Articles by Florida Real Estate News

Booming Real Estate Market in Palm Beach and West Palm Beach Palm Beach and West Palm Beach are thriving in the real estate sector, showcasing an impressive surge in property transactions. Nestled in Palm Beach County, South Florida, these areas are increasingly becoming hot spots for homebuyers and investors alike. Active Market Conditions According to a recent report from Broward, Palm Beaches and St. Lucie Realtors, the real estate landscape in Palm Beach County has been bustling, recording over 13,300 single-family home sales and nearly 9,900 condo and townhouse transactions in 2024. This bustling activity highlights the area’s desirability and…

Florida Home Stuck on Market for Over 200 Days Amid Price Cuts and Market Challenges A 2,500-square-foot pool home located just north of Tampa, Florida, has been sitting on the market for more than 200 days, despite multiple reductions in price. Originally listed at $525,000, the home is now offered at $470,000 but continues to struggle to attract buyers. This prolonged listing period highlights broader issues impacting Florida’s real estate market today. Location and Pricing Concerns in Spring Hill, Florida This pool home for sale in Spring Hill is situated approximately 50 miles north of Tampa. While Spring Hill offers…

Cape Coral’s housing market is currently under intense scrutiny, with some reports labeling it the "worst in America" due to significant price declines. However, local real estate experts and associations are pushing back, arguing that the market is undergoing a natural correction after an unsustainable pandemic-era boom, rather than a crash reminiscent of 2008. Cape Coral’s Housing Market: A Tale of Two Narratives Recent analyses, including data from Cotality (formerly CoreLogic), indicate that Cape Coral has experienced the largest year-over-year decline in home prices among the top 100 markets, with a significant -6.5% drop. This has led to concerns about…

Investing in Fannie Mae’s 27th Community Impact Pool: A Florida-Focused Opportunity The evolving housing market has opened doors for savvy investors targeting non-performing loans (NPLs). One standout investment option is Fannie Mae’s 27th Community Impact Pool (CIP), a unique portfolio based in Florida. With 32 loans amounting to $8.1 million in unpaid principal balance (UPB), this pool presents a compelling opportunity to dive into undervalued real estate. Here’s what you need to know to evaluate this investment effectively. Geographic Focus: Florida’s Robust Real Estate Market Florida’s real estate market has proven resilient amid economic uncertainties. Factors such as a robust…

Decline in Canadian Interest in Florida Real Estate: What’s Behind the Shift? Florida has long attracted Canadian homebuyers with its warm climate and appealing lifestyle. However, recent data reveals a notable decline in the number of Canadians exploring real estate opportunities in key Floridian cities. Key Findings from Redfin’s Analysis According to data from Redfin, interest has notably decreased in major markets: Miami: Down 30% year-over-year Orlando: Down 30% year-over-year Fort Lauderdale: Down 21% This dramatic shift mirrors broader changes in U.S.-Canada relations, particularly following the implementation of tariffs. Factors Contributing to the Decline Tariffs and Relations: In early 2025,…

U.S. Housing Market Experiences Slowest Home Price Growth in Nearly Two Years The U.S. housing market is showing clear signs of cooling, with home prices climbing at their slowest pace in almost two years. According to a recent report by Redfin, Florida is at the forefront of this nationwide slowdown, experiencing notable price declines and shifts in market dynamics. Why Are U.S. Home Prices Increasing at a Slower Rate? Despite setting a record for median sale prices, U.S. home price growth has flattened considerably: Median Sale Price Peak: In May 2025, the median sale price hit a record $440,997. Growth…

The Current State of the U.S. Condo Market: Dramatic Price Drops and Sales Decline The U.S. condo market is experiencing a significant downturn, with prices and sales plummeting as rising HOA fees and insurance costs weigh heavily on homeowners. This stark contrast to the single-family home market, where prices have increased by 0.5%, highlights the unique challenges facing condo owners and potential buyers. Condo Prices and Sales Trends As of May, the median U.S. condo sale price decreased by 2.2% year-over-year, landing at $354,100—making this the second-largest drop recorded since 2012, according to Redfin’s analysis of MLS data. The only…

Miami-Dade County Advances $295 Million Mixed-Use Development Near Liberty City Miami-Dade County is set to embark on a significant transformation of the Liberty City area, with plans for a $295 million mixed-use development. This project will cover 37.7 acres and is spearheaded by Michael Swerdlow, in partnership with SJM Partners’ Stephen Garchik and Alben Duffie. Overview of the Development On Tuesday, an important resolution was passed by the Miami-Dade County Commission housing committee, directing Mayor Daniella Levine Cava to negotiate a public-private partnership for this ambitious project. The site, located at 7200 Northwest 22nd Avenue, includes approximately 24 acres designated…

Insights from the Walker Webcast: Peter Linneman and Willy Walker Discuss the Housing Market The recent Walker Webcast on July 7 brought together two influential figures, Willy Walker, Chairman and CEO of Walker & Dunlop, and Peter Linneman, a renowned economist and principal of Linneman Associates. Their quarterly discussion tackled significant economic issues, with a sharp focus on housing, inflation, and job growth in the current market landscape. Breaking Down Inflation and Rent Trends Understanding Inflation Metrics One of the standout topics was the discussion around inflation, particularly the concept of owner-equivalent rent (OER). Without accounting for OER, Linneman pointed…

Detroit’s Real Estate Gamble: The Controversial Practices of RealT In July 2023, a Florida-based real estate startup, RealT, introduced a novel investment opportunity to foreign investors—allowing them to purchase fractional ownership in a portfolio of 39 homes on Detroit’s east side for as little as $50. The innovative idea attracted substantial interest, raking in over $2.72 million from investors eager to capitalize on the growing digital asset landscape. A Troubling Deal Despite the initial success, the promised transaction has not materialized. Over a year later, the deeds for these homes still list Brewer Park Homes LDHA LP as the legal…