Fla. Unlikely to Feel Impact from Slowing Market
Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.
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Wary buyers and rising interest rates may affect some U.S. markets, but Fla.’s rising demand and lack of construction will probably offset a potential cooldown.
In a handful of U.S. metros, studies say it’s cheaper right now to rent – but those studies assume renters must take any savings and invest it rather than spend it.
In Jupiter, an 8.5-acre single-family lot will be a 20-home development, an opportunity being considered across Fla. as most buildable land moves farther out.
A growing number of S. Fla.’s midcentury homes – basic one-story cinderblocks – are being torn down and replaced as the amount of buildable land disappears.
Micro apartments are about two-thirds the size of a regular apartment but also cost less money, which could make them a hot option for downtown urban areas.