Heading into 2024, the market's trajectory in South Florida is mired in uncertainty, impacted by variable home inventory and economic factors.With mortgage rates at a 23-yr high, ~ 8%, they significantly shape market conditions and buyer behavior....
Market Updates
Real Estate & Mortgage News & Market Updates | | Months Later: Florida’s Housing Laws Changing Lives
The government supported a significant apartment complex project. Escalating costs stalled a 233-unit apartment project in North Naples. Florida's Live Local Act spurred groundbreaking on an affordable housing-oriented complex....
Florida's population boom demands more affordable housing; Senate Bill 102 expedites construction. Affordable housing is defined by income thresholds, allowing flexibility for developers and expedited approval.The act enables county authorization and expedited approval for affordable housing developments on commercial-zoned parcels....
New Richmond, Wisconsin -In the upper Midwest, near Minneapolis -Median home value: $351K Sandpoint, Idaho -Scenic town between ski resort and lake -Attracts remote workers, retirees -Investor interest in holiday rentals -Median home value: $601K...
Florida offers an excellent rent-to-income ratio of 16%, making it a lucrative place for Real Estate investment. The state boasts a strong economy and increasing population, factors that bode well for property appreciation. Florida ranks fifth lowest in overall tax burden among U.S. states, an added advantage for investors concerned about operational costs....
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known as All Hallows Eve, and...
Florida has experienced 20 extreme weather events between 2019 and 2023, costing $239.5B....