In almost a dozen cities in Florida, home prices are declining

Florida Homes for Sale — Courtesy: Shutterstock — Andy Dean Photography According to the most recent data, purchasing a home is becoming more affordable in a number of Florida urban regions as inventory increases and demand declines, even though home prices are still growing nationwide. According to a recent National Association of Realtors (NAR) survey,

This massive builder is lowering prices because the Florida real estate market is so fragile

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography Homebuilders are starting the 2025 spring housing market more slowly than usual. The massive homebuilder KB Home, which is rated No. 545 on the Fortune 1000, informed investors that last month. Earlier in the month, the even larger homebuilder Lennar expressed a similar

The Impact of Eliminating Property Taxes on Florida’s Housing Market

Florida Housing Market – A home for sale in St. Augustine, Florida, USA. Photo: Paul Brennan/Shutterstock.com Some local governments are considering eliminating property taxes to ease financial pressures on homeowners. Florida Governor Ron DeSantis recently suggested on social media that he would be open to abolishing these taxes statewide, though he acknowledged that doing so

Florida’s west coast housing markets declining faster than the nation as a whole

Housing markets; Home for sale — Courtesy: Shutterstock — Andy Dean Photography As supply increases and demand declines, the home market in North Port, Florida, has cooled more than any other major U.S. metro, according to a Redfin analysis released on Tuesday. According to the report, there is less demand for properties along Florida’s Gulf

Florida’s housing market doesn’t match up with the rest of the U.S.

Florida Housing Market – Aerial View of Miami Beach, South Beach – Courtesy: Shutterstock – Image by Mia2you According to the most recent data from real estate services company Redfin, Florida is topping the nation in the increase of active housing market property listings. In cities like Cape Coral, the total supply of houses for

According to U-Haul, Florida and four other states saw the most moves in 2023 

U-Haul truck – Courtesy: Shutterstock – Image by Around the World Photos New data from equipment rental giant U-Haul shows that 2023 was another year where thousands of people moved across state lines. U-Haul publishes its Growth Index report for the preceding year every year. The business compares the net gain of U-Haul trucks leaving

Florida is currently the U.S.’s second-most valuable housing market, according to report

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography According to a Zillow survey, Florida has surpassed New York to become the second-most valuable U.S. housing market. Four Florida markets are among the top six where home prices have increased since the epidemic began: Tampa (+88.9%), Miami (+86.6%), Jacksonville (+82.4%), and Orlando

Florida residents leave the state as insurance rates soar by 900 percent

Insurance premiums – House in Florida – Courtesy: Shutterstock – Image by Mark Winfrey According to recent reports, Florida homeowners are considering selling their homes, canceling their insurance, and even leaving the state as a result of the state’s soaring insurance premium costs. The state has long been a popular vacation spot for many Americans,

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,