Florida home values have gone up 4.4% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Florida is $166. The median price of homes currently listed in Florida is $296,000 while the median price of homes that sold is $227,500.
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That is $6,450 that West Palm Beach real estate investors could put into their next investment. If you are a landlord, rental rates are equally attractive, as the median rent price in West Palm Beach is $1,400. By comparison, rent in the Miami and Fort Lauderdale areas is approximately $1,850.
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Commercial Property Market in Florida Making Slow Recovery.. South Florida’s retail property market is expected to improve in 2013, and real estate agents say that the trend will likely continue for several years down the line. Leave a Reply.
Forge your own real estate recovery, people who are underwater in their homes and would like to move can use creative solutions to get moved
Florida’s post-recession recovery has restructured the economy in a way that has left millions with fewer assets, lower incomes and less potential to withstand even short-term budget stress.
The Sand Palace story also underscores a new reality that’s been slow to dawn on many involved in coastal real estate: Climate change, and the accompanying rise in sea level and storm activity.
The real estate industry of tomorrow: Location, experience, analytics Since the commercial real estate industry began, location, location, location has always been the traditional mantra. Not anymore. In our 2016 smart buildings report, we predicted the new mantra would be location, information, analytics.
Florida executives and professionals rely on FloridaTrend.com for in-depth analysis and perspectives on the issues, people and ideas that define Florida. Real Estate: News articles from Florida.
(1) The Florida Real estate recovery fund shall be disbursed as provided in s. 475.484, on order of the commission, as reimbursement to any person, partnership, or corporation adjudged by a court of competent civil jurisdiction in this state to have suffered monetary damages by reason of any act committed, as a part of any real estate brokerage transaction involving real property in this state.