News and articles
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The state of Florida occupies a large namesake peninsula in the southeast of the USA. The distance between the state capital of Tallahassee in the north of the peninsula and the most famous Florida metropolis of Miami in the south is almost 800 kilometres. How do Floridians move around in cities and between them? How is public transport on the...
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A huge number of residents from other US states, especially Democrat-led ones, continue to move to Florida in general and Miami in particular. This caused an unprecedented boom in the real estate market that still hasn’t stopped. Marc Roberts, Founder of E11EVEN Club in Miami, notes that the city shows no signs of slowing down in the real estate...
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A series of laws that Florida Realtors believes to be extremely beneficial for the local real estate market were adopted at the recently terminated meeting of the state’s Legislature. One of the most important novelties was Bill 102 stipulating comprehensive support of affordable housing. $811 million, a historical high in the state’s history,...
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In accordance with the development rules in Miami-Dade County, construction companies must create drainage systems preventing stormwater from flooding the neighbouring buildings. The contemporary construction standards ensure safety of residents of new homes, such as a planned residential complex with 177 units in Biscayne Shores, a community in...
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Before you buy property in Florida, you need to learn about the pros and cons of living in the state’s various cities and see which one is best for families with children. Content: Florida’s advantages and disadvantages for relocation Top Florida cities for families with children 1. Melbourne: good schools and a low crime rate 2. Sarasota:...
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South Florida, which was previously considered exclusively a vacation destination, has lately turned into a global financial and economic hub. The number of new residents in three largest counties of the region, namely Miami-Dade, Palm Beach, and Broward, grew the most over 2022, which boosted the demand for housing. According to ISG World, the...
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According to Florida realtors, in Q1 2023, there were more active home sales announcements on the housing market than a year ago. This indicates that potential buyers today have a fairly large selection of real estate. The average sale price of single-family properties in the state in March 2023 was $405,000, which is 2.1% more than in 2022,...
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Palm Coast in Florida, located between St. Augustine and Daytona Beach, is called the “pearl of the state” in real estate. Experts note that the highest income can be obtained from renting out inexpensive houses on the embankment. Sunny beaches of Florida, picturesque islands, crystal clear springs and cozy towns have always attracted vacationers...
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Mortgage rates fell to 6.39% from 6.43% this week. This can be seen as a small incentive for property buyers. At the same time, a year ago the rate was, on average, 5.27%. The average rate declined for five weeks in a row before rising during the last two weeks of April this year. For potential home buyers, this trend is favorable. The average...
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According to experts, an elite estate in Palm Harbor on the coast of the Florida Keys, which served as an exotic "backdrop" for filming advertising campaigns of famous fashion brands, was sold for $23 million. This became a record for the sale of real estate. The estate was put up for sale in March 2022. The house has a total area of 697 m2, four...
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