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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]
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 ...
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 ...
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.
One unique feature of Florida's homestead exemption is that it attaches to proceeds from the sale of a home if the homeowner intends to use those proceeds to establish a new Florida homestead within a reasonable time. Therefore, if the owner of a $1,000,000 home sells that home and puts the money in a bank account, that money is still protected ...
Palm Bay. Josh Dotoli, a Florida based Realtor and principal of Dotoli Group, recommended Palm Bay. “Tucked along the east coast, Palm Bay is a hidden gem with a laid-back atmosphere and an ...
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