A Florida staycation turns out to be the best of all, particularly in the metro areas of Orlando and Tampa. Both rank in the top five destinations for the best stay-at-home vacation in the US.
Developers of new properties in Southwest Florida can expect a positive outlook for the rest of this year, says a market trends report for the region.
Latest nationwide and state data for the US property market points to a record first three months of the year. Sales reached their highest levels and house prices continued their upward trend. Increases went into double-digits in 30 metro areas including several key markets for property in Florida.
Tourism in Florida set yet another record in the first three months of the year. Records were also broken in key areas of the Sunshine State including Orlando, Tampa Bay and Bradenton.
The Tampa housing market ranks as the healthiest in the nation according to a recent report by Ten-X. The report also rates another Florida property market, Jacksonville, within the top five best performers for spring. Both metro areas combine strong growth in population and jobs, key to a strong market.
The US new home market is busy and builder confidence at its highest since 2005. New properties in Southwest Florida look set for a good 2017.
After a strong 2016, Florida dominates the fastest-growing cities in the US this year. Find out which metro areas perform best in all metrics.
US housing demand is already strong and a recent article by a leading analyst of the US property market expects it to soar. This pent-up demand will lead to even higher prices and buoyant sales. And the southern states such as Florida and Texas are set to benefit hugely.
2016 notched up yet another record year for Florida tourism with all figures showing significant increases. Find out more.
The Florida property market in 2016 posted high prices and low sales as demand outpaced supply. Analysts expect more of the same in 2017.
Yet another ranking of the best markets for US property investment places Florida in a privileged position. The Sunshine State takes four of the top five positions and a total of six in the best ten making Florida one of the hottest places to invest in the US this year.
Forecasting what is in store for the Florida property market in 2017 was one of the topics at the recent Florida Realtors Mid-Winter Business Meetings. Based on the findings at the meet-up, this news article lists the highlights and trends expected over the next year.
2016 looks set to go down as the best year since the crisis for the Florida property market. Prices continued to rise all round, sellers received more of their asking price and sales remained buoyant. Florida outpaced the US on all accounts with some metropolitan areas in the Sunshine State posting considerably higher figures.
The future looks very bright for Southwest Florida property this year. The economy in this corner of the Sunshine State is enjoying a boom and as a result, the property market is also seeing a surge in sales and prices.
Yet again, Florida dominates the Forbes list of the best property investment in 2017 with at least 26% house price growth expected by 2020.
Figures for new construction in the US surged in October to their highest level since 2007. However, despite the hike in housing starts, high demand for property continues. This in tandem with very low inventory levels means the US housing shortage looks likely to continue for at least another four years.
