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
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,
Florida Home – Courtesy: Shutterstock – Image by Mark Winfrey Florida’s real estate market has had a distinct vantage point since COVID-19, with homes throughout the Sunshine State remaining popular during the coronavirus pandemic and continuing in the post-COVID real estate scene. Florida homes are still greatly desired, with much fewer homes for sale than
Couple Enjoying Retirement On the Beach – Courtesy: Shutterstock — Daniel Myjones A U.S. News report shows that Florida cities were very well-represented in U.S. News’ 2021 Best Places to Retire list. Warm weather, crystalline beaches, and low tax rates have attracted retirees to join Florida’s coast over the past few years, and it’s proven
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
Aerial view of Fort Lauderdale, Las Olas Isles, Florida, USA. Photo: Zhukova Valentyna/Shutterstock.com It is currently unknown how COVID-19 will affect Florida real estate industry since we are still in the thick of the pandemic, but many lenders, homeowners, renters and landlords think this might have a long-lasting negative effect on their business and lives.
There’s been talk that the U.S. housing market is headed for a recession, but new data is showing there might be very little to fear.
An annual survey from the National Association of Industrial and Office Parks has once again ranked Florida in the top five states for all commercial real estate development.
A new report from the National Association of Realtors has revealed that foreign investment in U.S. residential real estate is on the decline – and Florida is feeling it.