Latest statistics reveal that Florida property prices went up yet again in October. This latest monthly rise is the 59th in a row showing the market continues to forge a full recovery.
A new report reveals the best places for US vacation rentals. Resorts in Florida dominate the top ten for returns on holiday lets in the US.
With Florida motoring ahead of the US economy, it’s obvious that the Sunshine State has left the recession well behind. And within Florida, the Tampa-St Petersburg-Clearwater MSA stands out for exceptionally positive figures. As a result, the Tampa Bay property market hasn’t had it so good for years.
A recent opinion poll finds that Florida is the state most Americans would like to live in. The Sunshine State tops the survey across almost all generations and two Florida cities also make the nation’s top 10 preferred cities.
Property in Jacksonville in Florida has been ranked by JWD Group as the best in the US for investment this year. The city’s combination of advantageous price-to-rent ratios, a strong economy and good potential for property appreciation takes it to the top of the list for best investments.
A favourite with relocators, retirees and holiday makers, property in Florida continues to offer some of the best rental returns in the US. Latest data from RealtyTrac pinpoints several locations in Florida as top for rental returns, safe havens for rental investment and perfect for the baby boomer market.
The two states of Texas and Florida dominate the Forbes Where to invest in 2015 list with Houston and Orlando property featuring in the top five. The two cities stand out for their high population growth, strong job creation and undervalued property prices. As a result, Houston and Orlando are “safe bets to invest”, for both first-time buyers and buy-to-let investors.
The latest polls on consumer confidence and the affordability of property in Florida show mixed results. With the improvements in economic conditions Floridians are spending more, but the widening gap between wages and house prices moves homeownership further out of reach making property rental the most affordable option.
September figures for property in Florida show a steadily-growing market with some of the best all-round investment potential in the US, both for rental returns and capital growth. Stability and consistent growth now characterise the Florida property market, two qualities that feature on any investment potential lists.