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

Last year, even more people relocated to Florida– Here’s where they moved from

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

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,

Lionel Messi purchases a $10.8 million South Florida mansion

Lionel Messi & family waving on field after match — Courtesy: Shutterstock — Fabideciria Soccer star Lionel Messi and his wife Antonela Roccuzzo recently paid $10.8 million in an off-market sale for a beachfront home in Fort Lauderdale, Florida. The Real Deal first reported on the deal. The gated neighborhood of Bay Colony is home

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

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

Disney declares the start of construction on Florida’s affordable housing

Disney Affordable Housing Plan (Not pictured) – Construction on new affordable housing project — Courtesy: Shutterstock — Image by: 1599686sv On Wednesday, Walt Disney World announced that construction on a proposed affordable housing development in Central Florida would begin the next year. On 80 acres of land, “a few miles away” from the Magic Kingdom

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