Category: Florida
I’m A Real Estate Agent: My Predictions for the Florida Housing Market Over the Next 5 Years – GOBankingRates
©iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Reviewed by Experts Trusted by Millions of Readers No one can know what the future holds, particularly for the state of Florida. The southeastern coastal state is constantly in flux, going through booms…
Read MoreI’m A Real Estate Agent: My Predictions for the Florida Housing Market Over the Next 5 Years – Yahoo Finance
©iStock.com No one can know what the future holds, particularly for the state of Florida. The southeastern coastal state is constantly in flux, going through booms and busts in terms of real estate based on politics, climate change, cost of living changes and population demographics. “Florida’s growth in wealth and population, as well as in home prices, will continue not for five years but for decades,” predicted Julio Ybanez of Florida Extraordinary Condos. “Those who think they have missed the train or [are] losing future appreciation by not purchasing real…
Read More$75 Million Penthouse Hits the Market in Miami – Cuba Headlines
An impressive, luxury penthouse is now available for purchase at Rivage Bal Harbour for a staggering $75 million, making it one of the priciest properties in Miami. Rivage Bal Harbour is an exclusive, oceanfront condominium complex comprising 54 units. It is managed by Related Group, Two Roads Development, and Rockpoint. Miami Profile noted that this is one of the first projects in the neighborhood in the past two decades. The penthouse features 5 bedrooms, 7 bathrooms, and 3 powder rooms, spread across a total of 17,521 square feet. Among its…
Read MoreFlorida Housing Market Warning Issued by Man Who Predicted 2008 Crash – Newsweek
The U.S. housing market will remain widely unaffordable, despite growing inventory and dwindling home sales, according to housing analyst Bill McBride, as mortgage rates remain high and insurance premiums skyrocket across the country. In one state in particular, Florida, this has been painfully clear, as a recent surge in inventory has not stopped the rise in home prices in the state. Read more: How to Calculate How Much House You Can Afford McBride, who accurately predicted the 2008 housing crash on his Calculated Risk blog around two years before it…
Read MoreHousing Market to Take Turn for Buyers – Newsweek
Home prices in the U.S. are set to stay flat over the coming months amid elevated mortgage rates, a real estate expert said, a development that could make it better for buyers looking to acquire homes in a market that has struggled with expensive homes for years. Read more: How to Calculate How Much House You Can Afford During the pandemic, lower mortgage rates sparked a rush in homebuying that escalated demand for properties that in turn contributed to a jump in prices. But soaring inflation forced the Federal Reserve…
Read MoreThese 5 Florida cities rank among the worst to buy a home in the next 5 years: report – FOX 35 Orlando
State of real estate: A seller’s market Local Real Estate Agent Janay Thomas stops by The Late News to update us on the current state of central Florida’s real estate. She breaks down the seller’s market, where most people are moving, and what you can do to prepare yourself to purchase a home. Florida attracts millions of tourists each year, often for its pleasant weather, sandy beaches and entertainment, but some real estate agents say while it is an appealing place to live, you should reconsider buying a home or…
Read MoreReinsurance picture improves for Florida | Florida Trend Real Estate – Florida Trend
Reinsurance picture improves for Florida As Florida gets ready to enter the thick of hurricane season, property insurers have seen improvements in the market for reinsurance — critical backup coverage that helps drive how much homeowners pay in premiums. Now, it’s a waiting game as forecasters expect a busy, and potentially costly, season. [Source: News Service of Florida] Colombia accounts for most web searches of South Florida real estate House hunters from Colombia made the most international web searches for South Florida real estate in May, closely followed by Germany…
Read MoreReport: Tallahassee MSA Real Estate Transactions Down, Prices Up – tallahasseereports.com
The Florida Realtors May 2024 report on single-family sales activity shows that the May number of sales in Florida was relatively flat with 26,252 transactions, down 0.5% when compared to May 2023. Year-to Date (YTD) numbers show that single – family sales transactions were down 0.9% five months into 2024 when compared to last year. On the pricing front, the May median sales price was $426,581, up 1.6% when compared to one year ago. The YTD numbers show a median sales price of $420,990, up 3.9%. The report shows that…
Read MoreI’m a Real Estate Agent: These 5 Florida Cities Are Becoming Unaffordable – GOBankingRates
Art Wager / iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Reviewed by Experts Trusted by Millions of Readers People are flocking to the ‘Sunshine State,’ driving up the price of real estate in many popular towns. Once a relatively affordable…
Read More5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate Agents – GOBankingRates
©iStock.com Commitment to Our Readers GOBankingRates’ editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services – our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology. 20 YearsHelping You Live Richer Reviewed by Experts Trusted by Millions of Readers Spanning hundreds of miles along the Atlantic Ocean and the Gulf of Mexico, you’ll find some of Florida’s world-famous beaches that welcome over 140 million…
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