April 14, 2025 - 00:26
The Florida housing market is currently experiencing a tumultuous period that raises concerns about its future stability. Rising prices have made homeownership increasingly unattainable for many residents, leading to questions about the sustainability of this trend. In recent months, the average cost of homes has surged, driven by high demand and limited inventory.
Compounding the issue is an ongoing insurance crisis that has left many homeowners struggling to secure affordable coverage. This situation has been exacerbated by natural disasters and the increasing risk of climate-related events, making insurers wary of providing policies in certain areas.
Additionally, there has been a noticeable exodus of residents from Florida. Many are relocating to states with lower living costs and more stable housing markets, further straining the local economy. As the dream of owning a home in the Sunshine State becomes increasingly elusive, the question remains: is Florida's housing market on the verge of collapse?
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...