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Cofini and Carter agree that the rental market will stay strong in 2025, meaning that rents may not decline from the national median price of $2,150. Cofini said, “Certain areas are projected to ...
Rising Home Prices. Claus foresaw that Florida home prices would rise steadily over the next five years, fueled by high demand and limited supply. “Cities like Miami, Tampa, and Orlando may see ...
Overall, in five years, he expects prices to have appreciated a total of 15 to 25 percent. McBride predicts home prices will average low- to mid-single-digit annual appreciation over the next five ...
In June, the housing market had a 4.1-month supply of housing inventory, a 3.1 percent improvement over May but still below the 5 to 6 months needed for a healthy, balanced market — one that ...
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 ...
The busy spring and summer real estate season is drawing to a close, and while some buyers will find good deals off-peak in the fall and winter, many hopeful homeowners are already strategizing for...
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 ...
“Florida does not levy a state income tax on individuals,” Coffman said. “Florida has a state sales tax rate of 6%, a maximum local sales tax rate of 2% and a combined state and local sales ...