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.
Traditionally, the spring season is the busiest for property in Florida, but would this year's stay-at-home recommendations in April change things? Two studies for early spring show they haven't and online searches for homes have soared. Among the most sought-after areas in the US were several Florida metros with enquiries for Jacksonville the third highest in the country.
They say there’s nothing like a crisis to make people rethink their lives and the Covid-19 pandemic has done just that. For thousands of people, being shut at home has led to dreams of warmer, sunnier climates and a better lifestyle. Just like the one Floridians enjoy in the Sunshine State. As a result, property enquiries are on the rise and the Florida population looks set to surge.
New figures show an increase on property value. In fact, home values have increased by 4.64% from 2018 in the same period. The forecast for home values in the US shows and increase of 2.2% over the next year. However Florida’s forecast is even more positive showing an increase of 4.09% over the next year.
US rental apartments reach their highest occupancy in Q3 since 2011 and 3 Florida metros feature in the top 10 best rental markets. Discover all the details
Discover which Florida metros make the top listings for the 10 best places to own US investment property. Read on to find out more.
International property purchasers continue to choose Florida real estate as their favourite location in the US. Find out who is buying what in Florida.
September’s figures for the Florida property market mark the 81st consecutive month of increases in sales and prices. Discover the full picture here.
When it comes to the best places to invest in US real estate in 2019 Florida metros ranks among the highest in the country. Read on to discover why.
Florida metros are favourites for relocation during Q3 2018. Find out which are the most appealing to homeowners on the move.
Florida is still the favourite for US property investment for foreigners. A recent report on international purchases reveals who is buying where.