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
Real estate property in Florida – Courtesy: Shutterstock – Image by Kristi Blokhin According to a recent Redfin research, as unsold properties begin to accumulate in certain of the state’s markets, Florida is witnessing the largest amount of property acquisitions that fail. The Significance of It Most real estate analysts predict that as inventory increases
Residential Condominium in Surfside, FL – Courtesy: Shutterstock – Image by Blueee77 A new building safety law that was passed in the wake of the catastrophic Surfside collapse has left Florida condominium owners with crippling fines, and one politician is warning that this could lead to the “next wave of homeless people.” As a result,
Beautiful Residential Home in Florida – Courtesy: Shutterstock – Image by Mike Focus While home prices in the Northeast are still rising, real estate consultant Nick Gerli predicts that a spike in inventory in Florida and Texas will lead to sharp price drops in the two regions’ housing markets. Texas and Florida “dominos have fallen,”
Home for Sale in Florida — Courtesy: Shutterstock — Andy Dean Photography It looks that the Sunshine State of Florida’s COVID-19 epidemic real estate market is fading. According to Realtor.com®’s December 2024 Monthly Housing Report, a large number of homes were listed for longer than usual. According to the Realtor.com research, the average home was
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
Now hiring sign at McDonald’s location in Sunny Isles Beach, FL – Courtesy: Shutterstock by Kristi Blokhin The economy is trending downward in the most advantageous manner. The coastal Southeast and the Rockies are seeing significant economic growth, with an increase in the availability of well-paying jobs and reasonably priced homes. And with a burgeoning
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
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 population growth slows – Florida Welcomes You Sign – Courtesy: Shutterstock – Image by Sean Pavone As per the U.S. Census Bureau, Florida has gained immense popularity in the last few years and this trend continued in 2022. The agency reported in a report published in late November that although outmigration rates had decreased, the