News and articles
-
Many tenants are still deceived by fraudsters who rent houses that they do not even own. Isaac Aviles thought he’d found a bargain to rent a house in Orlando: a three-bedroom house with two bathrooms in Meadow Woods for $1,200 a month. 19-year-old Aviles did not meet with the landlord, the transaction was made over the phone. He made a deposit of...
Read more -
Housing prices in Orlando fell for the first time in six months in July, and inventories rose again as a survey revealed that nearly three out of four Central Florida estate agents believe the market is cooling. According to the monthly housing report of the Orlando Regional Association of Realtors (ORRA), the average housing price in the Orlando...
Read more -
Research shows that rent control is a short-term solution that creates long-term problems. Florida Realtors filed a lawsuit against Orange County to block the offer. Florida needs more rental units in many cities. The problem was caused by a number of factors, including the large influx of new residents during the pandemic and the rising cost of...
Read more -
The Fixr Home Design Report 2022 surveyed 47 house designers, with 98% citing natural lighting as their preferred home feature, followed by home offices (96%) and usable open spaces (92%). Experts believe that natural lighting coincided with homeowners' desire for more energy-efficient thermal insulation (86%) and air conditioning systems (75%)...
Read more -
Instead of buying a house on wheels and renting land, the Zephyrhills developer rents both at the same price - about $1,750 a month for a three bedroom and two bathrooms. Florida continues to experience an affordable housing crisis, and ERC Communities Inc. believes modular homes can solve the problem. According to ERC Communities, modular homes...
Read more -
Research: Jacksonville rents rose by only 3.6% year on year in July, but by 17.8% in three South Florida counties. Across the country, rents rose by 13.5 per cent year on year. According to a Redfin report, the "asking rent" of US landlords rose by 14% year on year to $2,032 in July, which is the smallest annual increase since November and lower...
Read more -
Many buyers of American real estate saw high returns from 2019 to 2021. Those who invested in residential properties in ten cities featured in a rating by Redfin, four of them in Florida, achieved the most impressive performance. Buyers’ returns grew by 6.8% nationwide, hovering around 17% in these cities. Boise, Idaho, was at the top of the list....
Read more -
Trinsic Residential Group may build a residential project near the 4-star Westin Fort Lauderdale Hotel. On August 9, the city’s Development Review Committee will consider the plans for this project. The building may be located on a 6.8-acre land plot at 400 Corporate Drive. Representatives of the Dallas-based Trinsic Residential Group shared that...
Read more -
According to a new report by Florida Realtors, the number of South Florida residents willing to sell their homes is increasing but the buyers willing to close the deal are getting fewer. This trend is caused by high competition among buyers and a sharp price hike over the past few years. Nevertheless, the value of real estate continues to increase...
Read more -
Todd Michael Glaser, a high-end real estate developer born and bred in Miami Beach, has finally achieved his dream and moved to Palm Beach. He purchased a mansion worth USD 23.29 million in this upscale city. The value of a square meter was USD 27,030. The 861.3 m2 property at 125 Via Del Lago was sold by 125 VDL LLC currently managed by Bridget...
Read more