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.
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.
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.
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.
The Florida property market in 2016 posted high prices and low sales as demand outpaced supply. Analysts expect more of the same in 2017.
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.