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All of these are evident in South Florida’s current housing market. “South Florida is experiencing a housing bubble,” Alyssa Soto Brody, a real estate broker and co-founder of Miami- and New ...
Across the South, closed sales declined 4.1% over the past month and 14.6% over the past year, reflecting the effects of low inventory and the highest mortgage rates in a generation, National ...
Here are the most cost-burdened real estate markets in the U.S., according to data collected by Apartment List: Miami, Fort Lauderdale, Pompano Beach, Florida Urban Honolulu, Hawaii
The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards . This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [ 1]
“Florida’s luxury real estate market will continue to thrive, attracting wealthy buyers from both the U.S. and abroad,” Claus said. “High-end properties in cities like Miami and Palm Beach ...
The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [ 6 ] The Vinoy Park Hotel in St. Petersburg, Florida is an example of Mediterranean Revival architecture in the state.
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
Tampa, Florida, was rated 2022’s hottest housing market by Zillow ( Z, ZG ), beating out other Florida cities as well as other major metros like Phoenix and Austin, Texas. The city outranked ...