The great weather, paired with the “work-from-anywhere” dynamic brought about by the pandemic, continues to bring more people to the Sunshine State, according to the FAA. The Florida Apartment Association (FAA) has launched a new website, BuildFlorida2030.com, that tracks the state’s growing housing needs and includes a dashboard that tracks the percentage of renters, as well as a breakdown of land and construction costs by county. “I think the big key takeaway is that Florida
Stocks mainly pay when they appreciate and bonds via coupons, but real estate offers five profit centers, such as income, tax savings and principal paydown. NEW YORK – If you invest in stocks or bonds, you may be more accustomed to one way of getting paid. For stocks, typically you’ll only get paid from stock price appreciation. For bonds, you’ll typically only get paid from the coupon payments (similar to net rental income of rental
Broward County Palm Beach County Miami-Dade County Source: MIAMI REALTORS®
Freddie Mac: The average 30-year fixed rate mortgage slipped to 6.31% from 6.33% previously, declining for the fifth straight week. It was 3.12% a year ago. WASHINGTON (AP) – The average long-term U.S. mortgage rate declined for the fifth straight week, even as the Federal Reserve just raised its key borrowing rate for the seventh time this year and signaled there were more to come in 2023. Mortgage buyer Freddie Mac reported Thursday that the
The median U.S. asking rent climbed 7.4% year-to-year to $2,007 in Nov. In Fla., Miami’s rate was higher, Orlando and Tampa lower, and Jacksonville saw a decline. SEATTLE – The median U.S. asking rent climbed 7.4% year-over -year to $2,007 in November – the smallest increase in 15 months and the sixth-consecutive month in which annual rent growth slowed, according to a report from Redfin. November also marked the third-straight month of single-digit rent growth
Las Olas Boulevard is part of a hot group of highly visited South Florida retail and dining destinations. Fort Lauderdale’s most iconic street hosted 2 million unique visitors over the past 12 months, double Coconut Grove. Las Olas also sees 500,000 more visitors than The Square in West Palm Beach. These visitor levels, combined with DowntownFTL’s residential and employment density, support Las Olas as a vibrant destination for world class retailers to have a presence.
Hi, I’m JASON TAUB – Your local Real Estate Professional in Fort Lauderdale and the surrounding communities across South Florida. Introducing .. a gorgeous, high floor condo for sale at NuRiver Landing .. One of the most highly sought after high rise buildings in all of Downtown Fort Lauderdale. The building is packed with amenities and is most known for its rooftop pool with panoramic views and its location directly on the river and within
Hi, I’m JASON TAUB – Your local Real Estate Professional in Fort Lauderdale and the surrounding communities across South Florida. There’s a lot of speculation about whether the South Florida real estate market will be cooling off soon, resulting in significant price decreases. Here are 10 reasons why I don’t think that’s the case. #1. The obvious. Our year-round tropical weather. Enough said! #2. Record low inventory and high demand results in a competitive market
With the holiday season upon us, the Fort Lauderdale Water Taxi Holiday Lights Cruise has returned. During the month of December, you can cruise the Fort Lauderdale waterways aboard the Water Taxi, taking in the gorgeous waterfront estates decked out with holiday lighting while enjoying holiday music. These sailings book up fast so it’s highly recommended to get your tickets sooner than later. Get your tickets here.
Florida Realtors: Single-family median price up 12% year-to-year, condo median up 19.2% and inventory on the rise. But inflation, higher interest rates impact sales. ORLANDO, Fla. – Florida’s housing market reported higher median prices and more inventory (active listings) in October compared to a year ago, though inflation and rising interest rates remained a factor for buyers, according to Florida Realtors®’ latest housing data. Closed sales of single-family homes statewide last month totaled 20,837, down
The Victoria Park neighborhood of Fort Lauderdale, Florida is located on the eastern edge of Downtown Fort Lauderdale – Specifically East of US1 (Federal Highway) and between Sunrise Blvd to the North and Broward Blvd to the South. If you take Broward Blvd as far East as possible past US1, you’ll find yourself entering the neighborhood where Broward Blvd eventually curves and turns into Victoria Park Road – A main north to south artery through