Five Florida markets had a sharp decline in home sales faster than the rest of the country

Beautiful residential home in Florida – Courtesy: Shutterstock – Image by Mike Focus According to Redfin, over a recent four-week period, house sales in five Florida markets declined more quickly year over year than any other market in the country. Home sales are down 15.2 percent in Fort Lauderdale, 14 percent in Miami, 13.8 percent

Who is surpassing Florida cities for apartment rent growth?

Miami Beach, Florida: Colorful pastel green house apartment building for rent – Courtesy: Shutterstock – Image by Kristi Blokhin The majority of rent price increases last month were in college towns, energy industry towns, Midwest and Northeast cities, while rent growth in the Sunbelt, which skyrocketed during the epidemic, fell further victim to a large

Florida surpasses New York to take second place for most valuable housing market

New York City Housing Market – NYC Skyline with Statue of Liberty In View – Courtesy: Shutterstock – Image by shutterupeire According to a poll, Florida has surpassed New York to become the second-most valued property market in the country. Beginning in June 2022, residential property values in the Sunshine State increased by $160 billion,

First-time homebuyers in South Florida struggling to find affordable homes

Homes for Sale — Courtesy: Shutterstock — Andy Dean Photography The prices of South Florida homes are skyrocketing. South Florida realtors say they have never seen a market like this before, making first-time homebuyers’ chances of owning a home slim to none. Many have ended up renewing more expensive leases and some have even moved

‘Avatar’ & ‘Titanic’ producer selling $14 million Florida compound

‘Avatar’ producer Jon Landau is listing his Key Largo home for just under $14 million.Courtesy: SPACECRAFTING Legendary producer, Jon Landau, whose list of iconic films includes “Titanic,” “Avatar,” “Honey, I Shrunk the Kids” and “Dick Tracy,” to name a few, is selling his sprawling Florida compound.  The 6,050-square-foot house was built in 2001 and is

South Florida’s housing market is freezing out potential buyers who can’t compete with investors

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography In South Florida, home prices continue to surge. The housing market trend has left several homebuyers either unable to find properties or in an all-out bidding war. “I’ve been looking for a home for about two years, it has been a very difficult