Property in the Sunshine State notched up another rise in February, the 98th monthly increase in a row. It was a particularly busy month for the Florida real estate market with both condos and single-family homes posting impressive sales figures and price rises. March too looked busy as new pending sales for all types of property registered double-digit increases.
Florida is one of the world’s favourite destination not only for travelling but also for investing in property. Here is an overview of the real estate market and economy in the state in Quarter 3 of 2019. The Florida Realtors’ latest report shows new positive figures. They stated that more closed sales, higher median prices, more pending sales and rising pending inventory during the third quarter of 2019. Also, during those three months, more than 78,750 single-family homes were sold across Flor
September’s figures for the Florida property market mark the 81st consecutive month of increases in sales and prices. Discover the full picture here.
Sarasota property ranked as the fastest growing luxury market in the US in May as northern buyers snap up homes at the high-end of the price spectrum.
The Florida property market in Q1 2018 repeated its 2017 trends with rising prices and falling inventory. Strong demand promises more of the same in Q2.
Florida property prices rose yet again in March when the state saw the 75th consecutive months of more expensive housing. Both single-family homes and condo properties rose in value against a background of fast-dwindling inventory.
After a busy 2017, it’s more of the same for the Florida property market in 2018 with February marking up the 74th consecutive month of median house price rises in the state.
The Sunshine State has long ranked among America’s favourite retirement destinations. A new report reveals five great places to retire in Florida for affordability and best healthcare access.
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.
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.
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.
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.