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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 ...
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... in Orlando, in a recent Redfin report. “It’s causing buyers to rethink their plans ...
Close to 88% of condos on the South Florida market were built over 30 years ago, an ISGWorld analysis shows. Prices for these older condos have fallen substantially, with an average sales price of ...
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]
Also in 1925, Florida began to pass laws further regulating real estate; with salesmen being required to have licenses and offices which as a result led to a boom in demand for office space. [ 16 ] Then, on January 10, 1926, the Prinz Valdemar , a 241-foot, steel-hulled schooner , sank in the mouth of the turning basin of Miami harbor and ...
Florida rank U.S. rank Metropolitan area Population (2023 est.) 1 9 Miami–Fort Lauderdale–West Palm Beach: 6,183,199 2 17 Tampa–St. Petersburg–Clearwater: 3,342,963 3 21 Orlando–Kissimmee–Sanford: 2,817,933 4 38 Jacksonville: 1,713,240 5 63 North Port–Bradenton–Sarasota: 910,108 6 72 Cape Coral–Fort Myers: 834,573 7 75 ...
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