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Welcome to TheMoveChannel.com Florida News Homepage, where you can keep up with all the latest Florida property news, covering a range of property investment, real estate industry and personal finance news topics. If you like our news, why not sign up to one of our newsletters or RSS feeds and read it every day!Investors flock to flourishing Florida
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Overseas investors are flocking to Florida, as property sales in the US state flourished in the third quarter of 2011.
The latest figures from the Miami Association of Realtors reveal that sales rose by 51 per cent compared to the same period in 2010, marking the 13th quarterly increase in a row - since 2008, house sales in Miami have been on the up, while Florida's total transactions for single family homes have increased by 12 per cent in the past year.
"Strong demand from international buyers is fuelling robust sales activity in Miami despite low consumer confidence and high unemployment," MAR chairman Jack Levine told Property Wire. "Local sales are expected to set a record this year that should exceed the height of the boom in 2005."
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Rommy Revson, inventor of the decorative pony tail holder known as a 'scrunchie', has put her Palm Beach, Florida home on the market. Revson, who patented the popular hair accessory back in 1994, is asking $4.399 million for the four bedroom, five-and-a-half bathroom Mediterranean villa.
Sales of residential property in Miami, Florida, are continuing to rise as the area records sales activity and leads the real estate recovery.
New data released on Wednesday from Realtor.com show that median list prices for single family homes, condominiums, townhouses and co-ops have surged within the last year in Florida, one of the states hit earliest and hardest by the housing market crash.
Sales of homes and apartments in Miami, Florida, are continuing their upward trend and are now 47 per cent and 33 per cent higher than a year ago, the latest figures show.
After putting the Triad on the short list for a proposed $1.5 billion solar farm, Florida-based National Solar Power announced today that the project will be located in one of four Florida counties.
Roustam Tariko, billionaire owner of Russian Standard Bank and Russian Standard Vodka, completed the most expensive home purchase in Miami Beach since 2006 when he bought a $25.5 million estate on Star Island in April.
After falling for nine months straight, single-family home prices in South Florida rose in May.
The Orlando City Council Monday approved spending $347.2 million during the coming fiscal year, a budget that would keep property taxes level and avoid layoffs.
Eighteen percent of all Florida homes are vacant and that number could grow.
Copies of certified taxable property totals were sent to city and county leaders last Friday, with county appraisals showing only modest declines in real estate values.
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