Despite historical notions of the American dream revolving around owning a home, an interesting trend has come to light which states that home ownership is decreasing in South Florida. It’s actually been decreasing since 2005! Thanks to acts of nature like the hurricanes of 2004 and 2005, skyrocketing insurance rates were one reason that homeownership […]
Published
August 20, 2013
In Florida’s Port St. Lucie, investment properties are selling at lightening speed, with new owners then flipping and reselling properties at a higher price point to those looking for a new home. It’s gotten so popular, that the RealtyTrac Midyear 2013 Home Flipping Report named Port St. Lucie among the top 15 real estate metro […]
Published
August 13, 2013
While commercial real estate was one of the hardest hit areas of the market when the recession hit, with rental rates dropping significantly in an attempt to lure tenants and compete with less expensive nearby vacant space. Where typical rents dipped about $10 from their average in the last two years, recent reports show that […]