Author: Florida Real Estate News
Potential Impact of Tariffs on Florida’s Sluggish Housing Market Florida’s housing market is facing new challenges as tariffs implemented by President Donald Trump loom overhead. These tariffs, particularly affecting imports from Canada, Mexico, and China, may exacerbate an already sluggish market, with significant implications for new home sales. Here’s a detailed examination of how these changes could influence the real estate landscape in Florida. Understanding the Current Situation Tariffs and Their Effects New Home Sales: The tariffs are expected to have the most pronounced effect on new construction, primarily due to the increased cost of imported materials like lumber and…
The Challenges of Off-Campus Housing: An In-Depth Look at the Rental Landscape Loud, Dirty, and Expensive – These are the words that resonate with many university students searching for off-campus housing. Devin Kinnally, a 20-year-old economics junior at the University of Florida (UF), embodies this struggle, sharing her frustrations over the high costs and poor living conditions she encountered while seeking affordable housing near her classes. The High Cost of Living After a year in Beaty Towers dorm, Kinnally moved to UFORA, an off-campus apartment complex, where she found herself paying $1,100 monthly for what she deemed a subpar living…
Discover Your Own Private Island: Howell Key for Sale in the Florida Keys Are you dreaming of a serene getaway? Look no further than Howell Key, an exclusive off-grid island retreat newly available on the market for $21.9 million. This incredible 10-acre sanctuary is the only private island currently for sale in the Florida Keys and boasts the highest price tag in the Middle and Lower Florida Keys. The Allure of Island Life Location and Accessibility Five-Minute Boat Ride: Howell Key is conveniently located just a short boat ride away from Summerland Key, ensuring you’re not too far from modern…
The Current Landscape of Real Estate: Trends and Market Insights for Investors Are you an investor in rental properties? Understanding the evolving landscape of real estate markets is crucial for making informed decisions. This article delves into the latest trends, including shifts in home prices across various regions, the impact of recent policy changes, and what investors should watch for in the coming months. Key Takeaways Year-Over-Year Home Prices: National home prices saw a modest increase of +2.1% from February 2024 to 2025, down from the prior year’s +4.6%. Market Decline: Out of the 300 largest metro areas, 42 are…
Are Florida Housing Markets Heading for a Price Crash? Insights for Potential Buyers Are you considering investing in Florida real estate? The Sunshine State has long been a beacon for new residents and investors, driving home prices to unprecedented levels. However, recent data indicates that some regions may be cooling off, and a potential price crash could be on the horizon. Florida Markets at Risk: Winter Haven and Tampa Recent analysis from Cotality has flagged Winter Haven and Tampa as two Florida housing markets facing a significant risk of price decline. While the term "price crash" may sound alarming, the…
Discover Manalapan: Florida’s Emerging Luxury Real Estate Hotspot Palm Beach has long been synonymous with luxury living in Florida. However, a new competitor is quickly rising to prominence: Manalapan. Nestled just south of Palm Beach, this tiny enclave is becoming one of the most sought-after zip codes in the United States, drawing attention from billionaires and celebrities alike. Why Manalapan Stands Out Exclusivity: Spanning just half a square mile with fewer than 500 residences, Manalapan offers an unparalleled level of privacy. High-Profile Residents: Notable figures, such as Yanni and Oracle founder Larry Ellison, are investing heavily in the area. Ellison…
Palm Beach Real Estate: The Luxury Market Thrives Amid Florida’s Slowdown While Florida’s booming real estate market has begun to cool off, one area remains an undeniable hotspot: Palm Beach. As the median price for homes across the state decreased by 1.7% in March 2025, Palm Beach continues to blaze its own trail. The State of Florida’s Real Estate Market The post-pandemic migration surge to Florida has softened significantly. Buyers are increasingly concerned about climate risks and extreme weather, which is reshaping their sentiments. The inventory surge in South Florida, paired with rising HOA fees due to regulatory changes, has…
Body Camera Footage Deleted Before Trial for Teen’s Boating Fatality Overview of the Incident In a concerning turn of events, critical body camera footage has been erased just months before the trial of George Pino, the reportedly intoxicated driver of a boat that crashed, resulting in the tragic death of 17-year-old Luciana Fernandez and injuries to 10 others. The unfortunate incident took place in 2022 when Pino’s 29-foot Robalo boat collided with a channel marker near Boca Chita. Key Events Accident Date: 2022 Victim: Luciana Fernandez, 17 (later died from injuries) Accused: George Pino, prominent Miami real estate broker Charges:…
Innovative Deal: Cryptocurrency Accepted for Waldorf Astoria Residences St. Petersburg Early cryptocurrency enthusiasts now have the chance to leverage their unrealized gains to secure a luxury condominium at the highly anticipated Waldorf Astoria Residences in St. Petersburg, Florida. Property Markets Group (PMG), a national real estate developer, has announced a groundbreaking cryptocurrency purchasing structure, making it the first of its kind in the luxury real estate sector. A New Era in Real Estate Transactions In a joint venture to build St. Petersburg’s tallest luxury-branded building, PMG is set to revolutionize how properties are purchased. Managing Partner Ryan Shear stated, “We…
Surge in Central Florida County Budgets: An In-Depth Analysis In recent years, budgets across Central Florida counties have experienced exponential growth, primarily driven by rising property tax collections. An analysis by the Orlando Sentinel reveals that Orange County’s annual spending plan has surged by $1.7 billion since 2020, an increase of approximately 31%. Rising Property Tax Collections Property tax collections in Orange County have witnessed a striking increase of about 40%, contributing significantly to the swelling county budgets. Other major counties in Central Florida have seen similar trends, with budgets expanding by at least $100 million over the same timeframe.…