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,

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

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

Victims of the Surfside condo collapse may receive almost $1bn in settlement

Surfside Building Collapse Site – Courtesy: Shutterstock – Image by Felix Mizioznikov A tentative, nearly $1bn settlement has finally been reached in a class-action lawsuit brought together by the devastated families of survivors and victims of last June’s condominium collapse in Surfside, Florida, an attorney announced on Wednesday. Harley S. Tropin disclosed the $997m settlement

Wealthy Russians continue to buy properties in Florida

Sunny Isles Beach Russians — Courtesy: Shutterstock — B Cruz Sunny Isles, Florida, has been an escape for Russia’s rich and elite. In Sunny Isles Beach, also known as “Little Moscow” and “Moscow by the Sea,” real estate experts say wealthy Russians are putting down major money towards empty condos.   “They love to be here,

How South Florida may be impacted by Russian sanctions

Vladimir Putin at Russian Conference — Courtesy: Shutterstock — Sasa Dzambic Photography After several weeks of growing tensions, nearly 200,000 Russian troops assembled at Ukraine’s border and began a broad military offensive, with world leaders warning that this series of attacks could lead to one of the biggest conflicts Europe has seen since World War

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

How to make the most of a South Florida vacation this winter season

Carbone — Traditional Italian Fare South Florida Restaurant — Photos by Giovanny Gutierrez/Chat Chow TV South Florida is loved for many reasons, beginning with the fact that vacationing here can be as toes-in-the-sand or sophisticated as you’d like. From Palm Beach and Fort Lauderdale to Miami and the Florida Keys, we have all that’s new

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