News and articles
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Over the first two-thirds of 2022, sales of real estate in southeast parts of Florida were booming, although without huge deals characteristic for 2021. Apartment complexes were particularly popular among investors, and these properties also accounted for the largest transactions. Paige Rausch at Aslan Realty Advisors notes that eight largest...
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Many Americans grew restless under the influence of the pandemic. Entire families relocate in search of larger living quarters or lower cost of living. In 2022, this trend continued, as hundreds of thousands of people moved to other states. The analysis of census data by the National Association of Realtors shows that some regions benefited more...
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Florida is one of the most famous states in the United States of America. Third in the country for its population density, this sunny state is known not only for its warm climate and hurricanes but also for real estate records. Real estate prices in Florida have been on the rise for years, making investing in this area a lucrative business....
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A postmodern mansion painted in vibrant colors was recently listed for sale in Sarasota, Florida. The building features an inimitable style and is considered to be an architectural monument. The architect Don Chappell bought the land plot in 1983 and started building a home for his family, meticulously designing every detail, but died shortly...
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A record-breaking growth of rent on all types of non-residential properties occurs in Palm Beach, Florida. Throughout the fourth quarter of 2022, the vacancy rate of retail space remained at approximately 3.5%. The continuing population growth and an influx of tourists will ensure that the 56,600 square meters of space currently under development...
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The vacancy rate of retail space in Broward County, Florida, has been reducing for eight consecutive quarters. As a result, the asking rent per square foot in this region soared to $26.84, which has become a new record. In the fourth quarter of the previous year, only 4% of rental space was available for new tenants, which is 0.7% less than in the...
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Despite the changing market circumstances, residents of many US states still prefer to move to the sunny Florida, as evidenced by the recently published statistics from JK Moving Services, the country’s largest independent provider of loading, transportation, and storage services. In 2022, the most popular destinations for relocation were Florida...
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A fresh report by the real estate brokerage Redfin shows that the housing market of the USA in general and Florida in particular is beginning to recover after poor performance of the second week of November. The sales of residential properties are already up, and in some markets, including Central Florida, Seattle (Washington), and Richmond...
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The rents on all property types in South Florida reached record highs in the fourth quarter of the previous year, while the vacancy rate dwindled to a minimum. Developers are involved in active construction to satisfy the growing demand. The excessive demand and shortage of available space were particularly rampant in Miami-Dade County. Tentative...
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Villa Paradiso is situated in the city of Vero Beach 120 km north of Palm Beach. This beautiful place on the ocean coast currently attracts super-rich buyers, causing the prices to skyrocket. The previous house value record was set in Vero Beach in 2021, when an oceanfront estate sold for $27 million. The off-plan Villa Paradiso, which is...
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