News

  • What to consider when buying a property in the 5 most popular cities in Florida?

    One of the most popular places to live in the USA - Florida - offers many housing options for any budget and lifestyle. This is a popular destination for those who love the sun, known for its beaches, theme parks and warm weather. Real estate experts recommend taking into account the features of the most sought-after areas of the state when buying...

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  • Demand for real estate in Alys Beach, Florida, has soared over the past years

    Alys Beach occupies 640,000 square metres on the coast of the Gulf of Mexico in Northwest Florida. The community is incredibly popular among buyers despite strict development and decoration rules. This might actually be a part of its charm: the white stucco walls and stone-paved driveways are reminiscent of cosy streets of Greek islands. Over the...

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  • Condominium sales in Miami-Dade County reduced to $647 million in April 2023

    The condominium market in Miami-Dade County, Florida, somewhat slumped this April, as the cumulative sales volume of $647 million represents a reduction compared to March, when $808 million worth of such properties was sold. In February, however, the amount was even smaller, at $544 million. By the number of transactions, April was also slightly...

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  • Home insurance costs rose by 57% in Florida from 2015 through 2022

    The key reason for a rapid growth of insurance premiums is the climate change that entails an increasing number of hurricanes, forest fires, and other natural disasters, experts say. However, Americans most often move to Florida, Texas, and other states most susceptible to this danger. A new study by LexisNexis Risk Solutions that specializes in...

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  • In 2022, over 319,000 residents of other US states moved to Florida

    A huge number of residents from other US states, especially Democrat-led ones, continue to move to Florida in general and Miami in particular. This caused an unprecedented boom in the real estate market that still hasn’t stopped. Marc Roberts, Founder of E11EVEN Club in Miami, notes that the city shows no signs of slowing down in the real estate...

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  • New Florida legislation protects homeowners from rental rate caps and ensure construction of affordable housing

    A series of laws that Florida Realtors believes to be extremely beneficial for the local real estate market were adopted at the recently terminated meeting of the state’s Legislature. One of the most important novelties was Bill 102 stipulating comprehensive support of affordable housing. $811 million, a historical high in the state’s history,...

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  • Residents of Miami-Dade County, Florida, fear flooding

    In accordance with the development rules in Miami-Dade County, construction companies must create drainage systems preventing stormwater from flooding the neighbouring buildings. The contemporary construction standards ensure safety of residents of new homes, such as a planned residential complex with 177 units in Biscayne Shores, a community in...

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  • Average selling price of single-family houses in South Florida grew by 8% in Q1 2023

    South Florida, which was previously considered exclusively a vacation destination, has lately turned into a global financial and economic hub. The number of new residents in three largest counties of the region, namely Miami-Dade, Palm Beach, and Broward, grew the most over 2022, which boosted the demand for housing. According to ISG World, the...

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  • The number of active property purchase offers is growing in Florida

    According to Florida realtors, in Q1 2023, there were more active home sales announcements on the housing market than a year ago. This indicates that potential buyers today have a fairly large selection of real estate. The average sale price of single-family properties in the state in March 2023 was $405,000, which is 2.1% more than in 2022,...

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  • Experts advise investing in the “pearl of Florida” - real estate in Palm Coast

    Palm Coast in Florida, located between St. Augustine and Daytona Beach, is called the “pearl of the state” in real estate. Experts note that the highest income can be obtained from renting out inexpensive houses on the embankment. Sunny beaches of Florida, picturesque islands, crystal clear springs and cozy towns have always attracted vacationers...

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