of the 12-story Champlain Towers South in Surfside, Florida, Governor Ron DeSantis signed legislation requiring emergency reserve funds for condominiums statewide in May of last year. Some real estate market experts have

Here’s why this coastal Florida city is one of the best places in the United States to relocate

Naples, FL – Courtesy: Shutterstock – Image by Andriy Blokhin Naples has long been a favorite destination for tourists and second-home purchasers looking for a lively, amiable setting to unwind in the Sunshine State. This Gulf of Mexico city is well-known for its heavenly white-sand beaches and top-notch golf courses, but it is also quickly

According to study, Florida residents must work this many hours per week to afford housing

Neighborhood in Florida with Palm Trees – Courtesy: Shutterstock – Image by scarp577 A recent study provides some insight into how unaffordable the Sunshine State actually is as rent in Florida continues to rise rapidly. In its “Out of Reach” report, the National Low Income Housing Coalition (NLIHC) breaks down how many hours a person