With the property market in full recovery, not all metro areas are good for US buy-to-let property. Others, on the other hand, tick all the boxes
US foreclosure properties, once a huge market burden, now stand at their lowest rate for over 11 years. Many metros have rates last seen in 2005
US rentals are on the move as almost two-thirds of tenants plan to relocate. Sunbelt states such as Florida and Texas are top favourites.
It’s the question on every property investor’s lips. And the latest Market Hotness Index from Realtor.com provides the answer. The listing for August shows continued heating up of the US property market and includes some surprises.
Latest figures for homeownership in the US point to a slight increase in the rate in Q2 this year. More millennials bought homes between April and June, pushing the homeownership rate up in this group. Traditionally the strongest sector in the US rental market, they are about to be joined by Generation Z, a whole new target for rental properties.
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.
Two studies reveal that the US rental market requires a massive injection of properties over the next two decades to meet burgeoning demand. Based on current trends, the US needs 4.6 million more apartment units by 2030 to satisfy demand from rental households.
Southwest Florida currently represents one of the best places in the US for young entrepreneurs. The region bags six of the top ten places in the national ranking. The findings highlight the excellent opportunities in Southwest Florida generally and for the property market in the area specifically.
Florida property market moves up yet another notch and registered its 66th consecutive month of price hikes in May. On the back of strong employment prospects, Florida continues to attract buyers in droves.
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.
