A new report reveals the best places for US vacation rentals. Resorts in Florida dominate the top ten for returns on holiday lets in the US.
The market for Florida property is already hot, but a recent report reveals that the influx in the region of buyers from the baby boomer generation looks likely to rise the temperature even higher. This latest BRIC Group article explains why.
The latest Chief Executive magazine survey places Texas and Florida at the top of the best states for doing business in the US. This is the 12th year in a row that the two states take the accolade, and the survey finds that Florida – currently in second place – is closing the gap on Texas as this BRIC Group news article explains.
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.
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.
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.
The Florida city of Jacksonville has become one of the employment hotspots not only in the Sunshine State but in the US as a whole. Creating thousands of new jobs, particularly in the technological sectors and attracting multinationals, the city is also registering some of the highest increases in prices for property in Florida.
Yet again, Florida ranks among the best states to do business in the US according to the annual Chief Executive magazine survey. Florida came second in the nationwide ranking and stands poised to take the top spot from Texas to become the best place in the US to do business.
The Florida property market continued to show solid and sustainable growth in March, a month that notched up the state’s 40th consecutive rise in median houses prices. Closed sales also boomed while inventory levels dropped nearly 10 per cent.
A recent survey among retirees and pre-retirees in the US finds that the baby boomer generation is a force to be reckoned with. It also pinpoints Florida as a preferred retirement destination. These conclusions underline the investment potential in properties in Florida catering for this sector of the population.
The two states of Texas and Florida dominate the Forbes Where to invest in 2015 list with Houston and Orlando property featuring in the top five. The two cities stand out for their high population growth, strong job creation and undervalued property prices. As a result, Houston and Orlando are “safe bets to invest”, for both first-time buyers and buy-to-let investors.
November foreclosure statistics return Florida to the country’s number one position, although year-on-year activity has dropped markedly. Mortgage default figures also point to a decrease in a market where obtaining a mortgage for property in Florida remains a challenge.
The latest polls on consumer confidence and the affordability of property in Florida show mixed results. With the improvements in economic conditions Floridians are spending more, but the widening gap between wages and house prices moves homeownership further out of reach making property rental the most affordable option.
Figures for the Florida property market in October show yet another rise in sales of single family homes and condos, and average selling prices. Based on the latest statistics, analysts believe the housing market is moving in the right direction with many local agents claiming that now is the time to buy.
It’s Florida’s largest city and one of the fastest growing in the southeast region of the US. With a booming employment market and low inflation, Jacksonville currently shines as one of Florida’s economic beacons. In turn, this buoyancy is boosting the Jacksonville property market, expected to expand considerably over the next few years.
Recently-released figures show that the Florida property market has got off to an excellent start this spring. The combination of higher average prices and more new listings in April confirm the upward trend in the housing market.
