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A $9.7 million Martin County home with 5 bedrooms and 6½ bathrooms was the most expensive sold in October. See photos of other top home sales.
In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. 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]
There were more houses for sale on the Treasure Coast in October than in September, but they cost more, took longer to sell and fewer sold, according to data Florida Realtors released Nov. 21.
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]
An armoire desk is a writing-table built within a large cabinet, usually 1.5–2.0 metres (5–7 feet) high. The cabinet is closed by two to four full-height doors, to keep out dust or to give a tidy appearance to a room by hiding the cluttered working surface of the desk.
Kas, kast, or kasten (pronounced kaz) is a massive cupboard or wardrobe of Dutch origin similar to an armoire that was popular in the Netherlands and America in the 17th & 18th centuries. It was fitted with shelves and drawers used to store linen, clothing, and other valuables and locked by key.
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