News and articles
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Florida is one of the most popular US states where foreigners like to relocate to permanently, and are also interested in buying real estate as an investment. Purchasing a foreign home raises many questions, the answers to which we will attempt to answer below. Content: Can Foreign Nationals Buy a Property in Florida? Why Choose Florida for...
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According to Cushman & Wakefield (USA), $5 billion was invested in South Florida multi-family houses over the first half of the current year. This is the second best performance throughout the state’s history, second only to the second half of the previous year, when $5.7 billion was invested. The rental demand in South Florida is showing...
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Florida homeowners will pay higher bills as the state’s property insurance crisis continues. Several insurance companies have already left the local market despite the special legislative session aimed at satisfying the needs of entrepreneurs and homeowners. Now Sunshine State residents are footing the bills for the companies leaving Florida. In...
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Over the past year, the demand for upscale real estate near Sarasota surged rapidly. In 2022, however, the consumer demand somewhat slumped. According to some experts, upscale properties all over the state are taking longer to sell and receiving fewer offers than last year. “We are now observing market normalization,” says Peter Laughlin,...
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The value of residential property in Florida has surged rapidly over the past few years. Some of the reasons were high rent, inflation, insurance companies leaving the local market, and the property insurance crisis. Mark Rosener, President of the Northeast Florida Association of Realtors, declares that the situation may become better in the...
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Empira Group, a Swiss developer, entered the South Florida real estate market. According to its press release, the development company intends to build the 8-story CoralGrove Brickell building on a half-acre plot at 3025 and 3051 Southwest Third Avenue. To this end, it purchased The Roads, a multi-family residential complex, for $9 million...
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According to a study by WalletHub, a Washington online platform, Port St. Lucie became one of the best places in which to purchase residential property this year. The city ranked 15th in the rating. The Best Real Estate Markets rating compared 300 cities by a 100-point score taking into account 17 economic and real estate factors, including...
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Although Central Florida needs to build numerous apartment blocks to satisfy the growing demand for housing, the final project approval with the authorities takes a lot of time. Developers are concerned about this problem. Some state leaders are trying to solve the problem of growing rentals with controversial methods. Developers and many local...
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Florida projects at the initial construction stage: se-lecting the most promising investment options
According to American researchers, several Florida cities are on the list of best US cities for real estate investment in 2022. These include Spring Hills near Tampa, Le-high Acres near Fort Myers, and Palm Bay, Brevard County, on the Atlantic Coast. Analysts have studied the key data on real estate investment to determine the state’s best cities....
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Rob Field has a pretty good idea of a home he would like to buy in Orlando. The single 63-year-old man is looking for a two-bedroom, two-bathroom apartment with wooden floors and a modern kitchen. Rob started searching for a suitable option a year ago but as a financial planning expert he realized that it was virtually impossible to close a...
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