Florida is currently the U.S.’s second-most valuable housing market, according to report

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography According to a Zillow survey, Florida has surpassed New York to become the second-most valuable U.S. housing market. Four Florida markets are among the top six where home prices have increased since the epidemic began: Tampa (+88.9%), Miami (+86.6%), Jacksonville (+82.4%), and Orlando

Florida residents leave the state as insurance rates soar by 900 percent

Insurance premiums – House in Florida – Courtesy: Shutterstock – Image by Mark Winfrey According to recent reports, Florida homeowners are considering selling their homes, canceling their insurance, and even leaving the state as a result of the state’s soaring insurance premium costs. The state has long been a popular vacation spot for many Americans,

Who is surpassing Florida cities for apartment rent growth?

Miami Beach, Florida: Colorful pastel green house apartment building for rent – Courtesy: Shutterstock – Image by Kristi Blokhin The majority of rent price increases last month were in college towns, energy industry towns, Midwest and Northeast cities, while rent growth in the Sunbelt, which skyrocketed during the epidemic, fell further victim to a large

Florida surpasses New York to take second place for most valuable housing market

New York City Housing Market – NYC Skyline with Statue of Liberty In View – Courtesy: Shutterstock – Image by shutterupeire According to a poll, Florida has surpassed New York to become the second-most valued property market in the country. Beginning in June 2022, residential property values in the Sunshine State increased by $160 billion,

First-time homebuyers in South Florida struggling to find affordable homes

Homes for Sale — Courtesy: Shutterstock — Andy Dean Photography The prices of South Florida homes are skyrocketing. South Florida realtors say they have never seen a market like this before, making first-time homebuyers’ chances of owning a home slim to none. Many have ended up renewing more expensive leases and some have even moved

South Florida’s housing market is freezing out potential buyers who can’t compete with investors

South Florida – Housing Market – Courtesy: Shutterstock – Image by pisaphotography In South Florida, home prices continue to surge. The housing market trend has left several homebuyers either unable to find properties or in an all-out bidding war. “I’ve been looking for a home for about two years, it has been a very difficult