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The first real estate bubble in Florida was primarily caused by the economic prosperity of the 1920s coupled with a lack of knowledge about storm frequency and the poor building standards . This pioneering era of Florida land speculation lasted from 1924 to 1926 and attracted investors from all over the nation. [1]
Median home prices increased in St. Lucie and Martin counties and decreased in Indian River County: Martin: $607,500, up from $575,000 in March. Indian River: $430,000, down from $460,000 in March ...
Across the South, closed sales declined 4.1% over the past month and 14.6% over the past year, reflecting the effects of low inventory and the highest mortgage rates in a generation, National ...
Florida is one of nine states in the U.S. that don’t have state income taxes, making it an attractive place to live and invest in real estate. Alex Coffman, real estate agent and co-owner at ...
The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. The Vinoy Park Hotel in St. Petersburg, Florida is an example of Mediterranean Revival architecture in the state.
Swampland in Florida. A freshwater swamp in Florida. Swampland in Florida is a figure of speech referring to real estate scams in which a seller misrepresents unusable swampland as developable property. These types of unseen property scams became widely known in the United States in the 20th century, and the phrase is often used metaphorically ...
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