Floridians like to remain in the Sunshine State

Posted by:

Florida is retaining its residents at a remarkable rate, with 72.7% of those born in the state choosing to remain as of 2021, ranking it sixth in the nation for resident retention. This “stickiness” factor significantly impacts Florida’s economic growth, as a stable population and workforce are vital for a state’s prosperity.

The states with the highest resident retention rates are Texas (82%), North Carolina (75.5%), Georgia (74.2%), California (73%), and Utah (72.9%).

On the other end of the spectrum, Wyoming ...

Continue Reading →
0

What 2023 holds for Miami real estate?

Posted by:

Miami shows no signs of a market crash. Here’s what experts say to expect instead.

1. The market will hold strong.

Home sales prices could take a hit if mortgage rates were to continue surging, but that doesn’t seem to be the case, forecasts Ines Hegedus-Garcia, executive VP of Avanti Way Realty.

  • “This sustained decline [in mortgage rates] will help revive homebuying and we should see a more robust market for home sales ...
Continue Reading →
0

Sellers of South Florida waterfront land are testing the market

Posted by:

Looking to capitalize on South Florida’s booming waterfront mansion market, sellers of vacant waterfront lots in Miami and Miami Beach are listing their properties for prices that appear to bend reality. 

Sellers have been told that so many wealthy people are moving from California, Chicago and New York, big CEOs looking for properties like the billionaire Ken Griffin, who paid $106.9 million for a 4-acre Coconut Grove waterfront estate this summer.

But thanks to rising construction ...

Continue Reading →
0
Page 2 of 3 123