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.
The US property market saw properties almost flying off the shelves last year according to new research from an online property portal . In 2017, homes took just 81 days to closure making it the fastest year for sales on record.
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.
In the year to February, US new home permits and sales went up, but not enough to keep up with pent-up demand in a challenging buyer’s market.
Read the latest statistics on the foreigners who buy Florida property – their preferred locations, what they buy and how much they spend.
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.
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.