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,

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

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