News
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The Niche platform published the results of the analysis that identified 25 best places to live in the USA. Four Florida districts are included in this list. The analysis was based on expert data and local residents’ assessment. The following criteria were taken into account: the quality of housing, the quality of public schools, the crime rate,...
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Last year, landlords from Miami-Dade (Florida) made about $76 million by leasing out their properties on the Airbnb platform. The rental revenues in Osceola County reached approximately $64 million. Florida investors in general earned over $3 billion on Airbnb over the year. As per a recent report by Airbnb, an average family from Osceola made...
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According to the US Census Bureau, Florida has become the state with the fastest growing population. It has not been No. 1 by this indicator since 1957. What is the reason? Famous for its warm climate and sandy beaches, Florida is now home to 22 million people. An attractive tax regime has made it the fastest growing US state. However, this is not...
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The private railway company Brightline, which started operations in South Florida in 2018, is going to extend its line to Orlando in the nearest future. The trains currently run along the state’s Southeast coast between Miami, Fort Lauderdale, Boca Raton, and West Palm Beach, making 18 round trips per day and covering a distance of approximately...
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Construction volumes in the USA are generally declining because of the interest rates growth. This is why the share of rental apartments completed in Q1 2023 was only 0.4% – 40 basis points less than a year ago. For instance, no residential properties at all were commissioned in Harrisburg, Broward County, Florida, over this period. Development is...
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The RentCafe platform recently published a fresh ranking of US rental markets competitiveness based on the analysis of five key indicators: the average number of vacant days per apartment, the number of potential tenants competing for an apartment, market occupancy, the share of tenants that extended their lease contracts, and the share of...
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In the ranking of US metropolitan areas with the greatest volume of planned new construction, Ocala, Florida, became No. 2, trailing only Myrtle Beach in South Carolina. Experts from Realtor.com analyzed the issuance of new construction permit in 2022 according to data from the US Census Bureau and identified the metropolitan areas with the...
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Orlando, Florida, enjoys well-deserved popularity among not only tourists, although it is visited by over 59 million people every year. Many also choose this location for permanent residence. Besides a mild climate and incredible nature, Orlando offers numerous career opportunities, with major employers such as Magic Kingdom, The Walt Disney World...
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High-profile real estate experts forecast a bright future for Southwest Florida’s real estate market, which, however, depends on hard-to-foretell factors such as interest rates on different types of loans, prices, and political decisions. According to Randy Thibaut, Founder of LSI Companies and CEO at Sage Communities, no one could have imagined...
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According to reports published this week by the National Association of Realtors and Florida Realtors, the sales of residential properties continue to decrease by double digits in Florida as the supply increases. The value of housing in this state, however, still rises. In the USA as a whole, the sales of existing homes dropped by 22.6%...
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