Florida property entered its 51st consecutive month of price rises in February with increases in the price tags for both single family homes and townhouse-condo properties across the state. Sales prices are also gradually reaching a par with asking prices, proving that the market remains very much in the hands of sellers. This BRIC Group news piece provides the details.
Florida tourism continues to break its own records. After a hugely successful year in 2014, the state smashed all previous highs in 2015. Last year, Florida received 105 million tourists and tourism indicators across the board registered their best ever. Florida airports also posted record results. And the good news is that, as this latest BRIC Group article explains, more of the same is expected in 2016.
More households are choosing to rent US properties in the suburbs than city centres across the nation as a whole. In addition, the renter population continues to grow and outpace the supply of properties available to rent. These latest figures confirm the potential behind buy-to-let property in the US as this BRIC Group news article explains.
Florida property dominates the 20 best places to invest this year according to the Forbes 2016 Best Buy Cities. The economic recovery, strong population and job growth, and prices still below value all bring Florida to the top of the 2016 US property investment list. Here, BRIC Group details why Forbes believes the Sunshine State represents excellent investment value and where the Florida property hotspots are.
The Florida economy experienced an excellent 2015 and all predictions point to a very sunny year over the next 12 months. As this BRIC Group news article reports, economic growth and job creation in tandem with a recovered property market and increased wealth mean residents in Florida will have plenty to celebrate in 2016.
Southwest Florida is experiencing a boom on all fronts – thousands of jobs are being created, tourists are flocking to the area and property prices are seeing double-digit rises. Analysts point to an excellent 2016 for this part of Florida, as this latest BRIC Group news article explains.
2016 looks set to be a key year for Tampa property after a big increase in interest from both American and foreign buyers. Reasons behind Tampa’s rising popularity include more direct flights, better prices for property and the area’s high standard of living. This latest news article from BRIC Group explains why the spotlight is currently shining on property in Tampa.
US rental properties are a top priority for baby boomers who now represent a significant proportion of those renting rather than buying. As this BRIC Group news article reports, this has big implications for the market generally and reinforces the potential for buy-to-let investment in US property.
The Houston property market enjoyed record years in 2014 and 2015, both for sales and prices. As far as 2016 goes, experts predict more of the same but at a lower level, a situation leading to a healthy market. In this article, BRIC Group summarises what to expect if you’re buying property in Houston this year.
A recent opinion poll finds that Florida is the state most Americans would like to live in. The Sunshine State tops the survey across almost all generations and two Florida cities also make the nation’s top 10 preferred cities.
A recent nationwide survey finds that rental demand for US property is set to continue. Pressure from new demographics and a changing economic scenario mean that the supply of rental properties in the US will remain well below demand.
“It’s a good time to be a landlord,” Florida Realtors news sector announced recently in an article explaining how rental properties in the US offer excellent long-term investment. The short-term return might not be as high as quick sales of US property but buy-to-let investment does secure long-term wealth.
Investors looking at the US property market next year can expect a virtual repetition of this year’s figures. In a nutshell, 2016 will see more high sales and price rises along with continued increases in rental rates and low vacancy levels within the rental market.
Globally, house prices are not moving much, but key destinations are attracting big property investment and registering double-digit price rises. Continued uncertainty over the Chinese economy means overseas property markets in North America and Australia are likely to remain safe bets in the near future.
As well as its year-round sunshine, theme parks and long beaches, Florida is famous for its favourable business climate. In this year’s ranking, the Sunshine State rises from fifth to fourth position to become one of the top five best proving that the Florida Business Climate stands out among the rest.
