The latest figures for the Florida housing market show more new listings and slower sales in July. Both could indicate that Florida property is back on the path to normality.
Sarasota real estate reaches new records in May with sky-high prices and rock-bottom supply. Discover what this means for the potential homebuyer and the build-to-let investor.
Florida ranks as the tenth among the best US states in 2021, up three positions since the last US News survey. The state does particularly well on education, economy and fiscal stability. And according to Forbes, is the fifth best state for doing business this year.
A new survey ranks different types of Florida property as some of the best investments in US real estate markets in 2021. Metros such as Tampa, Orlando and Miami stand as some of the best markets overall while the Sunshine State also stands out for buy-to-let and build-to-rent opportunities.
Florida ranks, yet again, as the best place to retire in the US. Beating 49 other states in retirement rankings, the Sunshine State gets the best overall score and stands out for both affordability and quality of life. The latest confirmation of Florida’s prime position for retirees opens up interesting investment opportunities with strong potential.
The market for build-to-rent properties in the US has taken off this year in the light of strong demand for single-family homes in suburbia. Analysts point to multiple investment opportunities in a market with big interest from REITs and non-property investment funds as well as individual investors.
Latest figures for pending sales show that new builds in the US continue to boom. The 45.8% rise in the year to October is the highest since spring 2007. Housing starts have also risen along with permits in Southwest Florida, making this a prime market for investment in new single family homes.
In Q3, US house prices rose across the board with 65% of metros registering double-digit increases. Single-family home prices rose in every one of the 181 metros included in the NAR report as the market shows no signs of flagging in 2020.
The trend for staycations and search for new homes lead to busy winter for short-term lets in Florida. Rates look set to double in some areas predicted to see record levels of occupancy. According to new survey data, staycations are here to stay during 2021 as well.
A recent study reveals that the Sunshine State is an even bigger favourite for relocation after lockdown. The new trend is particularly visible among Americans from the Northwest and East with New Yorkers especially keen to move. The implications for Florida population are huge.
Builder confidence in the US reached an all-time high in October after a record September. This together with a surge in demand and the increase in single-family home starts and sales leads experts to believe the market has excellent potential in the short and medium term.
Discover why Florida takes 13 out of 25 spots in rankings for the best place to retire in the US 2020/21. And why Sarasota is the best of all.
Demand for new homes in Southwest Florida reached record levels recently on the back of pent-up demand, low supply and low interest rates. Analysts believe that this demand is set to continue as shifts in lifestyle favour customised housing with space for families.
Ever-rising property prices and lack of supply mean that more and more households in the US are renting instead of buying. As a result, demand for single-family rentals in the US rose sharply in Q2 2020 to reach an all-time high.
Data compiled recently from 2019 reveals that condo properties in the US appeal strongly to millennials and first-time buyers, to the extent that supply dropped to just 4 months at the end of the year. Prices continue to rise across the country with Florida one of the hotspots for investment in this type of property.
The long-awaited figures for the Florida property market in Q2 2020 show a mixed bag. On the one hand, median prices rose as did pending sales, but on the other, supply plummeted. The lack of available single-family homes leads experts to augur strong bidding wars over the next few months.