PALM BEACH GARDENS, Fla. — One of the big questions looming as we head into the new year is whether the Florida housing market will cool off at all.
"I was in Manhattan. It was difficult times, so I decided to take this opportunity to come down here permanently," Powers said.
It was a wild real estate ride in 2021.
It was a wild real estate ride in 2021. Here are the five biggest trends that shaped the past year
The real estate market in Florida was nothing short of crazy in 2021. Buyers watched as homes flew off the market in a matter of days and prices shot up with double digit percentage increases compared to the year before.
Top South Florida Real Estate Stories of 2021
A collage of South Florida’s top stories, including the Surfside collapse, Palm Beach homes, 830 Brickell, and St Regis Residences Brickell (Getty, iStock)
All eyes were on South Florida real estate for various reasons in 2021, from rising rents that propelled record investment trades to huge multimillion-dollar home sales, to the expansion of financial giants such as Blackstone, and the many preconstruction condo sales launches.
Why is the Southwest Florida Real Estate Market So Hot? | Think Realty | A Real Estate of Mind
The real estate market nationwide is seeing unprecedented surges. One of the hottest markets in the US is Southwest Florida.
Due to the global pandemic and massive shutdowns people have been unable to travel overseas or take cruises which left many not only valuing home ownership more in general, but also looking for that "getaway" here in the states with Florida capturing a lot of that traffic.
Florida real estate: Ponte Vedra Beach home is St. Johns County top seller
A Ponte Vedra Beach home topped the list of most expensive single-family home transfers recorded in St. Johns County from Dec. 17-24.
The six-bedroom, 3,623-square-foot home on Duckwood Lane sold for $1,020,000 on Dec. 13 and recorded on Dec. 17. The house, sold through Lisa Ferguson with La Rosa Realty North Florida, was on the market for 34 days; it last sold for $551,300 in September 2014.
St. Augustine bed and breakfast sells for $2 million | Florida real estate
The Forbes said in an April interview with The Record that they operated their business for 19 years and wanted to retire.
"I'll really miss the activity and the guests, and telling people all about what is so great about St. Augustine," Scott Forbes said at the time.
South Florida Real Estate Developer David Martin Looks at Best Practices for Achieving Project
David Martin of Terra Group Talks Project Sustainability: How This Real Estate Developer Determines His Firm's Best Practices
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Sale of beachside estate tops $32 million in Manalapan near Palm Beach
The six-bedroom estate in the wealthy town south of Palm Beach last changed hands in September 2015 when it was bought by Dr. William Joseph Gueck for a recorded $13.76 million, courthouse documents show.
The property measures 1.6 acres, which includes its main beachfront parcel and a narrow strip of lakefront west of the coastal road. Built in 2004, the house faces about 150 feet of oceanfront, with about the same amount of frontage on the Intracoastal Waterway.
Happening on Twitter
Comparisons to South Africa are similarly problematic. Even if you set aside the country's super-high prior infecti… https://t.co/zlDQMJK6ws JamesSurowiecki (from New Haven, CT) Mon Jan 03 16:11:34 +0000 2022
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