The state had the sixth-biggest increase in the country. Florida was neither first nor last in a study that showed how much home prices have shot up over the past five years. In fact, it was nearly 20% less than the state with the biggest increase. (That state was Idaho, with a 91.9% increase in home prices.) Still, the fact that home prices in Florida have increased 73.5% over the past five years,...
Even before the pandemic, Florida was a magnet for millionaires eager to purchase a tax-friendly retreat. Now, as more high-net-worth homebuyers head further south, the Sunshine State has become home to some of the country's priciest neighborhoods. While cities within New York and California have historically ranked amongst the wealthiest enclaves in America, real estate values in certain areas of Florida...
Nearly 25% of U.S. homebuyers are looking to move out of their current metro areas, with many people turning their attention to cities in Florida as their next place to call home, according to a new study. "The U.S. housing market has cooled significantly during the second half of 2022 as high mortgage rates, inflation and a stumbling economy deter would-be homebuyers and sellers. But of the people who...
US Secret Service financial analyst says imposters gain access through email chains, dark web ORLANDO, Fla. A couple who recently moved from Connecticut to Central Florida has become the latest victim of a national multi-billion-dollar real estate scheme dubbed Business Email Compromise. Aimee and Michael Ferla admit they were fooled by email messages last month that appeared to be from the title company...
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