News and articles
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Mortgage loan rates are dropping but financial performance follows a concerning downward trend by the amount of real estate sales and general interest on the buyers’ side. Data from several analytics firms also demonstrates that the growth of housing prices in Florida was the greatest nationwide, while this state’s performance was among the worst...
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While the rent grew across all of South Florida, the central part of West Palm Beach is one of the areas with the sharpest surge of rates. Experts believe that this trend will remain unchanged in the nearest future. Burt Minkoff, Real Estate Agent and Senior Director of Luxury Sales at Douglas Elliman in Palm Beach, says that the rent in the...
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Jeff Brandes, a former Florida Senator who submitted a petition urging the legislators to assemble this spring to improve the problematic property insurance market in the state, is calling for reforms in anticipation of another special meeting at the end of the current month devoted to this matter. Mr. Brandes, who represented a part of Pinellas...
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Florida residents can now apply to participate in a program called My Safe Florida Home, an initiative worth $150 million that is aimed at helping people reinforce their properties against natural disasters. In May, the state legislature adopted a large-scale bill on property insurance reform that reanimated the program. All homeowners living in...
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The first 3D-printed house in Tampa, Florida was listed for sale at a price of $599,300. On Friday, a startup called Click, Print, Home signed a partnership agreement with Compass Florida, a broker firm, to list this three-bedroom and two-bathroom property at 7509 S Shamrock Road. A statement from Matt Gibson, Co-Founder and President at Click,...
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According to a recent report from the Miami Association of Realtors, German citizens demonstrated the greatest interest in Miami real estate in October 2022, as evidenced by the search query statistics. Germany’s growing interest in Miami properties may result from the havoc wreaked by Hurricane Ian in Southwest Florida and the fact that German...
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Buyers of foreign real estate should bear in mind that annual insurance will be added as a significant expense for maintaining your property. Home insurance is the second most popular type of insurance in the United States, right after car insurance. Content: Aspects of real estate insurance in the USA Features of home insurance in...
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The National Association of Realtors has recently held its annual conference in Orlando. Tony Veldkamp, President, Realtor Association of Sarasota and Manatee in 2022, welcomed 8,500 members at this event. The five-day conference featured meetings on management, educational opportunities, and networking. For Mr. Veldkamp, the favorite part was the...
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The year 2021 set new records for South Florida real estate but over the last eight months of 2022, the market slowed down, as evidenced by the smaller number of closed sales. Buyers are facing the growing interest rates and not competing with each other as much as they used to, while closing the deal takes longer. The question is, how serious the...
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The climate continues to change, which affects the international real estate market in all respects, from price growth to reduced popularity of certain regions. The examples are numerous, from torrential rains that caused mass floods and landslides in the Netherlands, Australia, and Florida to ravaging forest fires and draughts in Greece and...
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