News and articles
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If you consider yourself an expat, then you understand that you can live and work anywhere in the world. However, some countries and regions offer far more advantages. E.g., in Asia, there are low wages and high demand, but low prices, while other European countries may be the opposite. Today, we suggest considering the sunny resort state of...
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Assumptions that the number of houses sold in Collier County in October will drop drastically after Hurricane Ian proved to be inaccurate, as closed and non-closed sales increased by 23.7% and 8.7% month-on-month respectively. Although 525 deals were canceled or outstanding, the total amount of real estate sold over the month surged by 72.7%, up to...
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Susan Rindley, South Florida Real Estate Agent and Expert, shared that buyers of upscale residences have been extremely careful over the past few months. But now that the US Senate elections are over, this segment is headed towards a new surge. Ms. Rindley specializes in waterfront estates and luxury condominiums in Palm Beach, Boca Raton, Fort...
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A new study shows that almost 25% of residential property buyers in the USA want to move from their current locations and many of them are considering Florida cities. The US housing market has cooled significantly in the second half of 2022, as high mortgage rates, inflation, and an economic downturn are scaring away potential buyers and sellers....
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In November 2022, several successive hurricanes wreaked havoc on the Florida coast, when some houses and even swimming pools were left hanging over the ocean, as waves washed out the ground under them. Dozens of single- and multi-family houses in Daytona Beach were deemed unsafe. This destruction raised many concerns, as people questioned what...
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Next year, the vacancy rate of trophy office premises in South Florida will drop below 5%, according to the forecasts by Tere Blanca, Founder, Chair, and Chief Executive Officer at Blanca Commercial Real Estate, Inc. He thinks the demand from companies moving to South Florida in combination with a limited supply of trophy office spaces will boost...
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The Government of the USA has increased its 2023 conforming loan limits to slightly over $1 million in some of the country’s highest-cost districts. Florida has not reached this threshold despite the record-high property prices in the current year. This week, the new loan limits introduced by the national Government were published on the website...
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A new report published by the Community Associations Institute revealed that 74.2 million Americans, or approximately 28% of the entire US population, are currently part of homeowners associations, condominiums, or housing co-ops. As of 2021, there were about 358,000 community associations in the country, almost 50,000 of them in Florida. The...
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If you are going to invest in Florida real estate, there are a number of important things to consider beforehand. As statistics show, in recent years, the sunny state has become the most popular among US citizens and foreign investors. This trend can easily be explained by the wonderful climate that more people can enjoy with the advent of remote...
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According to research data from Coldwell Banker, about every fourth foreign buyer (24% of them) prefer real estate in Florida. This state is No. 1 in the rating of housing markets most popular among nationals of other countries. California and Texas are in the second and third place with 11% and 8% of foreign buyers respectively. They are followed...
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