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.
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.