Florida at the top of the list for real estate appreciation in 2022
Home values in Florida increased more in 2022 than in any other US state, according to data analyzed by real estate portal Zillow. The average value of a home in Florida, according to the most recent publicly available data measured in December 2022, was just under US$405,000 [...]
Florida is the fastest growing state for the first time since 1957
After decades of rapid population growth, Florida is now the fastest growing state in the country for the first time since 1957, according to the U.S. Census Bureau's Vintage 2022 estimates released today [December 22, 2022]. Florida's population increased 1.9% to 22,244,823 between 2021 and 2022, [...]
Florida still number 1 among international buyers
That's the kind of news our investors like to read! Florida is still the number one choice for international buyers and investors, according to the Coldwell Banker International Buyers Guide. Nearly one in four (24%) of international buyers purchase a home in Florida. Ranking of the Top 5 Florida States: [...]
Real estate activity in Orlando - September 2022
Market situation The average interest rate for September was recorded at 6.3%, an increase of 19.5% compared to August, when the interest rate was 5.3%. Sales in September fell by 18.3% to a total of 2,717 sales compared to 3,324 sales in August. Compared to September [...]
Real estate activity in Orlando - August 2022
Market situation The average house price for August 2022 was recorded at $377,750, a slight drop of 0.8% compared to July's average house price of $380,900. This is the second month in a row that the average house price has fallen. Inventory rose by 3.7% in August, from 6,518 [...]
Real estate activity in Orlando - July 2022
Market situation The average house price for July 2022 was recorded at US$380,900, down 1.6% on June. This is the first time in six months that the average house price has fallen. Inventory increased by 19.9% in a single month, from June to July - there are more [...]
Real estate activity in Orlando - June 2022
Market situation Inventory increased by 41.2% from May 2022 to June 2022, with 1,586 more homes on the market in June compared to May. This is the second consecutive month with an increase in inventory, following the 44.2% increase in May. Inventory increased by 75.5% from June 2021 to [...]
How the real estate market works in Orlando and the surrounding area
Why did I decide to write about Orlando in a generalized way? Because I realize that, despite having countless sources of information on the internet, magazines and blogs, it's difficult to understand how the real estate and brokerage business works in Orlando when it comes to finding the best property for everyone. I'd like to remind you that the areas [...]
Real estate activity in Orlando - May 2022
Market situation Inventory increased 44.2% from April 2022 to May 2022, with more than 1,200 additional homes coming on the market in May - this is the largest monthly increase in Orlando inventory ever recorded. The average sales price for May was recorded at US$379,950, an increase of 2.7% on [...]
Brazilian businesswoman makes it big in Florida selling million-dollar homes
A Brazilian with more than 10 years of extensive experience in the Florida real estate market, Andrea Pointon has stood out at the head of Pointon Realty, among other reasons, for having made her real estate company one of the five best rated in the region, accumulating awards such as "Best of Winter Garden 2020 and 2021", from Winter Garden [...]